DEV IT Secures ₹1.48 Crore Contract from Rajya Sabha Secretariat.

DEV Information Technology Limited has secured a ₹1.48 crore contract from the Rajya Sabha Secretariat to develop application software and a website, the company announced on February 21, 2025. The project, spanning approximately nine months, includes design, development, implementation, and maintenance services.

Strategic Expansion in E-Governance

The Ahmedabad-based IT firm won the contract amid strong competition from multiple companies empanelled under the National Informatics Centre (NIC) in Delhi. Pranav Pandya, Founder & Chairman of DEV IT, stated that this project will enhance the company’s presence in the e-governance sector and open doors for future government collaborations.

Company Profile & Financial Performance

Established in 1997 and listed on NSE and BSE, DEV IT offers a range of IT services, including cloud solutions, digital transformation, enterprise applications, and managed IT services. The company operates across multiple locations in India and Canada.

In FY24, DEV IT reported:

• Revenue: ₹165.12 crore


• EBITDA: ₹15.31 crore


• PAT: ₹9.48 crore

The firm holds ISO 20000, ISO 27001, ISO 9001, and CMMi Level 3 certifications, reflecting its strong credentials in IT service delivery. From a small-scale business automation provider, DEV IT has evolved into a global IT solutions company, with a growing footprint in government and enterprise IT projects.

HBL