Persistent Systems Ltd., a prominent player in the IT services sector, witnessed a substantial block trade on the National Stock Exchange (NSE), signaling significant institutional interest in the company's shares.

Block Trade Details

This block trade represents a notable transaction in Persistent Systems' shares, potentially indicating a shift in institutional holdings or a strategic move by a large investor.

Company Activities

While the block trade captures market attention, it's worth noting that Persistent Systems has been actively engaging with investors. According to recent corporate disclosures:

• The company conducted a Non-Deal Roadshow on October 15, 2025.
• During this event, Persistent Systems interacted with investors from HSBC Mutual Fund and Edelweiss Mutual Fund.
• The company reiterated information from its Q2FY26 earnings call held on October 14, 2025, without sharing additional information.

Financial Transparency

In line with regulatory requirements, Persistent Systems has also:

• Published newspaper advertisements on October 15, 2025, regarding their Audited Financial Results for the quarter and half year ended September 30, 2025.
• The results were published in Financial Express (English, all editions) and Loksatta (Marathi, Pune edition).

These activities underscore the company's commitment to transparency and active investor communication, which may contribute to investor confidence and market interest in the stock.

The recent block trade, coupled with the company's proactive investor relations efforts, suggests ongoing institutional interest in Persistent Systems. However, investors should conduct their own research and consider various factors before making investment decisions based on this information.

Persistent Systems , a global digital engineering leader, has reported robust financial results for the second quarter, while also announcing an ambitious revenue target for the future and addressing upcoming wage-related challenges.

Q2 Financial Highlights

Persistent Systems demonstrated strong performance in Q2, with key financial metrics showing significant year-over-year growth:

• Revenue reached $406.20 million, up 17.6% year-over-year
• EBIT (Earnings Before Interest and Taxes) stood at ₹5,837.40 million, with a margin of 16.3%
• Profit After Tax (PAT) was ₹4,714.70 million, with a margin of 13.2%

The company's performance marks its 22nd consecutive quarter of revenue growth, reflecting consistent execution and strong market demand for its services.

Ambitious FY27 Revenue Target

Persistent Systems has set a goal to achieve $2 billion in revenue by FY27. This target represents substantial growth from its current run rate and underscores the company's confidence in its business model and market opportunities.

To support this growth trajectory, Persistent has outlined a two-step margin improvement plan:

1. A 100 basis point margin improvement targeted for FY26
2. An additional 100 basis point margin enhancement planned for FY27

These margin expansion goals indicate the company's focus on not just top-line growth but also on improving profitability as it scales.

Q3 Wage Increase Impact and Mitigation Strategies

Persistent Systems expects wage increases to impact margins by 180 basis points in Q3. However, the company has proactively planned to offset this impact by 80-100 basis points through operational strategies. These strategies include:

1. Increased offshoring of operations
2. Improved utilization rates

These measures demonstrate the company's agility in managing costs while maintaining its growth trajectory.

Strategic Focus and Market Position

Sandeep Kalra, Chief Executive Officer and Executive Director of Persistent Systems, commented on the results: "Our AI strategy builds on a strong platform-led foundation and is powered by deep domain knowledge, differentiated IPs, accelerators and strategic partnerships. This integrated approach brings together enterprise readiness for AI transformation, engineering hyper-productivity and business hyper-productivity, enabling clients to scale innovation, modernize their core and achieve measurable impact faster."

The company's strategy appears to be centered on leveraging artificial intelligence to drive digital transformation for its clients, positioning Persistent as a key player in the evolving technology landscape.

Industry Recognition

Persistent's strong performance and strategic direction have been recognized by industry analysts:

• Received the 'Growth Honor of the Year' at Everest Group Elevate 2025
• Named a Leader in the Everest Group Talent Readiness for Next-generation Cloud Services PEAK Matrix® Assessment 2025

These accolades underscore Persistent's growing reputation in the industry and its ability to deliver value to clients.

Looking Ahead

As Persistent Systems aims for its $2 billion revenue target, the company will likely focus on:

1. Expanding its AI-driven services and solutions
2. Strengthening strategic partnerships
3. Enhancing its talent pool to support growth
4. Continuing to improve operational efficiency to achieve margin targets
5. Implementing strategies to mitigate the impact of wage increases

The ambitious revenue goal, margin improvement plans, and proactive approach to managing wage-related challenges signal a period of potential accelerated growth for Persistent Systems, as it seeks to capitalize on the increasing demand for digital transformation and AI-powered solutions across industries.