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Persistent Systems’ Q2 revenue rises 20 per cent to USD 487.6 million, but net profit falls 25.4 per cent to Rs 351.5 crore; company secures 94.04 per cent stake in Nagarro as it advances acquisition plans.Persistent Systems reported a 25.4 per cent year-on-year (YoY) decline in consolidated net pr…
Investors will look at Persistent Systems' September quarter performance, where net profit fell 27.1% sequentially to Rs 352 crore despite an 8.4% rise in revenue to Rs 4,664 crore, alongside contrasting brokerage views on the stock
Persistent Systems' Q2 FY27 profit fell 25.44% to ₹351.51 crore, while revenue rose 30.25% to ₹4,663.9 crore.