Persistent Systems Ltd

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

The board of Persistent Systems at its meeting held on 20 January 2026 has approved the transfer of 100% shareholding of Persistent Systems Germany GmbH and Persistent Systems France S.A.S. from Persistent Systems, India to Aepona Group, Ireland as a part of restructuring of Persistent Group entities. Powered by Capital Market - Live

The board of Persistent Systems at its meeting held on 20 January 2026 has approved issuance of 11,00,000 equity shares of Rs 5 each to the PSPL ESOP Management Trust of the Company. Powered by Capital Market - Live

Persistent Systems will hold a meeting of the Board of Directors of the Company on 20 January 2026.Powered by Capital Market - Live

Persistent Systems Ltd dropped for a fifth straight session today. The stock is quoting at Rs 6203.5, down 0.4% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.17% on the day, quoting at 25897.6. The Sensex is at 84563.41, down 0.16%.Persistent Systems Ltd has lost around 3.16% in last one month.Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has increased around 1.57% in last one month and is currently quoting at 38282.7, down 0.38% on the day. The volume in the stock stood at 3.2 lakh shares today, compared to the daily average of 3.14 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 6217.5, down 0.16% on the day. Persistent Systems Ltd tumbled 3.94% in last one year as compared to a 9.53% rally in NIFTY and a 12% fall in the Nifty IT index.The PE of the stock is 67.26 based on TTM earnings ending September 25.Powered by Capital Market - Live

Persistent Systems and DigitalOcean (NYSE: DOCN), the comprehensive agentic cloud, today announced a strategic partnership to make Artificial Intelligence (AI) more accessible, scalable and secure for enterprises and developers worldwide. The collaboration will accelerate AI adoption by providing cost-effective infrastructure designed for growth and innovation. As part of this partnership, Persistent has selected DigitalOcean as its cloud and AI infrastructure provider for SASVA', its AI-powered platform. SASVA seamlessly integrates code, documentation, architecture and executive summaries and adapts fluidly across a spectrum of workflows and roles. It leverages DigitalOcean Gradient' AI Agentic Cloud to run its AI workloads and customer deployments reliably and cost-efficiently. This includes using DigitalOcean Gradient AI Platform for the full agent development lifecycle and high-powered GPUs from DigitalOcean Gradient AI Infrastructure offerings. As organizations accelerate AI adoption, they face mounting challenges such as rising GPU and infrastructure costs, fragmented agent development ecosystems and increasing security and compliance concerns. This partnership between Persistent and DigitalOcean aims to address these barriers by combining Persistent's AI engineering expertise and platform innovation with DigitalOcean's robust agentic cloud infrastructure and AI platform. Persistent and DigitalOcean are collaborating for SASVA and inference workloads on Gradient AI Agentic Cloud to offer secure, cost-effective and enterprise-ready AI solutions that aim to drive meaningful impact and adoption across organizations of all sizes. Extending these capabilities through DigitalOcean's agentic cloud, Persistent will help clients achieve tangible outcomes from cost-efficient AI adoption and business acceleration. This approach will reduce AI infrastructure and operational costs by over 50%, enabling faster adoption and more predictable scaling of AI across industries. In return, Persistent will leverage SASVA and its deep engineering expertise to build modern AI stacks that enhance the capabilities, performance and efficiency of DigitalOcean's next-generation cloud platform for AI workloads, accelerating DigitalOcean's AI offering roadmap. Persistent selected Gradient AI Agentic Cloud to deliver best-in-class infrastructure for digital native enterprises and AI-native customers alike by combining performance, transparency and predictable economics. It also enables seamless scaling as AI technologies evolve, while reducing infrastructure and maintenance costs through managed, ready-to-use environments and provides continuous access to an evolving catalog of diverse models, frameworks and AI accelerators within SASVA.Powered by Capital Market - Live