Hi Rahul_THD, my suggestion is that you create an Idea in the forum so the product team (and other members here) can consider and vote on various options to support a feature like this.
In addition to Excel formulas, would you need a facility to execute VBA macros as well?
As an aside...
Keep in mind that DevTest is often installed on server environments where no MS Office components reside. DevTest consumes Excel documents as if they represent "raw" data not Excel documents. It is one thing to open an Excel document and iterate over its content. It is another thing to open an Excel document and cause it to execute formulas and macros without having access to the underlying MS Excel "engine" / code. Your issue seems to stem from the latter in that you need Excel to "execute" a command whose actual execution and results are generated by the "internal" MS Excel software. I am not even sure that COM Interop between DevTest and Excel would work if MS Office (Excel) is not installed the OS platforms that DevTest supports. Further, executing VBAs macro without invoking Excel introduces even greater complexity.