DEV INFORMATION TECHNOLOGY LIMITED — Interim / Quarterly Report 2026

Feb 10, 2026

Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479

Date: 10.02.2026

To,	To,
The Manager-Listing Department,	The Secretary,
The National Stock Exchange of India	BSE Limited
Limited,	Phiroze Jejeebhoy Towers,
Exchange Plaza, Plot No. C/1, G-Block,	Dalal Street
Bandra Kurla complex,	Mumbai -400001
Bandra East, Mumbai-400 051
	Trading Symbol: 543462
Trading Symbol: DEVIT

Dear Sir/Mam,

Subject: Outcome of Board Meeting held on Tuesday, February 10, 2026: Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

With reference to the captioned subject; we, Dev Information Technology Limited ("the Company"), would like to inform you that the Board of Directors of the Company in its Meeting held on Tuesday, February 10, 2026 at 4:30 P.M. at the registered office of the company i.e. 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. INDIA, have inter alia, discussed and approved the following business:

1. Considered and approved unaudited standalone and consolidated financial results for the Third Quarter ended on December 31, 2025 along with Limited Review Reports thereon.

Financial Results and Limited Review Reports are enclosed herewith (Annexure – I).

Further, unaudited standalone and consolidated financial results for the period as aforementioned shall be available on the website of the Stock Exchange where the shares of the Company is listed i.e. at www.nseindia.com & www.bseindia.com/ and on Company's website at https://devitpl.com/investor-relations/investorrelations/financial-results-and-reports/quarterly-results/ .

2. Approved acquisition of 19,000 equity shares in M/s Scaleax Advisory Private Limited (through the purchase of 19,000 equity shares from M/s Dev Accelerator Limited) . The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is annexed herewith as (Annexure-II).

Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479

3. Approved variation in the redemption terms of 35,77,519 (Thirty-Five Lakh Seventy-Seven Thousand Five Hundred Nineteen) 0.01% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares of Rs. 10/- (Rupees Ten) each, by extending the tenure for a further 5 (five) years beyond the maturity date of March 26, 2026. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Variation in Terms of Issue of Redeemable Preference Shares – are annexed herewith as Annexure-III.

The Board Meeting Concluded at 05:05 P.M.

Kindly take this information on your records.

Thanking you,

On behalf of Board of Directors DEV INFORMATION TECHNOLOGY LIMITED

SHAH KRISA KAIRAV

Digitally signed by SHAH KRISA KAIRAV DN: c=IN, postalCode=380007, st=GUJARAT, street=5 ,DHARMISHTHA NAGAR SOCIETY ,AHMEDABAD,PALDI ,380007, l=AHMEDABAD, o=Personal, serialNumber=0d148fb642ad1a5177d6ac789f64 1ce2a46a0172b9661a7716658794938a1af0, pseudonym=4f06fe3cae2b49e5bf0634c6d75481 2.5.4.20=85084771729dcbf53eeb59ca8816c3023 00d8440cb27e3444c7c94d4181b4266, email=KRISAPATEL1992@GMAIL.COM, cn=SHAH KRISA KAIRAV Date: 2026.02.10 16:59:46 +05'30'

Krisa Shah Company Secretary & Compliance Officer Place: Ahmedabad

78,

C RINKESH SHAH & CO. CHARTERED ACCOUN TANTS

Independent Auditor's review report on Unaudited Quarterly and Year to Date Unaudited Standalone Financial Results of the company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Review Report to the Board of Directors of Dev Information Technology Limited

• 1 We have reviewed the accompanying statement of unaudited standalone financial results of Dev Information Technology Limited ("the company") for the Quarter ended December 31, 2025 and Year to date results for the perlod April 01, 2025 to December 31, 2025 ("the Statement"), being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").
• 2 This statement, which is the responsibility of the Company's management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "interim Financial Reporting" ("Iind AS 34") prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. ur responsibility is to express a conclusion on these financial statements based on our review.
• 3 We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, "Review of interim Financial information Performed by the independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perforrm the review to obtain moderate assurance as to whether the statement is free of material misstatement. A review of interim financial information consists of making inquiries primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of ll significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
• 4 Attention is drawn to Note No. 8 to the Statement, regarding the assessment of impact on financials of the Company on applicability of newly enacted labour codes by the Central Government effective November 21, 2025.

