Nifty IT News, Corporate filings and Earnings/Conference Calls

IT Consulting & Software company Persistent Systems announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue: Rs 32,421.1 million for Q4FY25, change 25.2% YoY. EBIT: Rs 5,052.9 million for Q4FY25, change 34.9% YoY. PBT: Rs 5,052.1 million for Q4FY25, change 27.7% YoY. PAT: Rs 3,957.6 million for Q4FY25, change 25.5% YoY. FY25 Financial Highlights: Revenue: Rs 98,215.9 million for FY25, change 21.6% YoY. EBIT: Rs 14,149.3 million for FY25, change 23.8% YoY. PBT: Rs 14,476.1 million for FY25, change 25.9% YoY. PAT: Rs 10,934.9 million for FY25, change 28.0% YoY. Anand Deshpande, Founder, Chairman & Managing Director, Persistent, said: “Persistent is leading the AI-led transformation, supported by early investments, strong execution, and a clear vision to embed AI across our clients’ digital journey. Celebrating 35 years since our foundation and 15 years of being publicly listed on the National Stock Exchange of India, our unwavering commitment to innovation and client success continues to set us apart as we drive the future of technology with purpose and precision. I am delighted to welcome our CFO, Vinit Teredesai, as Additional Director to our Board.” Sandeep Kalra,Chief Executive Officer & Executive Director, Persistent, said: “We are proud to have delivered our 20th sequential quarter of revenue growth, with an EBIT margin of 15.6%. We thank our employees, clients, partners, and shareholders, whose continued support has been instrumental in our success. Despite the uncertain macroeconomic environment, our consistent performance reflects the trust of our clients, enduring strength of our capabilities, and operational discipline. This momentum has been further validated by multiple prestigious industry recognitions, including the ISG Star of Excellence™ Award based on the voice of the customer and our Challenger positioning in the Gartner® Magic Quadrant™ for Public Cloud IT Transformation Services. As we look ahead, we are optimistic about sustaining progress to reach USD 2 billion in annual revenue by FY27. Our strategic pivot to AI-led platform-driven services will drive this growth, fueled by continued rigor and innovation. We are well-positioned to continue delivering consistent and differentiated long-term value for all our stakeholders.” Result PDF

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Nifty IT News, Corporate filings and Earnings/Conference Calls

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