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Persistent Systems Ltd Q2FY24; 20% 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 providers such as Salesforce and AWS .

Financial Results:

  • Persistent Systems Ltd reported Revenues for Q2FY24 of ₹2,412.00 Crores up from ₹2,049.00 Crore year on year, a rise of 17.72%.
  • Total Expenses for Q2FY24 of ₹2,093.00 Crores up from ₹1,761.00 Crores year on year, a rise of 18.85%.
  • Consolidated Net Profit of ₹263.00 Crores up 19.55% from ₹220.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹34.22, up 18.86% from ₹28.79 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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