PERSISTENT

Business Segments

Digital Engineering & Enterprise Modernization – Core vertical that focuses on product development, cloud migration, and modernization of legacy systems. Data & AI – Offers data platforms, analytics, and AI-driven automation solutions. Cloud & Infrastructure – Provides managed cloud services and enterprise cloud integration. CX Transformation – Focused on enhancing customer experiences through design-led digital solutions. Persistent’s business mix is more diversified toward technology and BFSI clients, with an increasing contribution from healthcare and life sciences. Recent Financial Performance (FY25–FY26) Persistent has been among the fastest-growing mid-tier IT firms, consistently outpacing industry peers. In the latest reported quarter (Q1 FY26), revenue grew around 12–14% year-on-year, with strong traction in BFSI and healthcare segments. Net profit rose by roughly 10% YoY, maintaining a healthy operating margin of about 14–15%. The company continues to win large multi-year digital transformation deals from US and European clients. Balance sheet remains robust with low debt and strong cash flows, enabling continued investments in innovation and acquisitions.