Persistent Systems (NSE: PERSISTENT) – Double-Digit Profit Rise

Persistent Systems delivered robust Q2 earnings with net profit up 11% QoQ and 7% revenue growth to ₹3,040 crore, driven by digital transformation projects and AI-based orders from US clients. EBITDA margin improved to 16.3% from 15.5% sequentially.​ Investment Implications: Margin expansion amid cost pressures signals efficient execution and strong client stickiness. Actionable Insight: Maintain a bullish view; potential breakout above ₹3,950 may open upside towards ₹4,250 in the medium term.