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Persistent System reported 7.37% jump in consolidated net profit to Rs 424.94 crore on 2.82% increase in revenue from operations to Rs 3,333.59 crore in Q1 FY26 over Q1 FY25.
On a year on year basis, the company's net profit and revenue 38.7% and 21.8% QoQ in Q1 FY26.
Profit before tax (PBT) stood at Rs 555.41 crore, up 9.94% QoQ and 63.9% YoY.
In the June 2025 quarter, EBIT improved 2.5% to Rs 517.81 crore, compared to Rs 505.29 crore in Q4 FY25. The EBIT margin also increased to 15.5%, up from 14% in the same period last year.
In dollar terms, the IT firm's revenue stood at $389.7 million in Q1 FY26, up 18.8% YoY and 3.9% QoQ.
The order booking for the quarter ended on 30th June 2025, was at $520.8 million in total contract value (TCV) and at $385.3 million in annual contract value (ACV) terms.
Sandeep Kalra, chief executive officer (CEO) and executive director, Persistent, said: 'We delivered our 21st sequential quarter of revenue growth, up 3.9% Q-o-Q and 18.8% Y-o-Y, while sustaining operating margins in a challenging macroeconomic environment. This performance reflects the strength of our AI-led, platform-driven strategy, focus on customer value creation, and our ability to unlock measurable outcomes.
Our innovation-led execution and sharp focus on talent continue to drive momentum. This has earned us recognition as a Leader in the ISG Provider Lens' 2025 for Digital Engineering Services and in the Everest Group Talent Readiness for Next-Gen Application Services PEAK Matrix' Assessment 2025. We are also proud to achieve top rankings in Extel's Asia Executive Team survey for Investor Relations and stakeholder trust.'
Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries.
The scrip tumbled 7.16% to Rs 5204.00 on the BSE.
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