Persistent Systems Q3 Results: Persistent Systems announced its October-December quarter results for fiscal 2025-26 (Q3FY26) on Tuesday, Jan. 20, reporting a drop of 6.7% in consolidated net profit to Rs 439 crore, compared to Rs 471 crore in the preceding September quarter. The IT major's revenue from operations in the third quarter of current fiscal rose 5.5% sequentially to Rs 3,778 crore, compared to Rs 3,581 crore in the previous quarter.
The company also declared an interim dividend of Rs 22 per share per equity share of Rs 5 each for fiscal ending March 31, 2026. The record date for the payment of the dividend is fixed as Jan. 27, 2026. ''The interim dividend approved and declared by the Board of Directors at its meeting held on Jan. 20, 2026, will be paid to the Members within a statutory timeline of 30 days of its declaration,'' said Persistent Systems in a regulatory filing to the stock exchanges on Tuesday.
Persistent Systems Q3FY26 Results (Cons, QoQ)
- Net Profit down 6.8% to Rs 439 crore Vs Rs 471 crore
- Revenue rises 5.5% to Rs 3,778 crore Vs Rs 3,581 crore
- EBIT rises 8.5% to Rs 632 crore Vs Rs 583 crore
- Margin up 16.7% Vs 16.3%
On the operational performance, Perisistent System's earnings before interest and tax increased 8.5% to Rs 632 crore, compared to Rs 583 crore in the preceding September quarter. The company's dollar revenue grew 4% QoQ to $422.5 million, while the board declared an interim dividend of Rs 22 per share. persistent's CEO Sandeep Kalra said the results reflected a deeper role in strategic client programmes and sustained demand for data, cloud and digital engineering across the company's core industries.
He added that Persistent is applying Agentic AI within its own operations as a "customer zero" to boost productivity and accelerate adoption at scale, an approach validated by the company's recognition as a Microsoft Frontier Firm. Kalra emphasised that the company's priority remains sustaining growth through consistent execution, as demand shifts towards larger and more complex engagements. ''Persistent's Q3 results show that while growth momentum remains intact, near-term margins are likely to be impacted by regulatory and one-time factors,'' added the CEO.
Also Read: Reliance Retail Q3 Results: Net Profit Rises 3% To Rs 3,551 Crore, Revenue Up 9.2% YoY
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