PERSISTENT · Information Technology
Persistent Systems Ltd. reported revenue of ₹2,498 cr for October to December 2023, — on the year and +3.6% on the quarter.
Operating profit (EBITDA) was ₹442 cr, a margin of 17.7%, — on the year and +90 bps on the quarter.
Net profit was ₹286 cr, — on the year and +8.7% on the quarter, with earnings per share of ₹18.59.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2,412 cr | ₹2,498 cr | ₹2,591 cr | ₹2,737 cr | ₹2,897 cr | ₹3,062 cr | ₹3,242 cr | ₹3,334 cr | ₹3,581 cr | ₹3,778 cr | ₹4,056 cr | ₹4,303 cr |
| YoY | — | — | — | +18% | +20% | +23% | +25% | +22% | +24% | +23% | +25% | +29% |
| EBITDA margin | 16.8% | 17.7% | 17.5% | 16.6% | 16.6% | 17.6% | 18.0% | 18.4% | 19.1% | 19.4% | 18.9% | 16.2% |
| Other income, % of PBT | 10% | 10% | 8% | 8% | 11% | 9% | 4% | 10% | 8% | −9% | 5% | 11% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 26% | 26% | 20% | 24% | 25% | 23% | 22% | 23% | 24% | 22% | 21% | 22% |
| Net profit | ₹263 cr | ₹286 cr | ₹315 cr | ₹306 cr | ₹325 cr | ₹373 cr | ₹396 cr | ₹425 cr | ₹471 cr | ₹439 cr | ₹529 cr | ₹483 cr |
| YoY | — | — | — | +34% | +24% | +30% | +26% | +39% | +45% | +18% | +34% | +14% |
| Core profit YoY | — | — | — | +30% | +22% | +25% | +34% | +35% | +46% | +40% | +32% | +10% |
| EPS | ₹17.11 | ₹18.59 | ₹20.47 | ₹19.89 | ₹21.02 | ₹24.12 | ₹25.59 | ₹27.17 | ₹30.15 | ₹27.86 | ₹33.55 | ₹30.62 |
| Flags | · | · | · | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Persistent Systems Ltd. reported revenue of ₹2,498 cr (— on the year) and net profit of ₹286 cr (— on the year) for October to December 2023.
None of the 2 checks that could run raised a question.
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