Qur conclusion is not modified in respect of this matter.

5 Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the relevant Indian Accounting Standards ("ind AS"), as prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not discosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement.

For, RINKESH SHAH & Co. Chartered Accountants FRN. 129690W

CA RINKESH SHAH Partner Membership No. 131783 UDIN: 26131783BMHPYVW5361

Place: Ahmedabad Date: February 10, 2026

Ahmedabad : 701, 702, 703, Suyojan Tower, President Hotel Lane, Off C.G. Road, Ahmedabad, India - 380009 Mumbai : 105, 1st Floor, Shree Samarth Plaza, Near Ganatra Hospital, Mulund West, Mumbai, India - 400080

E: info@rinkeshshahandco.com W:www.rinkeshshahandco.com

Registered Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, DEV INFORMATION TECHNOLOGY LIMITED

Thaltej - Shilaj Road, Thaltej, Ahmedabad -380059

Website:-www.devitpl.com Email:- cs@devitpl.com , M:-+919429899852

				NINE MONTHS ENDED		(Rs. In Lakhs except EPS) YEAR ENDED
		QUARTER ENDED		31/12/2025	31/12/2024	31/03/2025
Particulars	31/12/2025	30/09/2025	31/12/2024	(Unaudited)	(Unaudited)	(Audited)
	(Unaudited)	(Unaudited)	(Unaudited)	11,604.87	10,466.43	15,062.94
Revenue from operations	3,603.21	4,453.98	4,245.02	121.33	1.247.49	1,269.39
Other Income	46.96	53.18	39.87		11,713.92	16,332.33
I Total Income (l+1)	3,650.17	4,507.16	4,284.89	11,726.20
IVExpenses			1.869.17	5.402.94	3.598.50	6,157.38
(a)Cost of Software and Services	1,790.03	2,359.38		92.42	75.25	(85.02)
(b)Changes in inventories of finished goods and stock-in-trade	76.06	17.32	3.15
(c) Employee Benefits Expenses	2.166.77	1.665.92	1,901.23	5,696.42	5,633.73	7,446.06
	44.75	57.63	41.60	143.88	121.02	164.02
(d) Finance Costs (e)Depreciation and amortization expenses	66.53	51.53	57.19	164.13	170.10	220.29
	142.36	135.06	139.15	402.55	359.28	556.26
()Other expenses	4,286.50	4,286.84	4,011.49	11,902.34	9,957.88	14,458.99
Total expenses (IV) Profit before exceptional items and tax (ll-IV)	(636.33)	220.32	273.40	(176.14)	1,756.04	1,873.34
VI Exceptional Items (refer note no. 6)		9,236.13		9,236.13
VII Profit Before Tax (V - VI)	(636.33)	9,456.45	273.40	9,059.99	1,756.04	1,873.34
VIII Tax expense:		54.02	86.62	119.32	337.62	383.92
a) Current Tax	10.80	2,332.99	(7.66)	2,343.12	(21.46)	(37.58)
b) Deferred Tax Liability / (Assets) c) Adjustment of tax for Earlier Years			(15.05)		(15.05)	(15.04)
	10.80	2,387.01	63.91	2,462.44	301.11	331.30
Total Tax Expenses (VIlI)		7,069.44	209.49	6,597.55	1,454.93	1,542.04
IX Profit for the period (VI -VIll) Other Comprehensive Income (net of taxes)	(647.13)
Items that will be reclassified to profit or loss
Tax effect on above items i) Items that will not be reclassified to profit or loss
a) Remeasurements of the defined benefit plans	. (1.47)	(1.47)	(4.51)	(4.41)	(13.52)	(5.89)
b) Changes in Fair Value of Investments	(1,535.01)	(1,790.60)		(3,325.61)		(5.63)
Income tax relating to items that will not be reclassified to	386.70	451.03	1.13	838.10	3.40	2.90
profit or loss XTotal Other comprehensive income/(loss) for the period	(1,149.78)	(1,341.04)	(3.38)	(2,491.92)	(10.12)	(8.62)
XI Total comprehensive income for the period (IX + X)	(1,796.91)	5,728.40	206.11	4,105.63	1,444.81	1.533.42
XII Paid up equity share capital (face value of Rs. 2 per share)	1,126.70	1,126.70	1,126.70	1,126.70	1,126.70	1,126.70
XIlI Other equity excluding Revaluation Reserve						5,973.95
XIV Earnings per share (of Rs. 2/- each) (not annualised):
Basic	(1.15)	12.55	0.37	11.71	2.59	2.74
Diluted	(1.27)	12.54	0.38	11.58	2.59	2.74

