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LTIMindtree former CFO Vinit Teredesai joins Persistent SystemsBorn out of the merger between L&T Infotech and Mindtree in November 2022, LTImindtree has seen several exits over the past year which the ...- Persistent to visit fewer campuses to hire freshers; aims to expand marginsOver the next three years, the company is also targeting to expand its operating profit margin by about 3 percentage points above the level...
- Persistent to hire less than 1,000 freshers in FY24 compared to 3,000 last fiscal: CFOPersistent Systems is looking to cut its fresher intake sharply in FY24, as the IT sector passes through some challenging times due to the ...
- Persistent hints at strong order pipeline amid short term slowdownMid-tier IT company Persistent Systems has seen its stock decline by over 6% since its Q2 earnings were released on 20 July. Lower order bo...
- Persistent Q4 Results: Net profit jumps 25%, expects H1 FY24 to be challengingIT company Persistent Systems reported a 25.1% YoY growth in net profit for Q4 2022-23 to INR 251.51 crore, while revenue in the reporting ...
- Good order book sees Persistent gain nearly 16% since Q3 resultsThe company reported a multi-quarter high order flow for the December quarter with total contract value (TCV) of $ 440.2 million compared w...
- Persistent reports sustained deal momentum in Q2Persistent’s revenue grew by 5.8% sequentially to $255.6 million in the second quarter of the current fiscal year, marking it to be the six...
- Analysts expect Persistent to sustain biz growth, raise FY23 EPS outlookThe stock's outperformance follows the company's sustained revenue momentum and improved operating margin, which has also prompted analysts...
- Persistent Systems targets to double revenues to $2 billion in four yearsCEO Sandeep Kalra said the company's quarterly revenues stood at $125 million three years ago, and the rate of doubling will take longer at...
- Persistent aims to cross $1 billion in revenue, may raise dividendsThe company expects to sustain margin amid early signs of steady attrition. In addition, investors may expect a higher dividend payout for ...
- Persistent shares may see traction on strong demand, rising marginThe revenue traction was intact in the September quarter as the company reported a double-digit year-on-year growth for the fourth quarter ...
- Persistent Q2 results: Profit up 58%, firm flags headwinds on supply sidePersistent Systems CEO Sandeep Kalra said demand has been moving very strong from all of its verticals that ensured a broad-based growth du...
- Persistent to hire 2,000 freshers in FY22; flags attrition concerns for IT industryThe Pune-based company had reported a 68 per cent growth in its June quarter net at Rs 151.2 crore late on Thursday. "We will be hiring 2,0...
- Persistent’s revenue outlook improves on digital offeringsIn line with bigger peers, Persistent showed a strong topline growth and margin improvement in the third quarter. Revenue grew by 7.4% sequ...
- Persistent Systems expects Q1 momentum to continueApart from the zero exposure to the stressed sectors, the company was also benefitted by focus on the digital solutions including cloud com...
- Persistent Systems March quarter net profit at Rs 84 croreFor the financial year 2019-20, the company reported a net profit of Rs 320.28 crore, down 3.4%.
- Persistent Systems June quarter net profit down 5.6%The company's headcount crossed the 10,000 mark this quarter with attrition at over 17%.
- Buy Persistent Systems, target Rs 815: Jay ThakkarBuy Persistent Systems Ltd. at a price target of Rs 815.0 and a stop loss at Rs 760 from entry point.
- Jewels of the city: Celebs attend jewellery collection launchShaheen Abbas unveiled her latest collection, which was atteneded by who's who of Bollywood.
- The Road AheadThe panel members as well as the audience in Mumbai had an interesting debate on VAT in the ETIG Knowledge Forum on 'VAT.
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