- Persistent Systems reported an 11% rise in consolidated net profit to Rs 471.40 crore in Q2 FY26
- Revenue from operations increased 7% to Rs 3,580.70 crore in the quarter ended September 2025
- Order booking for Q2 stood at $609.2 million in TCV and $447.9 million in Annual Contract Value
The shares of Persistent Systems rose over 6% after it announced its September quarter results on Wednesday, reporting a rise of 11% in consolidated net profit to Rs 471.40 crore. This compares to Rs 424.90 crore in the preceding June quarter of FY26.
The Pune-based multinational tech company's topline (revenue from operations) in the second quarter of current fiscal rose 7% to Rs 3,580.70 crore, compared to Rs 3,333.50 crore in the quarter ended June.
Our AI strategy builds on a strong platform-led foundation and is powered by deep domain knowledge, differentiated IPs, accelerators and strategic partnerships. This integrated approach brings together enterprise readiness for AI transformation, engineering hyper-productivity and business hyper-productivity, enabling clients to scale innovation, modernize their core and achieve measurable impact faster," said Sandeep Kalra, Chief Executive Officer and Executive Director.
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The company's order booking for the quarter ended on Sept. 30, 2025, and stood at $609.2 million in Total Contract Value, as well as $447.9 million in Annual Contract Value.
In USD terms, Persistent Systems achieved $406.2 million in revenue during the September quarter of FY26 with 17.6% year-on-year growth.
Persistent Systems Share Price
Persistent Systems stock rose as much as 6.41% during the day to Rs 5,680 piece on the NSE. It was trading 6.07% higher at Rs 5,662 apiece, compared to an 0.47% advance in the benchmark Nifty 50 as of 9:31 a.m.
It has risen 0.64% in the last 12 months and declined 12.28% on a year-to-date basis. The total traded volume so far in the day stood at 16 times its 30-day average. The relative strength index was at 54.8.
Twenty four out of the 42 analysts tracking the company have a 'buy' rating on the stock, eight recommend a 'hold' and 10 suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 5,889, implying an upside of 4.1%.
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