Persistent Systems' ESG Rating Climbs to 81.7 for FY 2024-25

1 min read     Updated on 18 Sept 2025, 09:05 PM
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Shriram ShekharScanX News Team
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Overview

Persistent Systems received an ESG rating of 81.7 for FY 2024-25 from SES ESG Research Pvt. Ltd., a 4.30 point increase from the previous year. The assessment, based on the company's annual report, ESG report, and public information, reflects Persistent's commitment to enhancing its ESG practices. The company voluntarily underwent this evaluation, demonstrating transparency and accountability in ESG matters.

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*this image is generated using AI for illustrative purposes only.

Persistent Systems , a leading technology services company, has demonstrated significant progress in its Environmental, Social, and Governance (ESG) practices, as reflected in its latest ESG rating. The company received an ESG rating of 81.7 for the fiscal year 2024-25 from SES ESG Research Pvt. Ltd., a SEBI-registered ESG Rating Provider.

Improved ESG Performance

The new rating represents a notable increase of 4.30 points from the previous fiscal year 2023-24, highlighting Persistent Systems' commitment to enhancing its ESG practices. This improvement suggests that the company has made substantial strides in addressing various environmental, social, and governance factors that are increasingly important to investors and stakeholders.

Assessment Methodology

SES ESG Research, a wholly owned subsidiary of Stakeholders Empowerment Services, conducted a comprehensive assessment of Persistent Systems' ESG practices. The evaluation was based on multiple sources of information, including:

  • The company's Annual Report for FY 2024-25
  • Persistent Systems' ESG Report for FY 2024-25
  • ESG-related web pages of the company
  • Other publicly available information

This multi-faceted approach ensures a thorough and objective assessment of the company's ESG performance across various dimensions.

Voluntary Disclosure and Transparency

According to the LODR data, Persistent Systems voluntarily underwent this ESG assessment, demonstrating its proactive approach to transparency and accountability in ESG matters. The company promptly disclosed this information to the National Stock Exchange of India Limited and BSE Limited, underlining its commitment to keeping investors and regulatory bodies informed about its ESG progress.

Implications for Investors

The improved ESG rating could be of particular interest to investors who prioritize sustainable and responsible business practices. As ESG factors continue to gain prominence in investment decision-making processes, Persistent Systems' enhanced rating may positively influence its attractiveness to ESG-conscious investors and potentially impact its long-term value proposition.

Conclusion

Persistent Systems' improved ESG rating reflects the company's ongoing efforts to integrate sustainable practices into its business operations. As companies increasingly face scrutiny over their environmental impact, social responsibility, and governance structures, this rating improvement positions Persistent Systems favorably in the eyes of stakeholders and potentially in the broader market landscape.

Investors and market observers will likely keep a close watch on how this improved ESG performance translates into tangible business outcomes and long-term sustainability for Persistent Systems.

Historical Stock Returns for Persistent Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%+2.71%-0.63%+13.01%-5.11%+692.93%
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Persistent Systems Clinches 'Growth Honor of the Year' at 2025 Everest Group Elevate Honors

2 min read     Updated on 17 Sept 2025, 12:52 PM
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Reviewed by
Riya DeyScanX News Team
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Overview

Persistent Systems has been awarded the 'Growth Honor of the Year' at the 2025 Everest Group Elevate Honors, recognizing its exceptional performance among firms with $1-5 billion annual revenues. The company has shown consistent growth with 21 sequential quarters of revenue growth, $1,470.70 million in trailing twelve-month revenue, and a 25.60% four-year CAGR. Persistent has delivered a five-year shareholder return of 1,805.20% and aims to become a $5 billion company by FY31. The company's success is attributed to client trust, strong partnerships, disciplined execution, and focus on AI-led, platform-driven services strategy.

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*this image is generated using AI for illustrative purposes only.

Persistent Systems , a global leader in Digital Engineering and Enterprise Modernization, has been awarded the prestigious 'Growth Honor of the Year' at the 2025 Everest Group Elevate Honors. This recognition highlights the company's exceptional performance among firms with annual revenues between $1-5 billion.

Remarkable Growth Trajectory

The award acknowledges Persistent's market-leading organic, constant-currency revenue growth among publicly listed global service providers. The company has demonstrated consistent growth with:

  • 21 sequential quarters of revenue growth
  • $1,470.70 million in trailing twelve-month revenue as of Q1 FY26
  • 25.60% four-year CAGR from FY21-FY25
  • 17.40% CAGR since its IPO in 2010

Impressive Shareholder Returns

Persistent Systems has delivered exceptional value to its investors, boasting a five-year shareholder return of 1,805.20%. This remarkable performance underscores the company's commitment to long-term value creation.

Strategic Growth Drivers

Sandeep Kalra, Chief Executive Officer and Executive Director of Persistent Systems, attributed the company's success to several key factors:

  1. Client trust and global team passion
  2. Strong partnerships
  3. Disciplined execution
  4. Innovation mindset
  5. Focus on AI-led, platform-driven services strategy

Kalra stated, "Our disciplined execution and innovation mindset, combined with our focus on AI-led, platform-driven services strategy, have powered our growth and enabled us to drive measurable outcomes for our clients."

Future Aspirations

Persistent Systems has set an ambitious goal to become a $5 billion company by FY31. The company remains committed to accelerating its growth momentum and setting new benchmarks for performance in the industry.

About the Everest Group Elevate Honors

The Elevate Honors, determined through Everest Group's independent, analyst-driven research, recognize companies solely on performance merit. This acknowledgment underscores both differentiation and consistency in financial results.

Ronak Doshi, Partner at Everest Group, commented on the recognition program: "Elevate Honors recognitions are based on Everest Group's independent, fact-based, analyst-driven research. Honorees are selected based on objective, data-driven analysis and serves as third-party validation of high performance and excellence."

Company Profile

Persistent Systems, headquartered in Pune, India, offers a comprehensive suite of services, including software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. With over 25,000 employees across 18 countries, the company is committed to innovation and client success.

Persistent has achieved carbon neutrality and is included in key indices such as the MSCI India Index, Nifty Midcap 50, Nifty IT, and S&P BSE SENSEX Next 50. The company has also been recognized as one of America's Greatest Workplaces for Inclusion & Diversity 2025 by Newsweek and Plant A Insights Group.

As Persistent Systems continues to set new standards in the IT services industry, this latest accolade from the Everest Group further cements its position as a growth leader in the global market.

Historical Stock Returns for Persistent Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%+2.71%-0.63%+13.01%-5.11%+692.93%
Persistent Systems
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