For, Rinkesh Shah & Co. As per our report of even date attached. Chartered Accountants Firm Regn. No. 129690W

Partner CA Rinkesh Shah Membership No. 131783

Place: Ahmedabad Date: February 10, 2026 For, Dev Information Technology Limited.

Prerak Shah (DIN : 02805369) Director

Pranav Pandya (DIN :00021744) Chairman

Harshil Shah

Chief Financial Officer Place: Ahmedabad Date: February 10, 2026

Company Secretary

RINKESH SHAH & CO. Piesslelb JINITIALED FOR IDENTIFICATION

Notes:

• 1 The above unaudited standalone financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company in their respective meeting held on February 10, 2026. The limited review as required under Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 has been completed the company. the statutory auditors of
• 2 The unaudited standalone financial results for the Quarter and Nine Months ended December 31, 2025 have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.
• 3 The Company operates in a single segment and in line with Ind AS - 108 - "Operating Segments", the operations of the Company fall under "IT& IT Enabled Services" which is considered to be the only reportable business segment.
• 4 The Board of Directors of the Company at their meeting held on November 25, 2024 have approved the sub-division of each equity share having a face value of Rs. 5(five) each, fully paid-up, into equity shares having a face value of Rs. 2(two) each. On December 20, 2024 the approval the shareholders of the Company was obtained at the Extra Ordinary General Meeting through a ballot paper and electronic voting means with a requisite majority. The company had fixed August 21, 2025 as the record date for the purpose of Sub-Division / Split of Equity Shares. Accordingly, the Basic and Diluted Earnings Per Share (EPS) for the current quarter and financial year ended March 31, 2025 along with the prior periods standalone and the consolidated financial statements have been retrospectively adjusted to reflect the effect of the Sub-Division/ Split, in accordance with the applicable Ind AS.
• 5 The Board of Directors of the Company at its meeting held on October 18, 2025, has approved the allotment of 1,50,00,000 Convertible warrants convertible into 1,50,00,000 Equity Shares having face value of Rs. 2/- each, at a Premium of Rs. 43.45 per equity share (Total Rs. 45.45 per equity share), aggregating to Rs. 6817.5 Lakhs by way of a preferential allotment on a private placement basis to Aeroflex Enterprises Limited, the shareholders of the Company at the Extra-Ordinary General Meeting held on November 18, 2025, approved the allotment. The Board of Directors at its meeting held on December 26, 2025 has, in the overall interests of the Company and its stakeholders, decided not to proceed with the Proposed Preferential Issue and to withdraw the same.
• 6 Dev Accelerator Limited, associate entity of the company has successfuly completed inital public offering of its equity shares via a fresh issue and got listed on the Indian Stock Exchanges on September 17, 2025. Pursuant to the listing, the effective holding of the company in the associate has reduced to 16.19%. Dev Accelerator Limited has ceased to be an Associate effective September 17, 2025 and hence has been reclassified as financial asset which will be fair valued at each reporting date in accordance with Ind AS 109. Accordingly, unrealised mark to market gain of Rs. 9,236.13 lakhs till the date of termination has been credited to Statement of Profit and Loss and considered as an exceptional item. Unrealised loss of Rs. 3325.61 lakhs from the date of termination till the nine months ended December 31, 2025 has been included in Other Comprehensive Income in accordance with one time irrevocable option available under Ind AS.
• 7 The Unaudited standalone figures for the quarter ended December 31, 2025 are the balancing figures between the unaudited figures for the nine months ended period up to December 31, 2025 and the published unaudited figures in respect of the half year ended period up to September 30, 2025 which were subjected to limited review.
• 8 The Government of India has notified the implementation of four new Labour Codes by consolidating and rationalizing 29 existing labour laws. The New Labour Codes have been made effective from November 21, 2025. The Company is in the process of assessing the impact of the New Labour Codes on its financial statements. Based on the assessment carried out to date, management does not expect the implementation of the New Labour Codes to have a material impact on the financial position, performance or cash flows of the Company. The company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on all the aspects of the Code and would provide appropriate accounting effect, if any, on the basis of such developments as needed.
• The figures of previous quarters / year are reclassified, regrouped and rearranged wherever necessary so as to make them comparable with current period's figures.

