Page 6 - Persistent Systems

Europe, APAC deals to cut dependence on a single market: Persistent Systems

The higher focus on global revenues also materialises in the revenue contribution from their global delivery centers

Persistent Systems Q2 net up 12.4% at Rs 83 cr

Also, the revenue growth reached $118 million growing 12.3% quarter-on-quarter

Persistent Systems plans expansion in Europe as part of de-risking strategy

Persistent has also increased its offering in the digital segment as part of diversification

Persistent Systems to cut campus hiring to one-fourth in FY18

The trend is being witnessed due to automation

We should have a reasonable Q3: Anand Deshpande

Interview with Chairman & MD of Persistent Systems

Persistent Q2 net up 2.4% year-o-year

EBIDTA for the quarter grew 4.8 per cent to Rs 110.8 crore for the quarter

Persistent wants a pie of Digital India spend

Pune-based IT solutions firm vying for government contracts; so far the company has five state and two central projects

Persistent Systems Q1 net rises 9% to Rs 73 cr

EBITDA declined 1.4% to Rs 106 cr q-o-q

Persistent Systems Q1 net up 9% to Rs 73 crore

In dollar terms, the company's revenue was up 33.3% to $104.76 million

Persistent Systems' Q4 net profit rises 6.3% to Rs 80.8 crore

The IT firm reported revenue of Rs 677.2 crore, up from its Rs 497.4 crore in the same quarter last year

Persistent acquires San Jose-based Genwi

The financial details of the deal were not disclosed

Persistent Systems aligns business with four key growth drivers

The four growth strategies and related business lines are digital, IBM Alliance, services and Accelerite

Persistent Systems acquires Australia-based PRM Cloud Solutions

PRM primarily focuses on healthcare, construction and property management