Persistent Systems Ltd's Q1FY26 Quarter Results
- 24 Jul 2025
Result Summary
- Persistent Systems Ltd reported a 29.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 22.4%.
- Its expenses for the quarter were up by 27.3% QoQ and 19.7% YoY.
- The net profit increased 34.8% QoQ and increased 38.7% YoY.
- The earnings per share (EPS) of Persistent Systems Ltd stood at 27.2 during Q1FY26.
Financial Statments for Q1FY26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 3388.25 | 2621.31 | 2767.81 | 29.3% | 22.4% |
Total Expenses | 2832.83 | 2225.82 | 2367.27 | 27.3% | 19.7% |
Profit Before Tax | 555.41 | 395.49 | 400.54 | 40.4% | 38.7% |
Tax | 130.47 | 80.17 | 94.13 | 62.7% | 38.6% |
Profit After Tax | 424.94 | 315.32 | 306.42 | 34.8% | 38.7% |
Earnings Per Share | 27.20 | 20.50 | 19.90 | 32.7% | 36.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Persistent Systems Ltd is a global technology services company specializing in software product development and technology services. The company is known for its expertise in the software and IT services industry, providing a range of solutions including cloud computing, data analytics, and digital transformation. Founded in 1990, Persistent Systems has established itself as a significant player in the technology sector, catering to clients across various industries. As of the latest updates, Persistent Systems has been actively expanding its capabilities and client base through strategic partnerships and acquisitions, though specific recent developments are not provided here. The company continues to focus on innovation and delivering value through its comprehensive suite of technology services.
Revenue
In the first quarter of fiscal year 2026 (Q1FY26), Persistent Systems Ltd reported a total income of ₹3388.25 crores. This represents a 29.3% increase quarter-over-quarter (QoQ) from ₹2621.31 crores in Q4FY25, and a 22.4% increase year-over-year (YoY) compared to ₹2767.81 crores in Q1FY25. This upward trend in revenue suggests strong financial performance over the observed period. The consistent growth in total income highlights the company's ability to enhance its revenue streams effectively over both the quarterly and yearly periods.
Profitability
In terms of profitability, Persistent Systems Ltd reported a profit before tax of ₹555.41 crores for Q1FY26, marking a 40.4% QoQ increase from ₹395.49 crores in Q4FY25, and a 38.7% YoY increase from ₹400.54 crores in Q1FY25. The profit after tax for Q1FY26 was ₹424.94 crores, which is a 34.8% increase QoQ from ₹315.32 crores in Q4FY25, and a 38.7% increase YoY from ₹306.42 crores in Q1FY25. These figures reflect a robust growth in profitability, further emphasized by an increase in earnings per share (EPS) to ₹27.20 in Q1FY26 from ₹20.50 in Q4FY25 and ₹19.90 in Q1FY25, representing a 32.7% QoQ and 36.7% YoY rise.
Operating Metrics
Persistent Systems Ltd reported total expenses of ₹2832.83 crores for Q1FY26, which reflects a 27.3% increase QoQ from ₹2225.82 crores in Q4FY25, and a 19.7% increase YoY from ₹2367.27 crores in Q1FY25. The tax expense for Q1FY26 was ₹130.47 crores, increasing by 62.7% QoQ from ₹80.17 crores in Q4FY25 and by 38.6% YoY from ₹94.13 crores in Q1FY25. The increase in tax expenses aligns with the company's rising profitability. The reported earnings per share of ₹27.20 for Q1FY26 indicates a significant improvement in shareholder value over both the quarterly and yearly periods.