Place : Ahmedabad Date: February 10, 2026 For, Dev Information Technology Limited.

Pranav Pandya/ (DIN : 00021744) Chairman

Prerak Shah (DIN : 02805369) Director

khdl

Harshil Shah Chief Financial Officer

Company Secretary

RINKESH SHAH & CO. CHARTERED ACCOUNTANT S

Independent Auditor's review report on Quarterly and Year to Date Unaudited Consolidated Financial Results of the company Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To The Board of Directors of Dev Information Technology Limited

• 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Dev Information Technology Limited (the "Holding Company") and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group") for the quarter ended December 31, 2025 and Year to Date from April 01, 2025 to December 31, 2025 (the "Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015, as amended (the "Listing Regulations").
• 2 This Statement, which is the responsibility of the Holding Company's Management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting "Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review.
• 3 We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of lnterim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, as amended, to the extent applicable.

4 2025. Attention is drawn to Note No. 8 to the Statement, regarding the assessment of impact on financials of the Company on applicability of newiy enacted labour codes by the Central Government effective November 21,

Our conclusion on the Statement is not modified in respect of this matter.

Sr. No.	Type of Holding	Name
1	Domestic Subsidiary Company	Dhyey Consulting Services Private Limited
2	Domestic Subsidiary Company	Minddefft Technologies Private Limited
	Foreign Subsidiary Company	Dev Info-Tech North America Limited
	Foreign Step-down Subsidiary Company	Dynamics Stars LLC
	Associate Company	Dev Accelerator Limited (Upto September 17, 2025)

1. The Statement includes the results of the following entities:

Page 1 of 2

W:www.rinkeshshahandeco.com

Mumbai ERN: 129690W Ahmedabad :701, 702, 703, Suyojan Tower, Presiotel J : 105, 1st Floor, Shree Samarth Plaza, rr C.G. Road, Ahmedabad, India - 380009 AoGAlospital, Mulund West, Mumbai, India -400080

