$PERSISTENT AI and Generative AI driving new opportunities

$PERSISTENT 1. Strong revenue growth continues Persistent Systems continues to outperform many peers in the mid-cap IT space, driven by strong demand for digital engineering and software services. Revenue growth remains supported by both organic expansion and strategic acquisitions. 2. AI and Generative AI driving new opportunities The company is aggressively expanding capabilities in: Generative AI Artificial Intelligence Data analytics Cloud modernization AI-related projects are becoming a significant contributor to deal wins. 3. Strong deal pipeline Persistent continues to secure large contracts from global clients across: Banking & Financial Services Healthcare Technology Telecom Deal momentum remains healthy despite global macroeconomic uncertainty. 4. Digital engineering remains the core strength The company has a strong reputation in: Product engineering Software development Cloud transformation Enterprise modernization These services continue to witness strong demand. 5. Margin improvement initiatives Management remains focused on: Better utilization Automation Cost efficiency Higher-value service offerings These efforts are helping support profitability. 6. Strategic acquisitions supporting growth Persistent continues to use targeted acquisitions to strengthen capabilities and expand its client base in key markets. 7. Strong presence in North America A large portion of revenue comes from North America, making client spending trends in the US an important factor for future growth.