Persistent Systems Ltd

Revenue from operations increased 7.35% quarter-on-quarter to Rs 4,055.94 crore for the quarter ended 31 March 2026. On a year-on-year basis, the company's net profit rose 33.73%, while revenue grew 25.10% in Q4 FY26. Profit before tax (PBT) stood at Rs 673.98 crore, up 19.29% QoQ and 33.40% YoY, while EBIT rose 21.4% sequentially and 30.5% annually to Rs 659.16 crore. These figures include a one-time impact of the New Labour Codes in Q3 FY26. The company reported revenue of $436 million for Q4 FY26, representing a steady 3.2% quarter-on-quarter (QoQ) increase and robust 16.2% year-on-year (YoY) growth in USD terms. On a constant currency basis, revenue growth for the quarter stood at 3.4%, compared to 4.1% in Q3 FY26 and 4.5% in the corresponding quarter of the previous year. The company's total contract value (TCV) for the quarter was $600.8 million, while annual contract value (ACV) stood at $445.1 million. Dr Anand Deshpande, founder, chairman and managing director, Persistent, said, 'Our approach has consistently been to build capabilities ahead of demand. Over the past 36 years, we have invested in strengthening our engineering depth and data foundations, which are now finding greater application as AI adoption scales across enterprises. These investments are leading to deeper client relationships and a more meaningful role in how our clients are reshaping their businesses in the context of AI. We will continue to build and adapt our capabilities as the market evolves, with the same long-term discipline.' Sandeep Kalra, chief executive officer and executive director, Persistent, said, 'We delivered 17.4% year-on-year revenue growth in FY26, with an EBIT margin of 15.6%. I am pleased to share that we have declared a full-year dividend of ₹40 per share. Q4 FY26 marked our 24th sequential quarter of growth, reflecting the consistency of our execution and alignment to client demand in a market being shaped by AI. As AI adoption accelerates, our AI-first strategy is strengthening our operating model and improving the quality and scale of delivery across the business. Our growth momentum continues to be recognized in the market, with Brand Finance naming Persistent the fastest-growing IT services brand globally in 2026. We are deeply grateful to our employees for their unwavering commitment and to our clients, partners and shareholders for their continued trust and belief, enabling our progress.' Meanwhile, the company's board has recommended a final dividend of Rs 18 per equity share having a face value of Rs 5 for the financial year 2025'26. The said final dividend is subject to the approval of shareholders at the ensuing 36th Annual General Meeting of the company. The record date for the purpose of payment of the dividend will be determined later and communicated to the stock exchanges separately. 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 4.41% to Rs 5,100 on the BSE.

Revenue from operations increased 7.35% quarter-on-quarter to Rs 4,055.94 crore for the quarter ended 31 March 2026. On a year-on-year basis, the company's net profit rose 33.73%, while revenue grew 25.10% in Q4 FY26. Profit before tax (PBT) stood at Rs 673.98 crore, up 19.29% QoQ and 33.40% YoY, while EBIT rose 21.4% sequentially and 30.5% annually to Rs 659.16 crore. These figures include a one-time impact of the New Labour Codes in Q3 FY26. The company reported revenue of $436 million for Q4 FY26, representing a steady 3.2% quarter-on-quarter (QoQ) increase and robust 16.2% year-on-year (YoY) growth in USD terms. On a constant currency basis, revenue growth for the quarter stood at 3.4%, compared to 4.1% in Q3 FY26 and 4.5% in the corresponding quarter of the previous year. The company's total contract value (TCV) for the quarter was $600.8 million, while annual contract value (ACV) stood at $445.1 million. Dr Anand Deshpande, founder, chairman and managing director, Persistent, said, 'Our approach has consistently been to build capabilities ahead of demand. Over the past 36 years, we have invested in strengthening our engineering depth and data foundations, which are now finding greater application as AI adoption scales across enterprises. These investments are leading to deeper client relationships and a more meaningful role in how our clients are reshaping their businesses in the context of AI. We will continue to build and adapt our capabilities as the market evolves, with the same long-term discipline.' Sandeep Kalra, chief executive officer and executive director, Persistent, said, 'We delivered 17.4% year-on-year revenue growth in FY26, with an EBIT margin of 15.6%. I am pleased to share that we have declared a full-year dividend of ₹40 per share. Q4 FY26 marked our 24th sequential quarter of growth, reflecting the consistency of our execution and alignment to client demand in a market being shaped by AI. As AI adoption accelerates, our AI-first strategy is strengthening our operating model and improving the quality and scale of delivery across the business. Our growth momentum continues to be recognized in the market, with Brand Finance naming Persistent the fastest-growing IT services brand globally in 2026. We are deeply grateful to our employees for their unwavering commitment, and to our clients, partners and shareholders for their continued trust and belief, enabling our progress.' Meanwhile, the company's board has recommended a final dividend of Rs 18 per equity share having a face value of Rs 5 for the financial year 2025'26. The said final dividend is subject to the approval of shareholders at the ensuing 36th Annual General Meeting of the company. The record date for the purpose of payment of the dividend will be determined later and communicated to the stock exchanges separately. 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 rose 0.88% to end at Rs 5,369 on the BSE.

