Dev Information Technology Limited has announced that it has been awarded a significant work order valued at approximately INR 5.15 Crore from the National Informatics Centre Services Incorporated (NICSI). The contract involves the development and implementation of IFMS 3.0 Web and Mobile Applications for the Directorate of Treasuries and Accounts, Government of Rajasthan, Jaipur.
The project encompasses the deployment of critical Finance Department software modules, including Pension Management, Employee Management, Works & Accounts Management, Salary Management, and Grant-in-Aid components. Categorized as a fixed-cost domestic contract, the project is scheduled to be executed within a time period of approximately 6 months. The awarding entity is a domestic state undertaking, and the company has confirmed that the order does not fall under related party transactions.
Dev Information Technology Limited is an established information technology solutions and services provider specializing in cloud services, managed IT, digital transformation, and enterprise applications. During 2025, the company focused extensively on expanding its e-governance portfolio, securing various government contracts, and enhancing its enterprise-grade cloud capabilities. Recent updates highlight robust order inflows and continuous execution of high-impact public sector digital infrastructure projects across multiple states.
For the latest announced quarterly financial results (Q4 FY 2025-26), the company reported a total income of INR 56.00 Crores, alongside a net profit of INR 8.96 Crores. Annual metrics indicate steady performance with revenue reaching around INR 163.32 Crores and net profit growing robustly to INR 15.42 Crores. Promoters hold a significant stake of approximately 41.58% in the company as of the recent shareholding disclosures.
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