Persistent Systems consolidated net profit declines 0.77% in the March 2020 quarter

Sales rise 11.36% to Rs 926.37 crore

Net profit of Persistent Systems declined 0.77% to Rs 83.82 crore in the quarter ended March 2020 as against Rs 84.47 crore during the previous quarter ended March 2019. Sales rose 11.36% to Rs 926.37 crore in the quarter ended March 2020 as against Rs 831.85 crore during the previous quarter ended March 2019.

For the full year,net profit declined 3.24% to Rs 340.29 crore in the year ended March 2020 as against Rs 351.68 crore during the previous year ended March 2019. Sales rose 5.94% to Rs 3565.81 crore in the year ended March 2020 as against Rs 3365.94 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales926.37831.85 11 3565.813365.94 6 OPM %13.7014.51 -13.8116.53 - PBDT155.07148.99 4 618.30643.59 -4 PBT113.04111.31 2 452.34486.34 -7 NP83.8284.47 -1 340.29351.68 -3

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