Conference Call with Persistent Systems Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company Persistent Systems announced Q3FY25 results Revenue: Rs 30,622.8 million (QoQ: +5.7%, YoY: +22.6%). EBITDA: Rs 5,378.4 million (Margin: 17.6%, QoQ: +11.9%, YoY: +21.7%). PBT: Rs 4,820.4 million (Margin: 15.7%, QoQ: +10.9%, YoY: +23.8%). PAT: Rs 3,729.9 million (Margin: 12.2%, QoQ: +14.8%, YoY: +30.4%) Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent, said: “We recorded our 19th sequential quarter of revenue growth, with 4.3% QoQ and 19.9% YoY increase - highlighting the strength of our AI-led, platform-driven services strategy. We also declared an interim dividend of Rs 20 per share. This quarter, we achieved several significant milestones, including winning the prestigious 2024 ISG Star of Excellence Overall Award based on the voice of the customer, demonstrating our ability to re(AI)magine their businesses. Reaffirming our commitment to developing innovative solutions based on our own IP, we filed 20+ patents related to SASVA, our AI-powered software development platform. Additionally, our co-developed ContractAssIst solution, built leveraging Microsoft 365 Copilot, was shortlisted by Microsoft and acknowledged by its CEO, Satya Nadella, during his recent Microsoft AI Tour. We were awarded AA+ (Stable) credit rating by ICRA, recognizing our strong financial profile, experienced leadership, robust capital structure, and well-established customer relationships. Finally, our inclusion in the Dow Jones Sustainability World Index highlights our commitment to embedding sustainability into our operations. These achievements underscore our passion for driving innovation and delivering meaningful value to our clients and stakeholders, while fostering sustainable practices across our business.” Result PDF