5445132025-07-012025-09-305445132025-09-305445132025-03-315445132025-04-012025-09-305445132025-07-012025-09-30in-capmkt:OtherExpenses1Member5445132025-04-012025-09-30in-capmkt:OtherExpenses1Member5445132025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15445132025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares544513DEVXNOTLISTEDINE0VOV01021DEV ACCELERATOR LIMITEDMain BoardEquity2025-04-012026-03-312025-11-112025-11-05INRLakhsQuarterlySecond quarterSingle segmentDeveloping and licensing fully serviced office spaces, IT/ITES services and payroll management services, design and fitout services and related ancillary services2025-11-1117:15:002025-11-1117:53:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated518366000264680005448340001208120000051497000126415000147952000817920005284680001636600061200016978000-23990001845000-55400001753200000001753200025320002006400017650000-11800020182000-11800018037500020.260.26000.260.261. The above consolidated unaudited financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company in their respective meeting held on November 11, 2025. The limited review as required under Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 has been completed by the statutory auditors of the company. <BR> <BR> 2. The unaudited consolidated financial statement includes financial results of the following entities: <BR> Sr. No. Type of Holding Name <BR> 1 Subsidiary Neddle and Thread Designs LLP <BR> 2 Subsidiary Company Saasjoy Solutions Private Limited <BR> 3 Associate Company Janak Urja Private Limited <BR> 4 Associate Finclave Accel LLP <BR> 5 Associate Swadesh Venture Fund LLP <BR> 6 Associate Fractoprop LLP (ceased w.e.f. May 05, 2025) <BR> 7 Associate Company Scaleax Advisory Private Limited <BR> <BR> 3. The unaudited consolidated financial results for the half year ended September 30, 2025 are prepared in accordance with principles and procedures as set out in the Ind AS 110 "Consolidated Financial Statements" prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder. <BR> <BR> 4. The company operates in a single segment and in line with Ind AS - 108 - “Operating Segments”, the operation of the group fall under “Renting and provision of Co-working spaces” business which is considered to be the only reportable business segment. <BR> <BR> 5. The figures for the six months ended September 2024 have been extracted from the Company's audited special purpose consolidated interim financial statements for the six months ended September 30, 2024. Further, the figures for the quarter ended September 30, 2024, are the balancing amounts, between the audited special purpose consolidated interim financial statements for the six months ended September 30, 2024 and the unaudited consolidated financial results for the quarter ended June 30, 2024. The Unaudited consolidated Financial Results for the quarter ended September 30, 2024 have not been subjected to limited review or audit. <BR> <BR> 6. The Company has completed the Initial Public Offer ('IPO') of 2,35,00,000 equity shares of face value of Rs.2 each at an issue price of Rs.61 per equity share (including share premium of Rs. 59 per equity share), The equity shares of the Company were listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on September 17, 2025. The utilisation of IPO proceeds from fresh issue of Rs. 12,738.00 lakhs (net off Issue expenses of Rs. 1597.00 lakhs in relation to fresh issue of shares) is summarised below: <BR> (Rs. in lakhs) <BR> Particulars Amount to be utilised as per prospectus Amount utilised upto September 30, 2025 Amount unutilised as at September 30, 2025 <BR> Capex for fitout in proposed centres 7,312.00 770.70 6,541.30 <BR> Repayment / Prepayment of certain borrowings 3,500.00 2,858.46 641.54 <BR> General Corporate Purposes 1,926.00 1,926.00 - <BR> TOTAL 12,738.00 5,555.16 7182.84* <BR> <BR> # The utilisation of IPO proceeds has been certified by an Independent Chartered Accountant <BR> * The IPO proceeds which were unutilised as on September 30, 2025 are parked in Public Monitoring account, Public issue account and fixed deposit from monitoring account <BR> <BR> 7. The figures of previous quarters / year are reclassified, regrouped and rearranged wherever necessary so as to make them comparable with current period's figures. <BR> 2025-04-012025-09-30UnauditedConsolidated107465000039598000111424800028885100000978630002490410002930270001597300001088512000257360007090002644500036210003893000751400001893100000001893100017320002066300018982000-5100020714000-5100018037500020.280.28000.280.28Other Expenses81792000Other Expenses15973000029129080001392750000453000376750001668000005347060000408969000444510000138818500013730500069553000468702200000480692000416294000005566000902552000160737000626886000169017500000637719700021615000016089840001825134000287000182542100024603830000005712530003031636000479500000030364310007744850007267100056247700063514800001409633000102411000330100000151534500000455177600063771970002521750000-572060000-385990000-1195630000002411230000-4271500002930270000-33340003727000011753300000235640000-38240000-73650000-789000-709000262526000288971000000413500002848360000000000002337260001300000000000000000000002356400000-20886200000143350200000000044013000336383000074641900000306687000382661000038266100033633000416294000Amount of items that will not be reclassified to profit and loss33840003384000Amount of items that will not be reclassified to profit and loss231500023150008520005830000025320001732000