Persistent Systems Ltd

Persistent Systems launched its Melbourne Innovation Center as a strategic hub for AI-driven enterprise reinvention across the Australia and New Zealand (ANZ) region. The Center strengthens Persistent's localized engineering capabilities while accelerating AI-led modernization, digital product innovation and platform transformation for enterprises. The launch reflects a decisive step in the Company's ANZ expansion strategy. The Center advances Persistent's AI-first strategy, rooted in its core pillars of Engineering Hyper-productivity, Business Hyper-productivity, Enterprise Data Readiness and Responsible AI Infrastructure. It enhances engineering efficiency through the Company's differentiated accelerators and platforms, while enabling legacy modernization with cloud-native refactoring, microservices, data modernization and automated observability powered by GenAI and intelligent agents. The Center will also help clients unlock new revenue streams via industry specific AI solutions, outcome-based models and its hyperscaler partner ecosystem. With innovation workshops, ideation sessions and co-creation programs, Persistent will empower clients to accelerate strategic priorities and build modern digital capabilities that support long term business growth. Persistent will expand high-value engineering and AI capability in Australia through targeted hiring, ecosystem partnerships, industry-focused hackathons and advanced skilling initiatives delivered via Persistent University. By aligning industry needs with academic collaboration, hands-on innovation programs and competitive problem-solving platforms, the Company aims to strengthen Australia's digital engineering talent pipeline and contribute meaningfully to the country's growing technology ecosystem.Powered by Capital Market - Live

Persistent Systems Ltd dropped for a fifth straight session today. The stock is quoting at Rs 4603.5, down 7.51% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.13% on the day, quoting at 25422.6. The Sensex is at 82225.5, down 1.28%.Persistent Systems Ltd has lost around 25.94% in last one month.Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has eased around 22.3% in last one month and is currently quoting at 31550.5, down 5.03% on the day. The volume in the stock stood at 18.23 lakh shares today, compared to the daily average of 7.74 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 4606.5, down 7.6% on the day. Persistent Systems Ltd tumbled 16.42% in last one year as compared to a 12.75% rally in NIFTY and a 23.43% fall in the Nifty IT index.The PE of the stock is 49.93 based on TTM earnings ending December 25.Powered by Capital Market - Live

Persistent Systems Ltd gained for a third straight session today. The stock is quoting at Rs 5664, up 1.47% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.23% on the day, quoting at 25741. The Sensex is at 83526.16, up 0.3%. Persistent Systems Ltd has slipped around 12.02% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has slipped around 13.74% in last one month and is currently quoting at 32738.05, up 2.5% on the day. The volume in the stock stood at 5.59 lakh shares today, compared to the daily average of 7.3 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 5647.5, up 1.32% on the day. Persistent Systems Ltd is down 2.3% in last one year as compared to a 12.18% spurt in NIFTY and a 19.07% spurt in the Nifty IT index.The PE of the stock is 55.99 based on TTM earnings ending December 25.Powered by Capital Market - Live

Persistent Systems Ltd fell 6.21% today to trade at Rs 5889.4. The BSE Information Technology index is down 3.24% to quote at 35947.26. The index is down 1.86 % over last one month. Among the other constituents of the index, HCL Technologies Ltd decreased 6.02% and Infosys Ltd lost 5.82% on the day. The BSE Information Technology index went down 14.8 % over last one year compared to the 5.94% surge in benchmark SENSEX. Persistent Systems Ltd has lost 4.99% over last one month compared to 1.86% fall in BSE Information Technology index and 2.56% drop in the SENSEX. On the BSE, 5588 shares were traded in the counter so far compared with average daily volumes of 18119 shares in the past one month. The stock hit a record high of Rs 6597 on 23 Dec 2025. The stock hit a 52-week low of Rs 4163.8 on 07 Apr 2025.Powered by Capital Market - Live

Persistent Systems Ltd is up for a third straight session in a row. The stock is quoting at Rs 6303, up 3.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 2.77% on the day, quoting at 25784.1. The Sensex is at 83941.05, up 2.79%. Persistent Systems Ltd has added around 1.6% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has added around 2.73% in last one month and is currently quoting at 38074.15, up 1.91% on the day. The volume in the stock stood at 1.97 lakh shares today, compared to the daily average of 4.83 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 6315, up 3.63% on the day. Persistent Systems Ltd is up 3.13% in last one year as compared to a 8.61% gain in NIFTY and a 9.47% gain in the Nifty IT index.The PE of the stock is 60.99 based on TTM earnings ending December 25.Powered by Capital Market - Live

