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Nomura termed Persistent Systems' results a ‘mixed bag,’ highlighting slightly lower-than-expected revenue growth in constant currency terms.
4 min read Last Updated : Jul 24 2025 | 11:11 AM IST
Persistent Systems share price today: Shares of IT major
Persistent Systems came under pressure on Thursday, July 24, 2025, falling as much as 9.29 per cent to an intraday low of ₹5,084.15 after the company posted a mixed set of results for the first quarter of FY26 (Q1FY26).
Around 11:10 AM, the Persistent Systems stock was trading 8.24 per cent lower at ₹5,143.50. In comparison, BSE Sensex was down 0.26 per cent at 82,514.88 levels.
Modest growth amid margin pressure
Persistent reported a modest sequential growth for the quarter ended June 30, 2025. Net profit rose 7.4 per