Persistent Systems consolidated net profit rises 45.90% in the March 2022 quarter

Image
Capital Market
Last Updated : Apr 28 2022 | 9:04 AM IST

Sales rise 47.11% to Rs 1637.85 crore

Net profit of Persistent Systems rose 45.90% to Rs 200.99 crore in the quarter ended March 2022 as against Rs 137.76 crore during the previous quarter ended March 2021. Sales rose 47.11% to Rs 1637.85 crore in the quarter ended March 2022 as against Rs 1113.36 crore during the previous quarter ended March 2021.

For the full year,net profit rose 53.19% to Rs 690.39 crore in the year ended March 2022 as against Rs 450.68 crore during the previous year ended March 2021. Sales rose 36.36% to Rs 5710.75 crore in the year ended March 2022 as against Rs 4187.89 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1637.851113.36 47 5710.754187.89 36 OPM %17.1716.92 -16.7816.31 - PBDT318.32226.78 40 1090.29784.99 39 PBT267.18184.88 45 924.28609.44 52 NP200.99137.76 46 690.39450.68 53

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 28 2022 | 8:04 AM IST

Next Story