Categories AlphaGraphs, Earnings, Technology

Persistent Systems Ltd Q3FY24; 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 Q3FY24 of ₹2,498.00 Crores up from ₹2,169.00 Crore year on year, a rise of 15.17%.

Total Expenses for Q3FY24 of ₹2,147.00 Crores up from ₹1,850.00 Crores year on year, a rise of 16.05%.

Consolidated Net Profit of ₹286.00 Crores up 20.17% from ₹238.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹37.20, up 19.46% from ₹31.14 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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