Indian technology services firm Persistent Systems Ltd (NSE: PERSISTENT) on Wednesday reported third-quarter financial results for the period ended Dec. 31, 2025, showing continued revenue growth and solid year-on-year profit gains amid margin pressures from regulatory changes.<\/p>\n\n\n\n
Persistent Systems posted consolidated revenue of \u20b93,778.2 crore for Q3 FY26, marking a 23.4% increase from the year-ago quarter and a 5.5% sequential rise compared with Q2 FY26. In U.S. dollar terms, revenue was $422.5 million, up 17.3% year-on-year and 4.0% quarter-on-quarter.<\/p>\n\n\n\n
The company reported a net profit (PAT) of \u20b9439.4 crore, reflecting a 17.8% year-on-year increase. On a sequential basis, PAT declined by about 6.8%, weighed down by the impact of the new labour codes, which added one-time costs related to gratuity and leave encashment provisions.<\/p>\n\n\n\n
Earnings before interest and tax (EBIT) stood at \u20b9542.8 crore, with an overall margin of 14.4%. Excluding one-time impacts from labour code changes, EBIT margin was 16.7%, indicating stable operating performance.<\/p>\n\n\n\n
For the quarter, total contract value (TCV) bookings were $674.5 million, with annual contract value (ACV) of $501.9 million, suggesting continued strong deal momentum. The Board declared an interim dividend of \u20b922 per equity share.<\/p>\n\n\n\n
Persistent Systems achieved its 23rd consecutive quarter of revenue growth, driven by sustained demand for data engineering, cloud, and digital transformation services across key industry verticals. The company continues to apply Agentic AI within its operations (as \u201ccustomer zero\u201d) to improve productivity and adoption at scale.<\/p>\n\n\n\n
Revenue growth was broad-based across geographies, with consistent client engagements and strategic contract wins contributing to both top-line expansion and forward visibility. Order intake remained healthy, supporting future revenue streams.<\/p>\n\n\n\n
Persistent\u2019s sequential profit moderation highlights margin exposure to regulatory and wage cost changes, notably due to the implementation of new labour codes in India. These accounting adjustments, while one-time in nature, added cost and compressed sequential profitability.<\/p>\n\n\n\n
Risks include global economic uncertainty affecting IT spend, foreign exchange volatility, and competitive pricing pressure in key markets such as North America and Europe. The company\u2019s earnings performance also depends on execution across large, complex engagements and retention of skilled staff in a tight labour market.<\/p>\n\n\n\n
Management underscored its priority on sustained execution and revenue growth, noting structural demand for digital transformation services. While margins are likely to face near-term pressure from regulatory and wage cost impacts, Persistent aims to maintain its growth trajectory and expand engagements with existing and new clients.<\/p>\n\n\n\n
The absence of any announced guidance revision suggests that the company expects moderate sequential growth in coming quarters, depending on macroeconomic conditions and client spending.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Indian technology services firm Persistent Systems Ltd (NSE: PERSISTENT) on Wednesday reported third-quarter financial results for the period ended Dec. 31, 2025, showing continued revenue growth and solid year-on-year profit gains amid margin pressures from regulatory changes. Quarterly Financials Persistent Systems posted consolidated revenue of \u20b93,778.2 crore for Q3 FY26, marking a 23.4% increase from […]<\/p>\n","protected":false},"author":2391,"featured_media":177145,"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":[1941,5,8],"tags":[10169,14492,14623,9379],"class_list":["post-177101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-latest","category-technology-stocks","tag-earnings","tag-financial-results","tag-persistent-systems","tag-tech"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/persistent_systems_quarterly_profit.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":171486,"url":"https:\/\/alphastreet.com\/india\/persistent-systems-q2-fy26-earnings-results\/","url_meta":{"origin":177101,"position":0},"title":"Persistent Systems Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 14, 2025","format":false,"excerpt":"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. \u00a0\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Persistent Systems Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Persistent-Systems-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Persistent-Systems-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Persistent-Systems-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Persistent-Systems-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Persistent-Systems-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Persistent-Systems-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":173212,"url":"https:\/\/alphastreet.com\/india\/persistent-systems-q3-fy26-earnings-results\/","url_meta":{"origin":177101,"position":1},"title":"Persistent Systems Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 20, 2026","format":false,"excerpt":"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. Q3 FY26 Earnings Results Revenue from Operations: \u20b93,778.2 crore, up 5.5%\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Persistent Systems Q3 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Persistent-Systems-Q3-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Persistent-Systems-Q3-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Persistent-Systems-Q3-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Persistent-Systems-Q3-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Persistent-Systems-Q3-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Persistent-Systems-Q3-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":180030,"url":"https:\/\/alphastreet.com\/india\/hpl-electric-power-q3-fy26-revenue-rises-21-yoy-ebitda-jumps-29-on-margin-expansion\/","url_meta":{"origin":177101,"position":2},"title":"HPL Electric & Power Q3 FY26: Revenue Rises 21% YoY, EBITDA Jumps 29% on Margin Expansion","author":"Staff Correspondent","date":"February 9, 2026","format":false,"excerpt":"Executive Summary HPL Electric & Power Limited reported a solid operating performance in the December quarter, with consolidated revenue rising 20.8% year-on-year to \u20b9473.9 crore and EBITDA increasing 28.8% to \u20b971.7 crore. 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