‹ All Posts
Chahat Aggrawal

25th Jul 2025 · SEBI-Registered Analyst

Persistent Systems CEO Sees US Tariff Clarity Ahead; Reports Strong Q1 Growth

🌍

PERSISTENT
CEO Sandeep Kalra anticipates US tariff and demand uncertainties to ease within the next three quarters, aided by upcoming US elections. The company posted $389.7M in Q1FY26 revenue—up 3.9% QoQ and 18.8% YoY—marking its 21st consecutive growth quarter. EBIT margin rose to 15.5%, and total contract value hit $520M. BFSI led gains, especially in North America, while Europe posted 37.5% YoY growth. Healthcare dipped 2% due to US funding issues but is expected to rebound. Domestic revenue stood at 18.3%. Shares closed 7.68% lower at ₹5,175.

#FundamentalViews
584 likes·73 comments