DevX Q2: Profit Zooms To ₹5.5 Cr, Revenue Surges 55% YoY
by Team Inc42 · Inc42SUMMARY
- Operating revenue also jumped 54.8% to ₹80.2 Cr in the quarter under review compared to ₹51.8 Cr in Q2 FY26
- Nevertheless, expenses continued to bite and surged nearly 43% to ₹75.6 Cr in the quarter ended September 2026 compared to ₹52.8 Cr in Q2 FY26
- Separately, the company’s board also approved a proposal to raise ₹300 Cr via issuance of non-convertible debentures to certain investors on a private placement basis