PERSISTENT SYSTEMS LTD.
P&L
Quarterly Consolidated
vs Q3 FY26
Persistent FY26 Revenue $1,654.4M, up 17.4%; Declares ₹40 Dividend
21 Apr 2026 · 21 Apr, 3:48 pm
Summary
Persistent Systems reported robust financial results for the quarter and year ended March 31, 2026. For the full fiscal year 2026, the company achieved revenue of $1,654.4 million, representing a 17.4% year-over-year growth, alongside a Profit After Tax of ₹18,651.2 million, up 33.2% year-over-year with a 12.6% PAT margin. In Q4FY26, revenue reached $436.0 million, growing 3.2% sequentially and 16.2% year-over-year, with a PAT of ₹5,292.6 million and a 13.1% margin. Management highlighted consistent execution, strategic investments in AI, and strong client demand as key drivers for the continued growth momentum, and the company also declared a full-year dividend of ₹40 per share.
Key Highlights
- 1
Persistent Systems reported a full-year FY26 revenue of $1,654.4 million, marking a strong 17.4% year-over-year growth.
- 2
For the fiscal year 2026, Profit After Tax (PAT) grew by 33.2% year-over-year to ₹18,651.2 million, achieving a PAT margin of 12.6%.
- 3
Q4FY26 revenue reached $436.0 million, demonstrating a 3.2% sequential growth and 16.2% year-over-year growth.
- 4
The Profit After Tax for Q4FY26 was ₹5,292.6 million, increasing by 20.4% quarter-over-quarter and 33.7% year-over-year, with a PAT margin of 13.1%.
- 5
The company declared a full-year dividend of ₹40 per share for FY26, an increase from ₹35 per share in FY25, following a recommended final dividend of ₹18 per share.
- 6
Order booking for the quarter ended March 31, 2026, totaled $600.8 million in Total Contract Value (TCV) and $445.1 million in Annual Contract Value (ACV).
Management Comments
Dr. Anand Deshpande
Our approach has consistently been to build capabilities ahead of demand. Over the past 36 years, we have invested in strengthening our engineering depth and data foundations, which are now finding greater application as AI adoption scales across enterprises. These investments are leading to deeper client relationships and a more meaningful role in how our clients are reshaping their businesses in the context of AI. We will continue to build and adapt our capabilities as the market evolves, with the same long-term discipline.
Sandeep Kalra
We delivered 17.4% year-on-year revenue growth in FY26, with an EBIT margin of 15.6%. I am pleased to share that we have declared a full-year dividend of ₹40 per share. Q4 FY26 marked our 24th sequential quarter of growth, reflecting the consistency of our execution and alignment to client demand in a market being shaped by AI. As AI adoption accelerates, our AI-first strategy is strengthening our operating model and improving the quality and scale of delivery across the business. Our growth momentum continues to be recognized in the market, with Brand Finance naming Persistent the fastest-growing IT services brand globally in 2026. We are deeply grateful to our employees for their unwavering commitment, and to our clients, partners and shareholders for their continued trust and belief, enabling our progress.
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