Categories AlphaGraphs, Technology

Persistent Systems Ltd Q1FY24; 8% rise in Profits

Persistent Systems provides software engineering and strategy services to help companies implement and modernize their businesses. It has its own software and frameworks with pre-built integration and acceleration . It also has partnership with with providers such as Salesforce and AWS .

Financial Results:

Persistent Systems Ltd reported Revenues for Q1FY24 of ₹2,321.00 Crores up from ₹1,878.00 Crore year on year, a rise of 23.59%.

Total Expenses for Q1FY24 of ₹2,036.00 Crores up from ₹1,618.00 Crores year on year, a rise of 25.83%.

Consolidated Net Profit of ₹229.00 Crores up 8.02% from ₹212.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹29.93, up 8.09% from ₹27.69 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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