Persistent Systems Ltd Quarterly Results

Q2 FY26-27 Results Summary

Revenue

The revenue stands at ₹4,663.90 crore, reflecting a quarter-on-quarter *(QoQ) increase of 8.38 per cent from ₹4,303.23 crore. This corresponds to a year-on-year *(YoY) growth of 30.25 per cent.

Total Income

Total Income stands at ₹4,688.35 crore, reflecting a quarter-on-quarter *(QoQ) increase of 7.19 per cent from ₹4,373.87 crore. This corresponds to a year-on-year *(YoY) growth of 29.07 per cent.

Operating Profit

Operating Profit stands at ₹633.48 crore, reflecting a quarter-on-quarter *(QoQ) decrease of 9.10 per cent from ₹696.90 crore. This corresponds to a year-on-year *(YoY) decline of 7.26 per cent.

Profit Before Tax

Profit Before Tax stands at ₹453.68 crore, reflecting a quarter-on-quarter *(QoQ) decrease of 27.19 per cent from ₹623.10 crore. This corresponds to a year-on-year *(YoY) decline of 26.45 per cent.

Net Profit

Net Profit stands at ₹351.51 crore, reflecting a quarter-on-quarter *(QoQ) decrease of 27.23 per cent from ₹483.04 crore. This represents a 25.44 per cent year-on-year *(YoY) decline for the same year.

  • YoY compares a quarter to the same period last year, and QoQ compares it to the previous quarter.

Persistent Systems Ltd Earnings

CategoryQ2 FY26-27Q2 FY25-26Change %FY25-26FY24-25Change %
Total Revenue4,663.903,580.7230.2514,748.4511,938.7223.53
Expenses4,030.422,897.6439.0912,042.039,880.5221.88
Other Income24.4551.78-52.78180.43138.1530.60
Operating Profit633.48683.08-7.262,886.842,196.3531.44
Depreciation166.67100.0566.59402.95306.9131.29
Interest37.5717.98108.9572.6867.138.27
Profit Before Tax453.68616.83-26.452,411.221,822.3132.32
Tax102.17145.36-29.71597.25472.2026.48
Net Profit351.51471.47-25.441,865.121,400.1633.21
CategoryQ2 FY26-27Q1 FY26-27Change %
Total Revenue4,663.904,303.238.38
Expenses4,030.423,606.3311.76
Other Income24.4570.64-65.39
Operating Profit633.48696.90-9.10
Depreciation166.67115.2944.57
Interest37.5729.1428.93
Profit Before Tax453.68623.10-27.19
Tax102.17140.06-27.05
Net Profit351.51483.04-27.23

Persistent Systems Ltd Research Reports

ActionTarget Price (₹)BrokerDateReports
Buy 6,200Motilal Oswal22-Apr-2026
Accumulate 5,630JM Financial22-Apr-2026
Buy 6,400Prabhudas Lilladher22-Apr-2026
Buy 6,400Prabhudas Lilladher22-Apr-2026
Hold 5,778InCred Equities15-Oct-2025

Persistent Systems Ltd Financial Reports

Data not available.

Persistent Systems Ltd Stock Prices Compare with Peers

Company1 Day1 Week1 Month3 Months6 Month1 Year
Persistent Systems0.96%3.71%10.01%9.89%26.41%5.33%
Wipro0.76%3.97%21.82%6.21%-1.13%-17.67%
Tech Mahindra0.15%0.99%16.22%8.36%23.16%28.90%
LTM-0.07%3.06%5.18%-6.97%-2.20%-24.45%
Coforge-1.59%5.20%11.87%17.16%76.50%18.51%
Oracle Fin.Serv.1.58%-1.05%-5.50%-15.60%1.79%22.23%
Mphasis-1.35%-0.92%10.09%3.68%14.00%-8.01%

Persistent Systems Ltd Corporate Information

Chairman / Executive Director / Managing Director: Anand Deshpande
Executive Director & CEO: Sandeep Kalra
Executive Director & CFO: Vinit Ajit Teredesai
Independent Non Exe. Director: Avani Davda
Independent Non Exe. Director: Arvind Goel
Independent Non Exe. Director: Ambuj Goyal
Independent Non Exe. Director: Praveen Kadle
Independent Non Exe. Director: Danl Lewin
Independent Non Exe. Director: Anjali Joshi
Independent Non Exe. Director: Ajit Keshav Ranade
Company Sec. & Compli. Officer: Amit Atre

Persistent Systems Ltd News

IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.

Updated On: 28 Aug 2026 | 10:55 AM IST

IT Q1FY27 review: As per MOFSL, revenue growth in Q1 was led by Tier-2 pack IT services companies. Tier-1 players grew 0.4 per cent Q-o-Q CC, while Tier-2 players outperformed with 1.8 per cent growth

Updated On: 20 Aug 2026 | 7:31 AM IST

Strong deal wins across the US and Europe are expected to offset weakness in parts of the healthcare business, while the Nagarro acquisition will strengthen its Europe presence.

Updated On: 04 Aug 2026 | 4:03 PM IST

IT firm Persistent Systems has reported a 13.67 per cent increase in consolidated net profit to Rs 483.04 crore in the April-June quarter. The company had posted a net profit of Rs 424.93 crore in the year-ago period. Persistent Systems' revenue from operations rose 29 per cent to Rs 4303.22 crore in Q1 FY27, as compared to Rs 3,333.58 crore in Q1 FY26. Seen sequentially, profit fell 8.7 per cent on account of forex losses, while revenue grew 6 per cent. "This performance was underpinned by a record quarterly Total Contract Value (TCV) of USD 1.15 billion, reflecting continued momentum in larger client engagements, including a 6.5-year strategic services agreement with a leading global technology company with a TCV of more than USD 650 million," Persistent Chief Executive Officer and Executive Director Sandeep Kalra said. The Software, Hi-Tech and Emerging Industries vertical remained the largest revenue contributor at 40.7 per cent, recording a year-on-year growth of 15.7 per ...

Updated On: 03 Aug 2026 | 10:19 AM IST

Technology stocks witnessed some profit-taking on Friday following a 19% rally in the Nifty IT index this July.

Updated On: 31 Jul 2026 | 10:35 AM IST

Thus far in the month of July, the Nifty IT index rallied 15 per cent, as compared to 0.6 per cent rise in the Nifty 50.

Updated On: 28 Jul 2026 | 10:20 AM IST

At 09:38 AM on Friday, the Nifty IT index was the top gainer among sectoral indices, up 1.8 per cent, as compared to a 1 per cent rise in the Nifty 50.

Updated On: 10 Jul 2026 | 10:15 AM IST

In the past four trading days, IT index outperformed the market by soaring 9 per cent, as against a 2 per cent gain in the Nifty 50.

Updated On: 07 Jul 2026 | 2:26 PM IST

The Nifty IT currently quotes around 20 per cent below its 200-DMA. TCS, Infosys, Wipro and HCL Technologies are down in the range of 21-26 per cent form respective 200-DMAs.

Updated On: 02 Jul 2026 | 11:52 AM IST

In the past 20 trading days, the Nifty IT index tanked 17 per cent, as against a 2.2 per cent rise in the Nifty 50 till Wednesday.

Updated On: 02 Jul 2026 | 10:40 AM IST
More