E: info@rinkeshshahandco.com

• 6 Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the Ind As 34, prescribed under section 133 of the Act and other accounting principles generally accepted in India, has not discl osed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.
• 1. We did not review the interim financial information of Four (4) subsidiaries included in the consolidated financial statements. The Statement includes the interim financial result and other financial information in respect ofi
• •Two (2) Indian subsidiaries, whose financial statements includes total revenues of Rs. 549.10 lakhs and Rs. 1,701.38 lakhs, total net loss after tax of Rs. (36.82) lakhs and Rs. (31.28) lakhs and total comprehensive income of Rs. (35.77) lakhs and Rs. (28.10) lakhs for the quarter ended December 31, 2025 and nine months ended December 31, 2025 respectively as considered in the statement whose interim financial information/financial results have been not been reviewed by its auditor.
• Two (2) Foreign subsidiaries, whose financial statements includes total revenues of Rs. 301.06 lakhs and Rs. 1,112.08 lakhs, total net loss after tax of Rs. (57.93) lakhs and Rs. (20.85) lakhs and total comprehensive income of Rs. (57.83) lakhs and Rs. (15.60) lakhs for the quarter ended December 31, 2025 and nine months ended December 31, 2025 as considered in the statement whose interim financial information/financial results have been not been reviewed by its auditor. The Company's management has converted the financial statements of both subsidiaries located outside India from the accounting principles generally accepted in their respective countries to the acounting principles generally accepted in India.

According to the information and explanations given to us by the Holding Company's Management, this interim financial information is not material to the Group.

Our conclusion on the Statement in respect of matters stated above is not modified with respect to our reliance on the financial results certified by the management.

For, RINKESH SHAH & Co. Chartered Accountants FRN. 129 690W

CA RINKESH SHAH Partner Membership No. 131783 UDIN:261317830HIRHJ4439

Place: Ahmedabad Date: February 10, 2026

DEV INFORMATION TECHNOLOGY LIMITED

Registered Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Website:-www.devitpl.com Email:- cs@devitpl.com , M:- +91 9429899852

Thaltej - Shilaj Road, Thaltej, Ahmedabad - 380059

		Statemnent of Unaudited Consolidated Financlal Results for the Quarter and Nine months ended December 31, 2025						(Rs. In Lakhs Except EPS)
			QUARTER ENDED			NINE MONTHS ENDED		YEAR ENDED
			12/31/2025	9/30/2025	12/31/2024	12/31/2025	12/31/2024	3/31/2025
		Particulars	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited) 17,066.38
		Revenue from operations	4,414.40	4,850.64	4,771.17	13,563.56	11,911.07
			71.70	67.31	43.85	186.40	1,301.44	1,324.51
		other lncome	4,486.10	4,917.95	4,815.02	13,749.96	13,212.51	8,390.89