On a year on year basis, the company's consolidated net profit and revenue from operations jumped 17.82% and 23.38% respectively in Q3 FY26. Profit before exceptional items stood at Rs 654.01 crore, up 6.03% QoQ and 35.68% YoY. The exceptional item comprised the impact of new labour code charges amounting to Rs 89.02 crore during the quarter. Excluding the one-time impact of the new labour code charges, EBIT came in at Rs 631.78 crore, registering an 8.2% sequential growth and a 38.6% year-on-year increase. In dollar terms, the company has recorded revenue of $422.5 million (up 4% QoQ). In constant currency terms, the revenue is higher 4.1% sequentially. The order booking for the quarter ended on December 31, 2025, was $674.5 million in Total Contract Value (TCV) and $501.9 million in Annual Contract Value (ACV). Sandeep Kalra, chief executive officer and executive director, Persistent: 'We delivered sustained performance, achieving our 23rd sequential quarter of revenue growth with 4.0% quarter-on-quarter and 17.3% year-on-year growth. This was accompanied by an EBIT margin of 16.7%, excluding a one-time impact of ~2.3% arising from the New Labour Codes. In line with this performance, we are declaring an interim dividend of Rs 22 per share. Our performance reflects a deeper role in strategic client programs and sustained demand for data, cloud, and digital engineering across our core industries. This momentum is reinforced by our inclusion among India's Most Valuable Brands by Kantar BrandZ. We are also applying Agentic AI within our own operations, as a 'customer zero' to improve productivity and speed adoption at scale, an approach further validated by our recognition as a Microsoft Frontier Firm.' Meanwhile, the company's board declared an interim dividend of Rs 22 per equity share of face value Rs 5 each for FY26. The record date for dividend has been fixed as on Tuesday 27 January 2026. In addition, to achieve entity rationalization and operational efficiency within the group, the Board of Directors approved the transfer of 100% shareholding in Persistent Systems Germany GmbH and Persistent Systems France S.A.S. from Persistent Systems, India, to Aepona Group, Ireland, subject to the execution of a Share Purchase Agreement (SPA) in due course. Persistent Systems is a global services and solutions company delivering AI-led, platform-driven digital engineering and enterprise modernization to businesses across industries. Persistent offers a comprehensive suite of services, including software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation.Powered by Capital Market - Live

Persistent Systems has fixed 27 January 2026 as record date for payment of interim dividend of Rs 22 per share of Rs 5 each for FY 2025-26. Powered by Capital Market - Live

Net profit of Persistent Systems rose 17.82% to Rs 439.45 crore in the quarter ended December 2025 as against Rs 372.99 crore during the previous quarter ended December 2024. Sales rose 23.38% to Rs 3778.21 crore in the quarter ended December 2025 as against Rs 3062.28 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales3778.213062.28 23 OPM %19.4017.56 - PBDT754.60564.15 34 PBT654.02482.04 36 NP439.45372.99 18 Powered by Capital Market - Live

Persistent Systems announced that the Board of Directors of the Company at its meeting held on 20 January 2026, inter alia, have recommended the interim dividend of Rs 22 per equity Share (i.e. 440%) , subject to the approval of the shareholders.Powered by Capital Market - Live

On a year on year basis, the company's consolidated net profit and revenue from operations jumped 17.82% and 23.38% respectively in Q3 FY26. Profit before exceptional items stood at Rs 654.01 crore, up 6.03% QoQ and 35.68% YoY. The exceptional item comprised the impact of new labour code charges amounting to Rs 89.02 crore during the quarter. Excluding the one-time impact of the new labour code charges, EBIT came in at Rs 631.78 crore, registering an 8.2% sequential growth and a 38.6% year-on-year increase. In dollar terms, the company has recorded revenue of $422.5 million (up 4% QoQ). In constant currency terms, the revenue is higher 4.1% sequentially. The order booking for the quarter ended on December 31, 2025, was $674.5 million in Total Contract Value (TCV) and $501.9 million in Annual Contract Value (ACV). Sandeep Kalra, chief executive officer and executive director, Persistent: 'We delivered sustained performance, achieving our 23rd sequential quarter of revenue growth with 4.0% quarter-on-quarter and 17.3% year-on-year growth. This was accompanied by an EBIT margin of 16.7%, excluding a one-time impact of ~2.3% arising from the New Labour Codes. In line with this performance, we are declaring an interim dividend of Rs 22 per share. Our performance reflects a deeper role in strategic client programs and sustained demand for data, cloud, and digital engineering across our core industries. This momentum is reinforced by our inclusion among India's Most Valuable Brands by Kantar BrandZ. We are also applying Agentic AI within our own operations, as a 'customer zero' to improve productivity and speed adoption at scale, an approach further validated by our recognition as a Microsoft Frontier Firm.' Meanwhile, the company's board declared an interim dividend of Rs 22 per equity share of face value Rs 5 each for FY26. In addition, to achieve entity rationalization and operational efficiency within the group, the Board of Directors approved the transfer of 100% shareholding in Persistent Systems Germany GmbH and Persistent Systems France S.A.S. from Persistent Systems, India, to Aepona Group, Ireland, subject to the execution of a Share Purchase Agreement (SPA) in due course. Persistent Systems is a global services and solutions company delivering AI-led, platform-driven digital engineering and enterprise modernization to businesses across industries. Persistent offers a comprehensive suite of services, including software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The counter fell 1.56% to settle at Rs 6,335.50 on the BSE.Powered by Capital Market - Live