Persistent Systems' Profits Climb: A Testament to Strategic Growth

Persistent Systems reported a 17.81% rise in net profit for Q3 FY26, with revenues increasing by 23.37%. Despite a drop in profit sequentially, the firm saw substantial order bookings, reflecting robust demand and strategic expansion in data, cloud, and digital engineering. An interim dividend was also announced.

IT services giant Persistent Systems showcased remarkable financial performance, with a 17.81% upswing in net profit, totaling Rs 439.45 crore for Q3 FY26.

The Pune-based company saw its revenue soar by 23.37%, reaching Rs 3,778.20 crore. Despite a one-time Rs 89 crore impact from new Labour Codes, the firm demonstrated enduring growth.

Persistent's strategic involvement in cutting-edge client programs and Agentic AI adoption affirmed its industry leadership, as reflected in significant order bookings. The company declared an interim dividend in line with its robust earnings performance.

(With inputs from agencies.)