		Total Income (I+ 1)
IV	Expenses	(a) Cost of Software and Services	2.196.93	2,434.67	2,136.10	6,324.62	4,035.25	6,720.53
		(b) Purchase of stock in trade
		(c) Changes in inventories of finished goods and stock	76.37	16.63	3.15	76.01	75.25	(96.96)
		in-trade (d) Employee Benefits Expenses	2,452.14	1,882.06	2,115.22	6,376.01	6.442.06	8.530.54
		(e) Finance Costs	53.56	71.02	51.36	178.26	201.88	259.91
		(f) Depreciation and amortization expenses	107.94	84.06	70.32	263.30	224.97	303.94 864.99
		(g) Other expenses	325.90	203.07	216.50	754.03	586.96	16,582.95
		Total expenses (1V)	5,212.84	4,691.51	4,592.65	13,972.23	11,566.37	1,807.94
V		Profit before exceptional items and tax (l -IV)	(726.74)	226.44	222.37	(222.27)	1,646.14
		VIExceptional Items (refer note no. 9)		9,354.64		9,354.64
		VII Profit Before Tax (V - VI)	(726.74)	9,581.08	222.37	9,132.37	1,646.14	1,807.94
		VIII Tax expense					337.62	413.66
		a) Current Tax		61.95	82.72	137.37	(32.30)	(59.87)
		b) Deferred Tax Liability/ (Assets)	10.66	2,331.47	(18.31)	2,326.57		(23.82)
		c) Adjustment of tax for Earlier Years	4 51		(23.70)	4.51	(23.70) 281.62	329.97
		Total Tax Expenses (V)	15.17	2,393.42	40.71	2,468.45	1,364.52	1,477.97
IX		Profit for the period (VII-VI)	(741.91)	7,187.66	181.66	6,663.92
		Other Comprehensive Income (net of taxes)		1 97		5.25	(0.74)	(1.42)
		Items that will be reclassified to profit or loss	0.11		(1.51)
		Tax effect on above items
		ii)Items that will not be reclassified to profit or loss					(14.31)	(0.22)
		(a)Remeasurements of the defined benefit plans	(0.05)	(0.05)	(4.45)	(0.16)		(5.63)
		(b)Changes in Fair Value of Investment	(1,535.01)	(1,790.60)		(3,325.61)
		Income tax relating to items that will not be Ireclassified to profit or loss	386.34	450.68	1.12	837.03	3.60 (11.45)	1.47 (5.80)
		XTotal Other comprehensive income/(loss) for the period	(1,148.61)	(1,338.00) 5,849.66	(4.84) 176.82	(2,483.49) 4,180.43	1,353.07	1,472.17
		XI Total comprehensive income for the period ( X + X)	(1,390.52)
		XII Profit for the period attributable to:	(726.62)	7,185.12	172.67	6,669.23	1,364.82	1,487.29
		Owners of the Company	(15.29)	2.54	8.99	(5.31)	(0.30)	(9.32)
		Non controlling interest Other Comprehensive Income (Net of Tax) for the period
		XIII attributable to:
		Owners of the Company	(1,148.58)	(1,338.38)	(4.93)	(2,484.64)	(11.49)	(5.70)
			(0.03)	0.38	0.09	1.15	0.04	(0.10)
		Non controlling interest Total Comprehensive Income (Net of Tax) for the period
		XIV attributable to:
		Owners of the Company	(1,875.21)	5,846.75	167.74	4,184.59	1,353.33	1,481.87
		Non controlling interest	(15.31)	2.91	9.08	(4.16)	(0.26)	(9.70)
	share)	XV Paid up equity share capital (face value of Rs. 2 per	1,126.70	1,126.70	1,126.70	1,126.70	1,126.70	1,126.7o
		XVI Other equity excluding Revaluation Reserve						5.735.46
		XVIIEarnings per share (of Rs. 2/- each) (not annualised):
	Basic		(1.30)	12.75	0.31	11.83	2.43	2.64
	Diluted		(1.43)	12.75	0.32	11.69	2.43	2.64

