Persistent Systems
5,150.50
-23.50(-0.45%)
Market Cap₹80,921.40 Cr
PE Ratio53.26
Company Performance:
1D-0.45%
1M-15.68%
6M-15.03%
1Y+9.19%
5Y+1,103.81%
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More news about Persistent Systems
18Jul 25
Persistent Systems Ltd. Sees Significant Block Trade on NSE
A significant block trade of approximately 29,370 shares of Persistent Systems occurred on the National Stock Exchange (NSE). The transaction was valued at Rs. 16.41 crore, with shares priced at Rs. 5,588.00 each. This large-scale trade highlights ongoing interest in the company's stock among major investors, though it may not necessarily indicate a shift in overall market sentiment.
01Jul 25
Persistent Systems CEO's Compensation Skyrockets to ₹148 Crore Amid Strong Financial Performance
Persistent Systems' CEO Sandeep Kalra received a total compensation of ₹148.00 crore, a 93% increase from the previous year, with 90% in stock options. The company reported robust financial results, including a 25% increase in net profit to $166.00 million and revenue of $1.40 billion. Persistent Systems has maintained 20 consecutive quarters of growth and aims to reach $2.00 billion in revenue by FY27.
12Jun 25
Persistent Systems Soars: 1,962% Return in Five Years, Strong Q4 Performance
Persistent Systems Ltd. reported impressive Q4 financial results, with revenue reaching Rs 3,242 crore, up 5.9% QoQ. Net profit increased by 6.1% to Rs 396 crore. The company's EBIT margin improved to 15.6%, up from 14.9% in the previous quarter. The stock closed at Rs 5,965.50, marking a 0.33% increase in the latest trading session. Persistent Systems has delivered a 1,962.71% return over the past five years and a 54.5% gain in the current year.
06May 25
Persistent Systems Surges 25% in Four Weeks, Reaffirms $2 Billion Revenue Target
Persistent Systems has experienced a 25% stock price increase over the past four weeks, following robust Q4 performance. The company reported a 5.9% sequential revenue growth to ₹3,242.00 crore and a 6.1% profit increase to ₹396.00 crore. Operating margin expanded to 15.60%. Persistent Systems maintains its target of $2 billion revenue by FY27, supported by increased deal bookings and growing client base in higher-value contracts. The company recently engaged with investors, including a virtual interaction with Jetha Global and a rescheduled session with Sumitomo Mitsui DS Asset Management.
24Apr 25
Persistent Systems Declares ₹15 Final Dividend, Welcomes CFO to Board
Persistent Systems declared a final dividend of ₹15 per share, bringing the total annual dividend to ₹35. The company appointed CFO Vinit Teredesai to the Board. Q4 FY25 results show 20.7% YoY revenue growth to $375.20M, with EBIT at ₹5,052.90M (34.9% YoY growth) and PAT at ₹3,957.60M (25.5% YoY growth). The company also announced new auditors and approved a merger with its subsidiary.
24Apr 25
Persistent Systems: Q4 Profit Surges 25%, Dividend Announced
Persistent Systems announced robust financial results for Q4 and FY25. Q4 revenue reached Rs 3,242.11 crore, up 25.2% YoY, with net profit rising to Rs 395.76 crore, up 25.5% YoY. FY25 annual revenue grew to $1,409.10 million, an 18.8% increase from FY24. The company declared a final dividend of Rs 15 per share, bringing the total FY25 dividend to Rs 35 per share. Persistent maintained focus on AI-led transformation and strengthened partnerships with major cloud providers. The company aims to achieve $2 billion in annual revenue by FY27, focusing on AI-led platform-driven services for future growth.
11Apr 25
Persistent Systems Strengthens Position with NCLT Approval of Capiot Software Merger
Persistent Systems Limited has received NCLT Mumbai's approval for merging its wholly-owned subsidiary, Capiot Software Private Limited. The merger, effective from April 1, 2024, aims to streamline operations, reduce costs, and enhance capabilities in the IT services sector. The consolidation is expected to simplify corporate structure, achieve synergies, and improve operational efficiency. The merger order includes directives on regulatory compliance and employee transfer terms.
Persistent Systems
5,150.50
-23.50
(-0.45%)
1 Year Returns:+9.19%
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