5669.5000 -29.50 (-0.52%)
NSE May 19, 2025 15:31 PM
Volume: 287.9K
 

5669.50
-0.52%

Persistent

Dolat Capital
PSYS reported USD revenue de-growth of 4.3% QoQ to USD 118mn (DCMe: USD 121mn) due to seasonally soft quarter in IP business and unanticipated closure of one project which had already been staffed. INR revenue grew 0.2% QoQ to ` 8.36bn (DCMe: ` 8.48bn) supported by INR depreciation. EBIT margin improved 44bps QoQ to 12.4% (DCMe: 11%) led by INR depreciation and operational efficiency. PAT improved 0.9% QoQ to ` 881mn (DCMe: ` 812mn)...
Persistent Systems L.. has an average target of 5584.00 from 8 brokers.
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