Net profit of Persistent Systems rose 33.73% to Rs 529.26 crore in the quarter ended March 2026 as against Rs 395.76 crore during the previous quarter ended March 2025. Sales rose 25.10% to Rs 4055.94 crore in the quarter ended March 2026 as against Rs 3242.11 crore during the previous quarter ended March 2025. For the full year,net profit rose 33.21% to Rs 1865.12 crore in the year ended March 2026 as against Rs 1400.16 crore during the previous year ended March 2025. Sales rose 23.53% to Rs 14748.45 crore in the year ended March 2026 as against Rs 11938.72 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales4055.943242.11 25 14748.4511938.72 24 OPM %18.9318.03 -18.9517.24 - PBDT782.52584.31 34 2903.192129.22 36 PBT673.98505.21 33 2500.241822.31 37 NP529.26395.76 34 1865.121400.16 33 Powered by Capital Market - Live

Persistent Systems announced that the Board of Directors of the Company at its meeting held on 21 April 2026, inter alia, have recommended the final dividend of Rs 18 per equity Share (i.e. 360%) , subject to the approval of the shareholders.

Persistent Systems announced the launch of its Merchant Risk Management and Fraud Detection solution powered by Databricks Data Intelligence platform. The solution helps financial institutions reduce fraud losses, improve detection accuracy and lower manual review effort through real-time, intelligence-driven decisions. As digital payments scale, financial institutions, payment service providers, digital platforms and their end customers face rising fraud, regulatory scrutiny and reputational risk. Traditional approaches rely on static rules and post-transaction analysis, limiting early detection. Persistent shifts merchant risk management upstream to enable early detection, continuous monitoring and AI-driven action before losses occur. Built on the Databricks Data Intelligence platform, the solution uses Agentic AI to perform multi signal merchant vetting during onboarding, analyzing business profiles, compliance history, transaction patterns and external indicators to assess risk before transactions begin. Once live, it continuously monitors transactions, chargebacks and third-party signals in real time to detect emerging fraud or compliance risks.

The solution helps financial institutions reduce fraud losses, improve detection accuracy and lower manual review effort through real-time, intelligence-driven decisions. Built on the Databricks Data Intelligence platform, the solution uses Agentic AI to perform multisignal merchant vetting during onboarding, analyzing business profiles, compliance history, transaction patterns and external indicators to assess risk before transactions begin. The company said the solution is expected to deliver measurable business benefits, including a 20'40% reduction in chargeback and fraud losses through early risk detection, a 30'60% improvement in fraud detection accuracy, and a 50'70% reduction in manual review efforts, allowing teams to focus on higher-value investigations. Additionally, the platform could help reduce risk management costs by 10'20% through automation and streamlined workflows. Barath Narayanan, Global BFSI and Europe Geo Head, Persistent, said, 'Merchant risk has become one of the most complex challenges for financial institutions, payment service providers and digital platforms as transaction volumes grow and regulatory scrutiny intensifies. Effective risk management now depends on the ability to transform data into intelligence and respond in real time. Our work with Databricks enables us to combine scalable data processing with AI to help financial institutions identify emerging risk earlier, improve decision making and strengthen merchant oversight across the entire lifecycle.' 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 company reported a 6.79% decline in consolidated net profit to Rs 439.4 crore despite of 5.52% increase in revenue from operations to Rs 3778.20 crore in Q3 FY26 over Q2 FY26.

Persistent Systems Ltd rose for a third straight session today. The stock is quoting at Rs 5316.2, up 1.69% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.19% on the day, quoting at 22757. The Sensex is at 73408.47, up 0.12%. Persistent Systems Ltd has added around 11.15% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has added around 1.61% in last one month and is currently quoting at 30441.45, up 0.68% on the day. The volume in the stock stood at 3.49 lakh shares today, compared to the daily average of 7.49 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 5232.1, up 1.88% on the day. Persistent Systems Ltd is up 16.24% in last one year as compared to a 2.69% gain in NIFTY and a 6.19% gain in the Nifty IT index.The PE of the stock is 52.44 based on TTM earnings ending December 25.

Persistent Systems will hold a meeting of the Board of Directors of the Company on 21 April 2026.Powered by Capital Market - Live

Persistent Systems Ltd is up for a fifth straight session today. The stock is quoting at Rs 4946, up 0.35% on the day as on 12:39 IST on the NSE. The benchmark NIFTY is down around 1.51% on the day, quoting at 22954.85. The Sensex is at 74099.03, down 1.56%. Persistent Systems Ltd has gained around 5.83% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has gained around 1.62% in last one month and is currently quoting at 29671.3, up 0.37% on the day. The volume in the stock stood at 5 lakh shares today, compared to the daily average of 7.13 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 4895, up 0.59% on the day. Persistent Systems Ltd is down 10.3% in last one year as compared to a 2.4% slide in NIFTY and a 19.26% slide in the Nifty IT index.The PE of the stock is 49.42 based on TTM earnings ending December 25.Powered by Capital Market - Live

Persistent Systems Ltd is up for a third straight session today. The stock is quoting at Rs 4881.8, up 3.33% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 2.14% on the day, quoting at 22993.4. The Sensex is at 74262.23, up 2.15%. Persistent Systems Ltd has gained around 3.19% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has gained around 2.37% in last one month and is currently quoting at 29147.05, up 2.25% on the day. The volume in the stock stood at 3.6 lakh shares today, compared to the daily average of 7.82 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 4842.1, up 3.79% on the day. Persistent Systems Ltd is down 12.17% in last one year as compared to a 2.85% drop in NIFTY and a 20.96% drop in the Nifty IT index.The PE of the stock is 47.38 based on TTM earnings ending December 25.Powered by Capital Market - Live