For, Rinkesh Shah & Co. Chartered Accountants Firm Regn. No. 129690W As per our report of even date attached.

Partner CA Rinkesh Shah Membership No. 131783

Place: Ahmedabad Date: February 10, 2026 For, Dev Information Technology Limited.

Pranav Pandya, (DIN: 00021744)

Harshil Shah Chlef Financial Officer

Place: Ahmedabad Date: February 10, 2026

Prerak Shah (DIN : 028O5369)

Director Krisa Shah

Company Secretary

BY RINKESH SHAH & CO. INITIALED FOR IDENTIFICATION)

NOTES :

• 1. The above unaudited consolidated financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company in their respective meeting held on February 10, 2026. The limited review as required under Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 has been completed by the statutory auditors of the company.
• 1. The unaudited consolidated financial statement includes financial results of the following entities:

Sr. No.	Type of Holding	Name
1	Domestic Subsidiary Company	Dhyey Consulting Services Private Limited
2	Domestic Subsidiary Company	Minddefft Technologies Private Limited
3	Foreign Subsidiary Company	Dev Info-Tech North America Limited
	Foreign Step-down Subsidiary	Dynamics Stars LLC
5	Company Associate Company	Dev Accelerator Limited (Upto September 17, 2025)

• 1. The Unaudited consolidated financial results for the Quarter and Nine months ended December 31, 2025 have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.
• 1. The Unaudited Consolidated financial results for the Quarter and Nine months ended December 31, 2025 are prepared in accordance with principles and procedures as set out in the Ind AS 110 "Consolidated Financial Statements" prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder.
• 1. The group operatesin a single segment and in line with Ind AS 108 "Operating Segments", the operation of the group fall under "IT & IT enabled Services" business which is considered to be the only reportable business segment.
• 1. The Unaudited Consolidated figures for the quarter ended December 31, 2025 are the balancing figures between the Unaudited figures for the Nine Months ended period up to December 31, 2025 and the published unaudited figures in respect of the half year ended period up to September 30, 2025 which were subjected to limited Review.
• 1. The Board of Directors of the Holding Company at their meeting held on November 25, 2024 have approved the sub-division of each equity share having a face value of Rs. 5(five) each, fully paid-up, into equity shares having a face value of Rs. 2(two) each. On December 20, 2024 the approval of the shareholders of the Holding Company was obtained at the Extra Ordinary General Meeting through a balot paper and electronic

voting means with a requisite majority. The Holding company had fixed August 21, 2025 as the record date for the purpose of Sub-Division / Split of Equity Shares. Accordingly, the Basic and Diluted Earnings Per Share (EPS) for the current quarter and financial year ended March 31, 2025 along with the prior periods standalone and the consolidated financial statements have been retrospectively adjusted to reflect the effect of the Sub-Division/ Split, in accordance with the applicable Ind AS.

• 1. The Board of Directors of the Holding Company at its meeting held on October 18, 2025, has approved the allotment of 1,50,00,000 Convertible warrants convertible into 1,50,00,000 Equity Shares having face value of Rs. 2/- each, at a Premium of Rs. 43.45 per equity share (Total Rs. 45.45 per equity share), aggregating to Rs. 6817.5 Lakhs by way of a preferential allotment on a private placement basis to Aeroflex Enterprises Limited, the shareholders of the Company at the Extra-Ordinary General Meeting held on November 18, 2025, approved the allotment. The Board of Directors at its meeting held on December 26, 2025 has, in the overall interests of the Holding Company and its stakeholders, decided not to proceed with the Proposed Preferential Issue and to withdraw the same.
• 1. Dev Accelerator Limited, associate entity of the company has successfully completed initial public offering of its equity shares via a fresh issue and got listed on the Indian Stock Exchanges on September 17, 2025. Pursuant to the listing, the effective holding of the company in the associate has reduced to 16.19%. Dev Accelerator Limited has ceased to be an Associate effective September 17, 2025 and hence has been reclassified as financial asset which will be fair valued at each reporting date in accordance with Ind AS 109. Accordingly, unrealised mark to market gain of Rs. 9354.64 lakhs till the date of termination has been credited to Statement of Profit and Loss and considered as an exceptional item. Unrealised loss of Rs. 3325.61 lakhs from the date of termination till the nine months ended December 31, 2025 has been included in Other Comprehensive Income in accordance with one time irrevocable option available under Ind AS.
• 10.The Government of India has notified the implementation of four new Labour Codes by consolidating and rationalizing 29 existing labour laws. The New Labour Codes have been made effective from November 21, 2025.

The Group is in the process of assessing the impact of the New Labour Codes on its financial statements. Based on the assessment carried out to date, management does not expect the implementation of the New Labour Codes to have a material impact on the financial position, performance or cash flows of the Group. The group continues to monitor the finalisation of Central / State Rules and clarifications from the Government on all the aspects of the Code and would provide appropriate accounting effect, if any, on the basis of such developments as needed.

11.The figures of previous quarters / year are reclassified, regrouped and rearranged wherever necessary so as to make them comparable with current period's figures.

