StockWatch
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PERSISTENT SYSTEMS LTD. Q1 FY26 Results

PERSISTENTQ1 FY26 Results
Filing
MetricValue ( Cr)vs Q4 FY25
Revenue3.3K2.8%
Total Income3.4K3.9%
Expenditure2.8K2.8%
PBT555.419.9%
Net Profit424.947.4%
OPM18.35%0.32pp
NPM12.54%0.40pp
EPS27.437.0%
View full financials

Persistent Systems Achieves $389.7M Revenue in Q1 FY26 with 18.8% Y-o-Y Growth, Reports 38.7% Y-o-Y PAT Growth

23 Jul 2025 · 23 Jul 2025, 04:52 pm

Summary

Persistent Systems has announced its financial results for Q1 FY26, reporting a revenue of $389.7M, a Y-o-Y growth of 18.8%. The company also reported a PAT growth of 38.7% Y-o-Y. The 35™ Annual General Meeting of the Company was held on July 21, 2025, where all resolutions, including final dividend payment of INR 15 per share, were approved by the members with the requisite majority.

Key Highlights

  1. 1

    Q1FY26 Margin % Q-0-Q Growth Y-o0-Y Growth Revenue (USD Million) 389.7 3.9% 18.8% (INR Million) 33,335.9 2.8% 21.8% Constant currency growth 3.3% 19.0%

  2. 2

    EBIT (INR Million) 5,178.1 15.5% 2.5% 34.8%

  3. 3

    PBT (INR Million) 5,554.1 16.7% 9.9% 38.7%

  4. 4

    PAT (INR Million) 4,249.4 12.7% 7.4% 38.7%

  5. 5

    Order booking for the quarter ended on June 30, 2025, was $520.8 million in Total Contract Value (TCV) and $385.3 million in Annual Contract Value (ACV).

  6. 6

    Yogesh Patgaonkar, Chief People Officer of Persistent, will retire from his role effective July 31, 2025.

  7. 7

    Rajiv Naithani, who joined Persistent in February 2025, will assume the role of Chief People Officer effective August 1, 2025.

  8. 8

    Dr. Anand Deshpande conferred with the Eminent Engineer’s Award 2024 under the ‘Industry Category’ by the Engineering Council of India

  9. 9

    Persistent named the fastest-growing IT Services Brand in Brand Finance’s India 100 2025 Report

  10. 10

    Persistent achieved top rankings for the second year in a row in Extel's Asia Executive Team Survey

  11. 11

    Persistent named a Leader in ISG Provider Lens™ 2025 for Digital Engineering Services

  12. 12

    Persistent cited as a Leader in Everest Group Talent Readiness for Next-Gen Application Services PEAK Matrix® Assessment 2025

  13. 13

    Persistent named one of America’s Greatest Workplaces for Inclusion & Diversity 2025 by Newsweek and Plant-A Insights Group

Management Comments

S

Sandeep Kalra

Chief Executive Officer and Executive Director, Persistent

We delivered our 21 sequential quarter of revenue growth, up 3.9% Q-0-Q and 18.8% Y-o-Y, while sustaining operating margins in a challenging macroeconomic environment. This performance reflects the strength of our Al-led, platform-driven strategy, focus on customer value creation, and our ability to unlock measurable outcomes. Our innovation-led execution and sharp focus on talent continue to drive momentum.

Informational and educational content only. Not investment advice.