Mid-tier IT company Persistent’s Q4 net profit balloons 25%

April 25, 2025

, By The Economic Times

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Mid-tier ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/it-services-company” target=”_blank”>IT services company Persistent Systems continued to outperform the industry with 20th consecutive sequential quarter ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/revenue-growth” target=”_blank”>revenue growth backed by an increase in large deals and clients along with. Net profit jumped 28% to Rs 395.7 crore on a revenue increase of 25.2% on a YoY basis to Rs 3,242 crore. Full year revenue grew 21.6% to Rs 11,938.7 crore while net profit rose 28% to Rs 1400 crore. In dollar terms revenue was up 18.8% to $1.41 billion.

The company’s board recommended a final dividend of Rs 15 per share.

While healthcare will continue to…

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Mid-tier IT company Persistent’s Q4 net profit balloons 25%

April 25, 2025

, Published By The Economic Times

Mid-tier ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/it-services-company” target=”_blank”>IT services company Persistent Systems continued to outperform the industry with 20th consecutive sequential quarter ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/revenue-growth” target=”_blank”>revenue growth backed by an increase in large deals and clients along with. Net profit jumped 28% to Rs 395.7 crore on a revenue increase of 25.2% on a YoY basis to Rs 3,242 crore. Full year revenue grew 21.6% to Rs 11,938.7 crore while net profit rose 28% to Rs 1400 crore. In dollar terms revenue was up 18.8% to $1.41 billion.

The company’s board recommended a final dividend of Rs 15 per share.

While healthcare will continue to…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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PH fintech firm LenderLink raises $1.25m for tech development

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BluSmart Founder Detained, PB Fintech’s Healthcare Foray & More

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