Persistent Systems Q1 Results: Net Profit Rises 7.4% To Rs 425 Crore, Revenue Up 3% QoQ
Persistent Systems Q1 Results: Net Profit Rises 7.4% To Rs 425 Crore, Revenue Up 2.4% QoQ
Persistent Systems Q1 Results: Persistent Systems announced its April-June quarter results for fiscal 2025-26 (Q1FY26) on Wednesday, July 23, reporting a rise of 7.4% in consolidated net profit to Rs 425 crore, compared to Rs 396 crore in the preceding March quarter of FY26.
The Pune-based multinational tech company's topline (revenue from operations) in the first quarter of current fiscal rose nearly 3% to Rs 3,334 crore, compared to Rs 3,242 crore in the quarter ended March 31, 2025.
Persistent Systems Q1 FY26 Highlights (Cons, QoQ)
Revenue rises 2.8% to Rs 3,334 crore versus Rs 3,242 crore (Estimate: Rs 3,357 crore)
Net profit rises 7.4% to Rs 425 crore versus Rs 396 crore (Estimate: Rs 419 crore)
EBIT rises 2.5% to Rs 518 crore versus Rs 505 crore (Estimate: Rs 526 crore)
Margin at 15.5% versus 15.6% (Estimate: 15.6%)
Persistent Systems Q1 order book
The order booking for the quarter ended on June 30, 2025, was $520.8 million in the total contract value (TCV) and $385.3 million in the annual contract value (ACV). Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent Systems said: “We delivered our 21st sequential quarter of revenue growth, up 3.9% QoQ and 18.8% YoY, while sustaining operating margins in a challenging macroeconomic environment. This reflects the strength of our AI-led, platform-driven strategy, focus on customer value creation, and our ability to unlock measurable outcomes.
In USD terms, Persistent Systems achieved $389.7 million in revenue during the June quarter of FY26 with 18.8% year-on-year growth. It also reported a 38.7% annual growth in net profit compared to the year-ago period.
The members at the 31st and 33rd annual general meeting of Persistent Systems held in July 2021 and 2023, respectively, had approved the resolutions enabling the company to issue fresh Equity Shares to the PSPL ESOP Management Trust, which administers the ESOP schemes of the company. In accordance therewith, the Board of Directors approved the issuance of 1,350,000 equity shares of five each to the ESOP Trust.
