IPO-Bound DevX Sees Profit Surge 3.9X In FY25

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SUMMARY

Dev Accelerator (DevX) reported its net profit rising 286% to INR 1.7 Cr in the year ended March 2025 (FY25) from INR 44 Lakh in FY24

The company’s operating revenue rose 47% to INR 158.8 Cr during the year under review from INR 108 Cr in FY24

Total expenses grew 46.5% to INR 175.1 Cr in FY25 from INR 119.5 Cr in the previous fiscal year

IPO-bound coworking space provider Dev Accelerator (DevX) reported its net profit rising 286% to INR 1.7 Cr in the year ended March 2025 (FY25) from INR 44 Lakh in FY24.

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IPO-Bound DevX Sees Profit Surge 3.9X In FY25


SUMMARY

Dev Accelerator (DevX) reported its net profit rising 286% to INR 1.7 Cr in the year ended March 2025 (FY25) from INR 44 Lakh in FY24

The company’s operating revenue rose 47% to INR 158.8 Cr during the year under review from INR 108 Cr in FY24

Total expenses grew 46.5% to INR 175.1 Cr in FY25 from INR 119.5 Cr in the previous fiscal year

IPO-bound coworking space provider Dev Accelerator (DevX) reported its net profit rising 286% to INR 1.7 Cr in the year ended March 2025 (FY25) from INR 44 Lakh in FY24.

The…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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