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Persistent Systems reports 19% rise in Q2 consolidated net profit

26 Oct 2020 Evaluate

Persistent Systems has reported results for second quarter ended September 30, 2020.

The company has reported 10.10% rise in its net profit of Rs 117.64 crore for the quarter under review as against net profit of Rs 106.85 crore for the same quarter in the previous year. Total income of the company increased 10.63% at Rs 616.90 crore for Q2FY21 as compared Rs 557.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 18.50% rise in its net profit at Rs 101.99 crore for the quarter under review as against net profit of Rs 86.07 crore for the same quarter in the previous year. Total income of the company increased by 10.99% at Rs 1024.24 crore for Q2FY21 as compared Rs 922.85 crore for the corresponding quarter previous year.

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