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 . Presenting below are its Q2 FY26 earnings results.
Q2 FY26 Earnings Results
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Revenue from operations: ₹3,580.7 crore, up 7.4% QoQ and 23.6% YoY.
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Revenue (USD): $406.2 million, up 4.2% QoQ and 17.6% YoY.
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EBIT: ₹583.7 crore, EBIT margin at 16.3%, up from 15.5% in Q1 FY26; EBIT up 43.7% YoY and 12.7% QoQ.
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Profit After Tax (PAT): ₹471.5 crore, up 11% QoQ, up 45.1% YoY.
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PBT: ₹616.8 crore, up 11.1% QoQ.
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Order Book: Total Contract Value (TCV) at $609.2 million, Annual Contract Value (ACV) at $447.9 million for the quarter.
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Headcount: 26,224 employees (attrition at 13.8%).
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Utilization (incl. trainees): 88.2%.
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EPS: ₹30.15.
Management Commentary & Strategic Decisions
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CEO Sandeep Kalra emphasized the company’s 22nd consecutive quarter of sequential growth, margin expansion, and execution excellence.
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Persistent’s AI strategy is platform-led, powered by proprietary intellectual property, deep domain expertise, accelerators, and global strategic partnerships to ensure measurable impact and accelerated client innovation.
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Significant internal milestone: Elevation of Jaideep Dhok as Chief Operating Officer – Technology.
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Key deal wins were reported in AI infrastructure, cybersecurity, healthcare, financial technology, and grid technology, reinforcing its leadership in digital engineering.
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Persistent continues targeted investments and collaborations in AI, next-generation cloud services, and talent development to strengthen long-term stakeholder value.
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Recognized with “Growth Honor of the Year” by Everest Group and maintained leadership on the PEAK Matrix for Talent Readiness.
Q1 FY26 Earnings Results
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Revenue from operations: ₹3,333.6 crore, up 2.8% QoQ and 21.8% YoY.
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Revenue (USD): $389.7 million, up 3.9% QoQ and 18.8% YoY.
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EBIT: ₹517.8 crore, margin at 15.5%.
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PAT: ₹424.9 crore, up 7.4% QoQ, up 38.7% YoY.
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Order Book: TCV at $520.8 million.
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Key verticals: BFSI (30.7% YoY growth), Software & Hi-tech (14.1%), Healthcare & Life Sciences (12.4%).
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Strategic developments: Launch of SASVA 3.0, an advanced AI-powered digital engineering platform, and deferred annual wage hikes, but workforce expanded.
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Dividend: ₹15/share (final).
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.