StockWatch
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PERSISTENT SYSTEMS LTD. Q3 FY25 Results

PERSISTENTQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue3.1K5.7%
Total Income3.1K5.5%
Expenditure2.6K4.5%
PBT482.0410.9%
Net Profit372.9914.8%
OPM11.13%0.94pp
NPM12.01%0.97pp
EPS24.2814.6%
View full financials

Persistent Systems Ltd. Reports Q3FY25 Revenue of USD 360.2 Million, 4.3% Q-o-Q and 19.9% Y-o-Y Growth

22 Jan 2025 · 22 Jan 2025, 09:18 pm

Summary

Persistent Systems Ltd. announced its audited financial results for the quarter ended December 31, 2024. The company reported a revenue of USD 360.2 million, representing a 4.3% Q-o-Q and 19.9% Y-o-Y growth. The company also declared an interim dividend of 20 per share.

Key Highlights

  1. 1

    Revenue of USD 360.2 million with 4.3% Q-o-Q and 19.9% Y-o-Y growth

  2. 2

    Declared interim dividend of 20 per share

  3. 3

    Won the 2024 ISG Star of Excellence™ Overall Award

  4. 4

    Filed 20+ patents related to SASVA™

  5. 5

    Included in the Dow Jones Sustainability World Index

  6. 6

    Order booking for the quarter was at USD 594.1 million in Total Contract Value (TCV) and USD 428.3 million in Annual Contract Value (ACV) terms

Management Comments

S

Sandeep Kalra

Chief Executive Officer and Executive Director, Persistent

We recorded our 19th sequential quarter of revenue growth, with 4.3% Q-o-Q and 19.9% Y-o-Y increase — highlighting the strength of our Al-led, platform-driven services strategy. We also declared an interim dividend of #20 per share.

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