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SEBI-Registered Research Analyst · INH000016092 · View advisor profile
PERSISTENT Q1 FY27 RESULTS: Revenue Increases
PERSISTENT
Revenue grew 16.1% YoY to $452.4 million, continuing Persistent's industry-leading growth.
EBIT increased 32.7% YoY, much faster than revenue, indicating strong operating leverage.
EBIT margin remained healthy at 16.0%, despi…
Always look for Future and not the past of the stock.
Everyone's favourite #IT stocks are down by 50% from their highs on an avg that too after destroying 3 years. When the world is going towards AI,these companies are still in traditional IT services having declining/static revenue and busy…
