Results - Announcements
Persistent Systems Ltd share price softened by 1.81% to Rs 5891.35 after the company's net profit plunged by 27.23% to Rs 351.51 crore, while revenue from operations slightly gained 8.38% to Rs 4663.9 crore in Q3FY26 over Q2FY26.
The market capitalization of Computers - Software & Consulting industry group stocks on BSE stood at Rs 24.55 lakh crore, easing 4.88%. It has improved by 9.57% over last one week and crept higher by 2.59% in last one month while the market capitalization of Persistent Systems Ltd has marginally improved by 7.90% and 13.62% in the same period respectively.
Profit before tax (PBT) of Persistent Systems Ltd stood at Rs 453.68 crore in Q3 FY26, crashing by 26.45% year-on-year, and tanking 27.19% quarter-on-quarter. EBITDA came in at Rs 609 crore, slipping 3.53% YoY and declining 2.75% sequentially.
Total expenses increased by 12.78% to Rs 4197.1 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 2381.81 crore, expanding by 8.32% YoY.
For the TTM ended FY26, revenue from operations surged 23.53% to Rs 14748.45 crore, while net profit saw a strong growth of 33.21% to Rs 1865.12 crore, compared to previous TTM. EBITDA jumped by 201508% to Rs 2615.01 crore, and PBT soared 32.32% to Rs 2411.21 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1767.13 crore in FY26, as against Rs 1156.92 crore in FY25.
Persistent Systems Ltd surged by 10.65% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 11.27% during the same period.