{"id":149464,"date":"2023-07-20T07:32:20","date_gmt":"2023-07-20T11:32:20","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149464"},"modified":"2023-07-20T07:32:21","modified_gmt":"2023-07-20T11:32:21","slug":"persistent-systems-ltd-q1fy24-8-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/persistent-systems-ltd-q1fy24-8-rise-in-profits\/","title":{"rendered":"Persistent Systems Ltd Q1FY24; 8% rise in Profits"},"content":{"rendered":"\n<p>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 .<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Persistent Systems Ltd reported Revenues for Q1FY24 of \u20b92,321.00 Crores up from \u20b91,878.00 Crore year on year, a rise of 23.59%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b92,036.00 Crores up from \u20b91,618.00 Crores year on year, a rise of 25.83%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9229.00 Crores up 8.02% from \u20b9212.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b929.93, up 8.09% from \u20b927.69 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-95.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-95-839x1024.png\" alt=\"\" class=\"wp-image-149465\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-95-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-95-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-95-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-95-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-95.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b92,321.00 Crores up [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,8],"tags":[9124],"class_list":["post-149464","post","type-post","status-publish","format-standard","hentry","category-infographics","category-technology-stocks","tag-software-technology-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150344,"url":"https:\/\/alphastreet.com\/india\/drc-systems-india-ltd-q1fy24-59-rise-in-profits\/","url_meta":{"origin":149464,"position":0},"title":"DRC Systems India Ltd Q1FY24; 59% rise in Profits.","author":"Divyansh_Kasana","date":"July 28, 2023","format":false,"excerpt":"DRC Systems India Ltd is engaged in software development, information technology consulting services and recruitment related services. Financial Results: DRC Systems India Ltd reported Revenues for Q1FY24 of \u20b97.11 Crores up from \u20b94.47 Crore year on year, a rise of 59.06%. Total Expenses for Q1FY24 of \u20b95.71 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-353.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151668,"url":"https:\/\/alphastreet.com\/india\/ramco-systems-ltd-q1fy24-17-rise-in-revenue\/","url_meta":{"origin":149464,"position":1},"title":"Ramco Systems Ltd Q1FY24; 17% rise in Revenue","author":"Karan_Singh","date":"August 7, 2023","format":false,"excerpt":"Ramco Systems is an enterprise software player having multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation. The company is a part of Ramco Group. It is headquartered in Chennai, and has around 1800+ employees spread across 24 offices globally. Financial Results:\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-332.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151301,"url":"https:\/\/alphastreet.com\/india\/c-e-info-systems-ltd-q1fy24-32-rise-in-profits\/","url_meta":{"origin":149464,"position":2},"title":"C.E. 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It also provides software development and other services. 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