Persistent Systems delivered strong Q3FY26 financial results, marking its 23rd consecutive quarter of revenue growth.
Revenue reached $422.5 million, up 17.3% YoY and 4.0% QoQ.
In Indian Rupees, revenue grew 23.4% YoY to 3,778.21 Cr.
Profit After Tax (PAT) stood at 439.45 Cr, an 17.8% YoY increase, while EBIT was 542.75 Cr, up 19.1% YoY.
Margins were impacted by a one-time charge from New Labour Codes; adjusted, EBIT margin would be 16.7% and PAT margin 13.4%. The BFSI segment showed a rising revenue share.
The company is accelerating its AI-led, platform-driven strategy, leveraging platforms like SASVA and iAURA to drive enterprise AI transformation, focusing on boosting productivity and making data AI-ready.
Recent highlights include an interim dividend of ₹22 per share.
Persistent was recognized as one of India's Most Valuable Brands by Kantar BrandZ and endorsed as a Microsoft Frontier Firm for its AI innovation.
Key client wins reflect success in digital commerce and data-driven solutions.
EPS for the quarter was ₹28.2, a 16.0% YoY jump.
Management noted sustained demand for data, cloud, and digital engineering.
The CEO emphasized using Agentic AI internally as a 'customer zero' to boost productivity, anticipating a shift towards larger, more complex engagements.
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