Persistent Systems Limited has scheduled an investor/analyst session with American Century Investments, as communicated to the National Stock Exchange of India Limited and BSE Limited through an official filing dated January 28, 2026.

Session Details

The interaction is scheduled for February 2, 2026, and will be conducted in virtual mode as a one-on-one session. Key parameters of the meeting include:

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and amendments thereto. The company emphasized that no unpublished price-sensitive information will be shared during the session.

Content Framework

Persistent Systems indicated that the session will reiterate information previously communicated during the earnings call held on January 20, 2026. This earnings call covered the company's performance for:

• Quarter ended December 31, 2025
• Nine months ended December 31, 2025

The company referenced its earlier communication under reference number NSE & BSE / 2025-26 / 200 dated January 20, 2026, and provided a weblink to the Analyst Presentation and Factsheet Q3FY26 for additional information.

Administrative Details

The filing was digitally signed by Amit Murari Atre, Company Secretary with ICSI Membership No. ACS 20507, on January 28, 2026, at 18:45:58 +05'30'. The communication was addressed to both major Indian stock exchanges where Persistent Systems shares are listed under symbol PERSISTENT (NSE) and scrip code 533179 (BSE).

Persistent Systems delivered robust financial performance in Q3 FY26 ended December 31, 2025, showcasing strong revenue growth and successful AI platform monetization during its earnings call held on January 20, 2026.

Financial Performance Highlights

The company achieved significant growth across key metrics, with revenue reaching $422.5 million for the quarter. This performance reflects the company's consistent execution and market positioning.

The company maintained its impressive growth trajectory, marking the 23rd consecutive quarter of revenue growth with trailing twelve-month revenue standing at $1.6 billion.

Margin Dynamics and AI Platform Impact

Despite facing headwinds from wage hikes and new labor code provisions, Persistent Systems demonstrated resilience through strategic AI platform monetization. The quarter saw a one-time impact of 230 basis points on EBIT margin due to increased provisioning for gratuity and leave encashment under India's New Labour Code.

However, the company achieved a remarkable 150 basis points margin improvement through AI platform and tool-driven pricing models. Excluding the one-time labor code impact, EBIT margin would have been 16.7%, representing a 40 basis point improvement quarter-on-quarter.

Strong Order Book and Client Growth

The company's order book performance remained robust with Total Contract Value reaching $674.5 million, including $369.1 million from new bookings. Annual Contract Value stood at $501.9 million, with new bookings contributing $255.8 million.

Client relationships continued strengthening across all revenue buckets:

• Top 5 customers grew by 25.6% year-on-year
• Top 10 customers expanded by 28.3%
• Top 20 customers increased by 26.3%
• Customers with $75 million+ annual revenue grew from 3 to 4
• Customers with $5 million+ revenue increased significantly from 47 to 61

Geographic and Vertical Performance

The company demonstrated broad-based growth across geographies and industry verticals. North America revenue grew 18.6% year-on-year, while Europe expanded by 22.0%. The BFSI vertical led growth with 29.3% expansion, followed by Software Hi-Tech and Emerging Industries at 14.7%.

AI Innovation and Platform Development

Persistent Systems showcased significant progress in AI implementation both internally and for clients. The company's AssistX platform now includes multiple AI agents across various business functions, with measurable productivity improvements. Notable achievements include PiAssist resolving 83% of HR queries autonomously and ITAssist reducing incident resolution time from 3 hours to under 30 minutes.

Dividend Declaration and Capital Allocation

The Board of Directors declared an interim dividend of ₹22 per share on face value of ₹5 per share, representing an increase from the previous year's ₹20 per share. This demonstrates the company's commitment to maintaining consistent dividend payout ratios while supporting growth through strategic investments.

Outlook and Strategic Direction

Management expressed confidence in maintaining growth momentum while progressing toward long-term aspirations of $2 billion revenue by March 2027 and $5 billion by March 2031. The company's focus on AI-driven platform development and customer-centric solutions positions it well for sustained growth in the evolving technology services landscape.