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Persistent Systems Limited Q4FY23 Earnings

To assist firms in implementing and modernising their operations, Persistent Systems offers software engineering and strategy services. It has its own frameworks and applications that are already integrated and accelerated. Additionally, it collaborates with vendors like Salesforce and AWS.

Financial Results:

  • Persistent Systems Ltd. reported Total Income for Q4FY23 of ₹ 2,263.3 Crores up from ₹ 1,679.9 Crore year on year, a rise of 35%.
  • Total Expenses for Q4FY23 of ₹ 1,922.7 Crores up from ₹ 1,412.7 Crores year on year, a rise of 36%.
  • Consolidated Net Profit of ₹ 251.5 Crores, up 25% from ₹ 200.9 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹ 32.91, up 25% from ₹ 26.30 in the same quarter of the previous year.
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