Persistent Systems Reports FY26 Results with Revenue ₹147.48 Billion, Dividend ₹40

2 min read     Updated on 23 Apr 2026, 04:19 AM
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AI Summary

[Persistent Systems](https://scanx.trade/company/persistent-systems-ltd) announced audited financial results for the quarter and year ended March 31, 2026, with the Board recommending a final dividend of ₹18 per share. For the full year FY26, the company reported revenue of ₹147,484.49 million, profit for the period of ₹18,651.20 million, and total dividend of ₹40 per share including interim dividend of ₹22. The Q4 revenue stood at ₹40,559.37 million with profit of ₹5,292.60 million. The Board also approved corporate actions including the merger of subsidiaries and reorganization of holding structure.

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Persistent Systems announced its audited financial results for the quarter and year ended March 31, 2026, with the Board of Directors recommending a final dividend of ₹18 per equity share of ₹5 each for FY 2025-26. The results, taken on record by the Board at its meeting held on April 21, 2026, demonstrate strong performance across key financial metrics.

Financial Performance Overview

The company delivered robust growth in both quarterly and annual financial results. For the full year ended March 31, 2026, revenue from operations reached ₹147,484.49 million, representing significant growth from ₹119,387.17 million in the previous year. The profit for the period stood at ₹18,651.20 million compared to ₹14,001.61 million in FY25.

Metric Q4 FY26 Q3 FY26 Q4 FY25 FY26 FY25
Revenue from Operations ₹40,559.37 million ₹37,782.05 million ₹32,421.12 million ₹147,484.49 million ₹119,387.17 million
Profit for the Period ₹5,292.60 million ₹4,394.54 million ₹3,957.60 million ₹18,651.20 million ₹14,001.61 million
Total Income ₹40,894.29 million ₹38,187.01 million ₹32,604.73 million ₹149,288.75 million ₹120,768.71 million

Quarterly Performance Analysis

In Q4 FY26, the company achieved revenue of ₹40,559.37 million, marking sequential growth from ₹37,782.05 million in the preceding quarter. The consolidated net profit for the quarter reached ₹5,292.60 million, compared to ₹4,394.54 million in Q3 FY26. Basic earnings per share for Q4 stood at ₹33.83, while diluted EPS was ₹33.55.

Dividend Announcement

The Board of Directors recommended a final dividend of ₹18 per equity share of ₹5 each for FY 2025-26. This follows the interim dividend of ₹22 per share approved on January 20, 2026, bringing the total dividend for the fiscal year to ₹40 per share. In the previous fiscal year, the company had declared a total dividend of ₹35 per share.

Segment Performance

The company's business segments demonstrated strong performance across verticals. For the year ended March 31, 2026, the Software, Hi-Tech and Emerging Industries segment led with revenue of ₹58,829.85 million, followed by Banking, Financial Services and Insurance (BFSI) at ₹50,932.99 million, and Healthcare & Life Sciences at ₹37,721.65 million.

Corporate Developments

During the quarter ended March 31, 2026, Persistent Group completed several strategic transactions including the establishment of Baikang System Service (Shanghai) Co. Ltd. in China and execution of share purchase agreements for transferring subsidiaries to Aepona Group Limited, Ireland. The company also completed mergers of Persistent Telecom Solutions Inc. and Starfish Associates LLC into Persistent Systems Inc., USA. These reorganization activities have no impact on the consolidated financial results.

Historical Stock Returns for Persistent Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-4.81%-5.66%+7.56%-12.53%+3.53%+441.57%

How will Persistent Systems' expansion into China through Baikang System Service impact its competitive positioning in the Asia-Pacific IT services market?

What specific growth strategies is the company implementing to sustain its 23.5% revenue growth rate amid increasing competition in the IT services sector?

Will the exceptional 35.1% growth in the BFSI segment continue given potential regulatory changes and economic uncertainties in the financial services industry?

NCLT Sanctions Persistent Systems Merger with Arrka Infosec

1 min read     Updated on 23 Apr 2026, 04:18 AM
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AI Summary

Persistent Systems Limited received NCLT sanction on April 21, 2026, for absorbing wholly owned subsidiary Arrka Infosec Private Limited. The official notification was received via email at 2138 Hrs IST. The certified copy of the order is awaited and will be submitted to stock exchanges upon receipt.

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persistent systems announced that the National Company Law Tribunal (NCLT), Mumbai, has sanctioned the merger of its wholly owned subsidiary Arrka Infosec Private Limited into the holding company through absorption. The order was passed by the Hon'ble NCLT on April 21, 2026, pursuant to the scheme of merger between the two entities.

The official notification regarding the tribunal's order was received by the company via email on April 21, 2026, at 2138 Hrs IST. The intimation was submitted to the stock exchanges under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the disclosure dated May 16, 2025, submitted under Regulation 37(6) of the LODR Regulations.

Merger Details

Particulars Details
Transferor Company Arrka Infosec Private Limited (Wholly Owned Subsidiary)
Transferee Company Persistent Systems Limited (Holding Company)
Merger Type Absorption
NCLT Order Date April 21, 2026
Notification Received April 21, 2026 at 2138 Hrs IST

The certified copy of the NCLT order is currently awaited by the company. Upon receipt, the same will be submitted to the stock exchanges in due course as required under the regulatory framework. The company referenced its earlier intimation under reference number NSE & BSE / 2025-26 / 021 dated April 24, 2025, in relation to this matter.

The filing was signed by Amit Atre, Company Secretary, on behalf of Persistent Systems Limited. The intimation was addressed to the Managers of Corporate Services at both the National Stock Exchange of India Limited and BSE Limited for their information and record.

Historical Stock Returns for Persistent Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-4.81%-5.66%+7.56%-12.53%+3.53%+441.57%

How will the integration of Arrka Infosec's cybersecurity capabilities impact Persistent Systems' competitive positioning in the digital transformation market?

What cost synergies and operational efficiencies is Persistent Systems expecting to achieve from this subsidiary absorption?

Will this merger trigger similar consolidation moves for other wholly owned subsidiaries within Persistent Systems' portfolio?

More News on Persistent Systems

1 Year Returns:+3.53%