Persistent Systems Reports $406.2M Revenue in Q2 FY26 with 17.6% YoY Growth
Persistent Systems reported Q2 FY2026 results exceeding analyst expectations. Revenue reached $406.20 million, up 17.6% year-over-year. Net profit increased to ₹471.00 crore, a 14.8% rise from Q1. The company's revenue in INR grew to ₹3,580.00 crore, up 7.5% quarter-over-quarter. BFSI sector led segment-wise growth at 10.2%, followed by Healthcare & Life Sciences at 7.1%, and Software, Hi-Tech and Emerging Industries at 5.3%.

*this image is generated using AI for illustrative purposes only.
Persistent Systems , a leading global technology services company, has reported strong financial performance for the second quarter of fiscal year 2026, surpassing analyst expectations. The company's Board of Directors approved the audited financial statements for the quarter and half year ended September 30, 2025, during a meeting held on October 14, 2025.
Key Financial Highlights
- Revenue: $406.20 million, representing a 17.6% increase year-over-year
- Net Profit: ₹471.00 crore, up 14.8% from ₹410.00 crore in Q1
- Revenue (in INR): ₹3,580.00 crore, an increase of 7.5% from ₹3,330.00 crore in the previous quarter
- Analyst Estimates: Net profit of ₹436.00 crore and revenue of ₹3,521.00 crore
Financial Performance
Persistent Systems demonstrated robust growth in the quarter, with its consolidated net profit reaching ₹471.00 crore, marking a significant 14.8% increase from the previous quarter's ₹410.00 crore. This performance notably exceeded the analyst consensus estimate of ₹436.00 crore.
The company's quarterly revenue showed strong momentum, reaching $406.20 million, which represents a 17.6% increase compared to the same period in the previous year. In Indian Rupees, the revenue climbed to ₹3,580.00 crore, up 7.5% from ₹3,330.00 crore in the previous quarter. This figure slightly surpassed the market expectations of ₹3,521.00 crore.
Segment-wise Performance
Persistent Systems' financial results reveal a balanced growth across its key business segments:
| Segment | Revenue (₹ crore) | QoQ Growth |
|---|---|---|
| Banking, Financial Services and Insurance | 1,245.56 | 10.2% |
| Healthcare & Life Sciences | 902.73 | 7.1% |
| Software, Hi-Tech and Emerging Industries | 1,432.43 | 5.3% |
The Banking, Financial Services and Insurance (BFSI) sector led the growth with a 10.2% quarter-on-quarter increase, followed by Healthcare & Life Sciences at 7.1%, and Software, Hi-Tech and Emerging Industries at 5.3%.
Additional Information
The company has made both consolidated and standalone financial statements available on its website. The approval of these financial statements was communicated to BSE Limited and National Stock Exchange of India Limited through a formal notification signed by Company Secretary Amit Atre.
Conclusion
Persistent Systems' Q2 results demonstrate the company's ability to deliver strong growth and profitability. The significant beat on both revenue and profit estimates underscores the company's robust business model and effective execution of its growth strategies. With a 17.6% year-over-year revenue growth, Persistent Systems appears well-positioned to capitalize on emerging opportunities in the technology services sector.
Historical Stock Returns for Persistent Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.20% | +0.36% | +7.80% | +15.85% | +7.77% | +955.82% |
















