For, Dev Information Technology Limited

Pranav Pandýa DIN: 00021744 Chairman

Harshil Shah CFO

Prerak Shah DIN: 02805369 Director

Krisa Shah

Place; Ahmedabad Date: February 10,2026

Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479

Annexure-II

Particulars	Details
Name of the target entity, details in brief	i. Name of the Target Entity: M/s. Scaleax
such as size, turnover etc.	Advisory Private Limited (Scaleax)
	ii. Business of the Target Entity: M/s Scaleax Advisory Private Limited specializes in management consultancy, corporate finance, and regulatory advisory services. It provides comprehensive Global Capability Centre (GCC) advisory to global corporations and MNCs, helping them set up, manage, and scale high-performing GCCs and GICs in India that deliver cost-effective, innovative, and value-driven solutions across critical business functions
Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same	iii. Financial details: As the company is recently incorporated, its financial statements for FY 2024-25 reflect NIL turnover, with total paid-up share capital of Rs. 10,00,000 divided into 1,00,000 equity shares of Rs. 10 each. Yes, the equity shares will be acquired from M/s. Dev Accelerator Limited (group company) and the proposed transaction will be executed at the price arrived as per the Valuation report obtained from Independent Valuer, hence the transaction is at arms' length.
is done at "arm's length" Industry to which the entity being acquired belongs	Management Consulting Services industry (Management consultancy activities), with a specialization in corporate finance advisory and Global Capability Centre (GCC)/GIC setup and management services
objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity);	DevIT's main objective behind the acquisition of shares in Scaleax Advisory Private Limited is to bolster end-to-end Global Capability Centre (GCC) solutions by leveraging Scaleax's expertise in seamlessly establishing, managing, and scaling fully owned GCCs and captives in India. This includes comprehensive support across talent acquisition, infrastructure, finance, HR, operations, payroll, and cutting-edge technology solutions like AI proof-of-concepts, custom software, product design, and business intelligence—enabling DevIT to combine local insights with global

Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479

	best practices for enhanced operational
	success and innovation.
Brief details of any governmental or	N.A.
regulatory approvals required for the
acquisition
Nature of consideration - whether cash	Cash consideration by way of acquisition of
consideration or share swap and details of	Equity Shares.
the same;
Cost of acquisition or the price at which	Cost of acquisition for 19,000 equity shares is
the shares are acquired	Rs. 10/- per equity share aggregating to Rs.
Percentage of shareholding / control	1,90,000/-. The Company will acquire 19,000 equity
acquired and / or number of shares	shares of Scaleax. Post to this acquisition, the
acquired	Company's shareholding will be 19% in
	Scaleax Advisory Private Limited.
Brief background about the entity acquired	M/s Scaleax Advisory Private Limited
in terms of products/line of business	specializes in management consultancy,
acquired, date of incorporation, history of	corporate finance, and regulatory advisory
last 3 years turnover, country in which the	services. It provides comprehensive Global
acquired entity has presence and any other	Capability Centre (GCC) advisory to global
significant information (in brief)	corporations and MNCs, helping them set
	up, manage, and scale high-performing
	GCCs and GICs in India that deliver cost effective, innovative, and value-driven
	solutions across critical business functions.
	The company is registered under the
	Companies Act, 2013 having CIN No.
	U70200GJ2024PTC149245, incorporated on
	03/03/2024. Its authorized capital, is INR
	10,00,000 divided into 1,00,000 shares of Rs
	10 each & the issued, subscribed & paid-up
	capital is INR 10,00,000 divided into 1,00,000
	shares of 10 each.
	During last three financial years, the details of
	turnover of Scaleax were as follows:
	FY 2024-25 Rs. NIL FY 2023-24: NIL
	FY 2022-23: N.A.

Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479

Annexure-III

Particulars		Details
Approval for Variation in Terms of Preference Shares.	Redemption	Pursuant to the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held on February 10, 2026, has approved the variation in the terms of the redemption clause of 35,77,519 (Thirty-Five Lakh Seventy-Seven Thousand Five Hundred Nineteen) 0.01% Non-Convertible, Non Cumulative, Non-Participating, Redeemable Preference Shares of Rs. 10/- (Rupees Ten) each, held by and issued to our Corporate Promoter and Preference Shareholder, by extending the tenure of the said preference shares for a further period of five (5) years beyond the maturity date, i.e., March 26, 2026. All other terms and conditions of the preference shares shall remain unchanged, except for the redemption clause, which shall now read as under: "10 years from the date of issue of the preference shares, i.e., from March 26, 2021 to March 26, 2031."