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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.

The…

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