- Persistent Systems shares rise over 4% after Q2 profit grows 20% YoY
The company's consolidated revenue for the quarter under review came at Rs 2411.67 crore, a rise of 17.7% ...More
The company's consolidated revenue for the quarter under review came at Rs 2411.67 crore, a rise of 17.7% YoY, and a 3.9% gain sequentially. While, the dollar revenue came at $291.71 million, a 14.1% increase as compared to the year-ago period. ...Less

- Persistent Systems is banking on deal wins to sustain growth momentum
Persistent Systems, a Pune-based mid-tier IT services firm, has clocked $225-300 million in average deal ...More
Persistent Systems, a Pune-based mid-tier IT services firm, has clocked $225-300 million in average deal wins over the past four quarters, a trend that CEO Sandeep Kalra says is likely to continue. ...Less

- Persistent Systems shares rally 6% after reporting 23% YoY jump in Q2 PAT
Shares of Persistent Systems rose by 5.7% following its Q2 results. The company reported a 23.4% increase ...More
Shares of Persistent Systems rose by 5.7% following its Q2 results. The company reported a 23.4% increase in profit after tax, reaching Rs 325 crore year-on-year. Revenue saw a 20% rise, standing at Rs 2,897.15 crore. The total expenses for the quarter also increased compared to the previous fiscal year. ...Less

- Persistent Systems Q2 results: PAT jumps 23% YoY to Rs 325 crore, revenue up by 20%
Persistent Systems reported a 23.4% jump in PAT to Rs 325 crore and a 20% YoY increase in revenue. The co ...More
Persistent Systems reported a 23.4% jump in PAT to Rs 325 crore and a 20% YoY increase in revenue. The company's revenue for the second quarter ended September 2024 stands at Rs 2,897.15 crore. Persistent Systems posted an EBITDA of Rs 480.73 crore for the reporting period, up by 18.7% YoY, while the EBITDA margin was reported at 16.6%. ...Less

- Strong order flow, margin improvement to support Persistent’s growth
Persistent Systems’ stock jumped 8% after reporting robust Q2 results, including sequential revenue growt ...More
Persistent Systems’ stock jumped 8% after reporting robust Q2 results, including sequential revenue growth, 16.3% operating margin, record $609.2 million order bookings, and a healthcare recovery driving FY26 growth. ...Less

- Q3 results today: ITC Hotels among 43 companies to report earnings on Tuesday
As many as 43 companies, including Persistent Systems and ITC Hotels, are set to announce their December ...More
As many as 43 companies, including Persistent Systems and ITC Hotels, are set to announce their December quarter earnings on Tuesday. Analysts anticipate growth for Persistent Systems driven by BFSI and healthcare, while AU Small Finance Bank is expected to see improved net interest margins and robust business growth. ...Less

- Persistent Systems shares plunge 7%, extending losses ahead of Q3 results
Persistent Systems' shares fell 7.6% ahead of Q3 FY25 results, extending a 19% decline from recent highs. ...More
Persistent Systems' shares fell 7.6% ahead of Q3 FY25 results, extending a 19% decline from recent highs. Brokerages expect strong growth, with a projected 23.8% increase in profit. Analyst sentiment is mixed, with a consensus target of Rs 5,965. ...Less
