Persistent Systems Share Price

The newspaper publications dated August 3, 2026, are as enclosed.

• BSE India
• 10 hours 19 minutes ago

The intimation of the Proceedings of the 36th Annual General Meeting held on Monday, August 3, 2026, is as enclosed.

• BSE India
• 11 hours 24 minutes ago

<h3><span style="font-size:16px;"><strong>IT Consulting & Software company Persistent Systems announced Q1FY27 results</strong></span></h3> <p _ngcontent-ng-c3377174747=""><strong _ngcontent-ng-c3377174747="">Consolidated Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c3377174747="">Revenue from operations for Q1FY27 stood at Rs 43,032.27 million, representing a YoY increase of 29.09% from Rs 33,335.87 million in Q1FY26 and a QoQ increase of 6.10% from Rs 40,559.37 million in Q4FY26.</li> <li _ngcontent-ng-c3377174747="">Total income in Q1FY27 reached Rs 43,738.63 million, marking a growth of 29.09% YoY compared to Rs 33,882.49 million in Q1FY26 and a QoQ growth of 6.95% from Rs 40,894.29 million in Q4FY26.</li> <li _ngcontent-ng-c3377174747="">Profit before tax for Q1FY27 was Rs 6,231.01 million, reflecting a YoY growth of 12.19% from Rs 5,554.07 million in Q1FY26, while recording a QoQ decrease of 7.55% from Rs 6,739.81 million in Q4FY26.</li> <li _ngcontent-ng-c3377174747="">Profit for the quarter in Q1FY27 was Rs 4,830.43 million, showing a YoY growth of 13.67% from Rs 4,249.36 million in Q1FY26 and a QoQ decrease of 8.73% compared to Rs 5,292.60 million in Q4FY26.</li> <li _ngcontent-ng-c3377174747="">Total comprehensive income for the quarter stood at Rs 5,861.97 million in Q1FY27, compared to Rs 4,482.49 million in Q1FY26 and Rs 5,044.39 million in Q4FY26.</li> <li _ngcontent-ng-c3377174747="">Basic Earnings Per Share (EPS) for Q1FY27 was Rs 30.88, an increase from Rs 27.43 in Q1FY26 and a decrease from Rs 33.83 in Q4FY26.</li> </ul> <p _ngcontent-ng-c3377174747=""><strong _ngcontent-ng-c3377174747="">Standalone Financial Highlights:</strong></p> <ul> <li _ngcontent-ng-c3377174747="">Revenue from operations for Q1FY27 was Rs 41,178.01 million, reflecting a YoY growth of 26.39% from Rs 32,580.84 million in Q1FY26 and a QoQ growth of 4.03% from Rs 39,584.24 million in Q4FY26.</li> <li _ngcontent-ng-c3377174747="">Total income in Q1FY27 reached Rs 41,677.47 million, up by 26.15% YoY from Rs 33,037.10 million in Q1FY26 and up 3.67% QoQ from Rs 40,201.87 million in Q4FY26.</li> <li _ngcontent-ng-c3377174747="">Profit before tax for Q1FY27 stood at Rs 5,458.71 million, representing a YoY growth of 10.80% from Rs 4,926.72 million in Q1FY26 and a QoQ decline of 4.24% compared to Rs 5,700.70 million in Q4FY26.</li> <li _ngcontent-ng-c3377174747="">Profit for the quarter in Q1FY27 was Rs 4,020.24 million, showing a YoY increase of 9.46% from Rs 3,672.90 million in Q1FY26 and a QoQ decrease of 4.32% from Rs 4,201.59 million in Q4FY26.</li> <li _ngcontent-ng-c3377174747="">Total comprehensive income for Q1FY27 was Rs 4,933.25 million, compared to Rs 3,829.22 million in Q1FY26 and Rs 3,280.75 million in Q4FY26.</li> <li _ngcontent-ng-c3377174747="">Basic Earnings Per Share (EPS) for Q1FY27 stood at Rs 25.70, compared to Rs 23.71 in Q1FY26 and Rs 26.86 in Q4FY26.</li> </ul> <p _ngcontent-ng-c3377174747=""><strong _ngcontent-ng-c3377174747="">Business Highlights:</strong></p> <ul> <li _ngcontent-ng-c3377174747="">The Board approved the proposed acquisition of up to 100% of the outstanding share capital of Nagarro SE, a global digital engineering and IT consulting company, at a price of EUR 81 per share.</li> <li _ngcontent-ng-c3377174747="">The company entered into a Share Purchase Agreement to acquire an initial 21% shareholding of Nagarro SE through its subsidiary, BidCo.</li> <li _ngcontent-ng-c3377174747="">The Board approved the issuance of a Corporate Guarantee up to EUR 1,540 million to secure a bridge financing facility of EUR 1,400 million from Barclays Bank PLC for the Nagarro SE acquisition.</li> <li _ngcontent-ng-c3377174747="">Persistent Systems Ireland Operations Limited established a new subsidiary in Estonia and acquired part of the business of Concise Systems OÜ on July 1, 2026.</li> <li _ngcontent-ng-c3377174747="">The Board approved the proposal for the merger of MediaAgility India Private Limited, a wholly-owned subsidiary, into Persistent Systems Limited.</li> <li _ngcontent-ng-c3377174747="">The merger of Arrka Infosec Private Limited with the parent company became effective on May 12, 2026, and has been restated in the financial results from April 1, 2025.</li> <li _ngcontent-ng-c3377174747="">Banking, Financial Services and Insurance (BFSI) segment revenue in Q1FY27 was Rs 14,630.86 million, marking a YoY growth of 29.46% and a QoQ growth of 4.78%.</li> <li _ngcontent-ng-c3377174747="">Healthcare & Life Sciences segment revenue reached Rs 10,910.51 million in Q1FY27, representing a YoY increase of 29.47% and a QoQ increase of 2.32%.</li> <li _ngcontent-ng-c3377174747="">Software, Hi-Tech and Emerging Industries segment revenue stood at Rs 17,490.90 million in Q1FY27, showing a YoY growth of 28.54% and a QoQ growth of 9.77%.</li> </ul> <p><strong>Sandeep Kalra, Chief Executive Officer & Executive Director, Persistent, said:</strong> “We marked our 25th sequential quarter of revenue growth to begin FY27, delivering 3.8% quarter-over-quarter and 16.1% year-over-year revenue growth, along with an EBIT margin of 16.0%.</p> <p>This performance was underpinned by a record quarterly Total Contract Value (TCV) of USD 1.15 billion, reflecting continued momentum in larger client engagements, including a 6.5-year strategic services agreement with a leading global technology company with a TCV of more than USD 650 million.</p> <p>We signed a Business Combination Agreement with Nagarro, a leading European digital engineering company listed on the Frankfurt Stock Exchange. This transaction is in line with the M&A strategy we have consistently outlined to strengthen our capabilities and expand our geographic footprint and industry coverage.</p> <p>As enterprises increasingly look to scale AI across their businesses, we believe the differentiator will not be the model itself, but the ability to create a unified Enterprise Context from business logic, data and enterprise experience embedded across the organization. We continue to invest in this capability through our 3C framework, AI-driven platforms, helping clients build more Intelligent Enterprises, reshape their operating models and realize greater value from AI.</p> <p>We thank our clients, partners, employees and shareholders for their continued trust and support as we continue to strengthen Persistent for the opportunities ahead.”</p> <p><a class="lb" href="/get-document/post/pdf/5760398/" target="_blank">Result PDF</a></p>

• Trendlyne
• 20 hours 41 minutes ago