PERSISTENT

Q3 Results: Net profit climbed 18% year-on-year to ₹439 crore; the company announced a dividend of ₹22 per share.

Synopsis:

continued to deliver solid quarterly performance, supported by sustained demand for data, cloud, and digital engineering solutions. While revenue and earnings showed healthy year-on-year growth, margins came under mild pressure sequentially due to the one-time impact of labour code implementation. Detailed Update: IT services firm Persistent Systems reported a stable growth trajectory in the December quarter (Q3FY26), with revenue increasing 17% year-on-year and profit after tax rising 18%. Sequential profitability softened marginally owing to labour code-related costs. However, the company highlighted continued strength in client spending on data, cloud, and digital engineering services, which remained key growth drivers across major industry verticals. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.