Persistent Systems Limited announced its audited financial results for the quarter and year ended March 31, 2025.
Post the announcement, on April 24, 2025, Persistent Systems share price opened at ₹5,272.00, up from its previous close of ₹5,163.50. At 12:13 PM, the share price of Persistent Systems was trading at ₹5,295.50, up by 2.56% on the NSE.
For the financial year 2024-25, Persistent Systems reported a consolidated revenue of USD 1,409.1 million, registering a year-on-year (YoY) growth of 18.8%. In INR terms, revenue stood at ₹1,19,387.2 million, up by 21.6% from the previous year.
The company’s operating profitability also improved, with EBIT rising by 23.8% to ₹17,512.6 million, while Profit Before Tax (PBT) increased by 25.9% to ₹18,223.1 million.
The Profit After Tax (PAT) for FY25 stood at ₹14,001.6 million, marking a 28% YoY growth, with margins at 11.7%.
For the quarter ended March 31, 2025, Persistent reported revenues of USD 375.2 million, representing a sequential growth of 4.2% and a YoY growth of 20.7%. In INR terms, quarterly revenue came in at ₹32,421.1 million, up 5.9% sequentially and 25.2% YoY.
EBIT for the quarter rose to ₹5,052.9 million, with a margin of 15.6%, indicating operational efficiency.
PAT for Q4FY25 stood at ₹3,957.6 million, reflecting a 6.1% sequential growth and a 25.5% rise over the same period last year.
The Board of Directors has recommended a final dividend of ₹15 per share, bringing the total dividend for the financial year to ₹35, commemorating Persistent Systems’ 35th anniversary. This final dividend is subject to approval by the shareholders at the upcoming Annual General Meeting.
Persistent Systems reported its client engagement in Q4 FY25 with Total Contract Value (TCV) of $517.5 million and Annual Contract Value (ACV) of $350.2 million.
Sandeep Kalra,Chief Executive Officer and Executive Director, Persistent, stated, “As we look ahead, we are optimistic about sustaining progress to reach $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.”
Additionally, the company announced the appointment of Vinit Teredesai, Chief Financial Officer, as an Additional Director on the Board.
Also Read: TCS vs Infosys vs Wipro: Which IT Giant Delivered Highest Profits in Q4FY25?
Persistent Systems has maintained its growth trajectory in FY25 with consistent revenue expansion and improved profitability.
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Published on: Apr 24, 2025, 12:22 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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