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Persistent Systems reports 46% rise in Q3 consolidated net profit

21 Jan 2022 Evaluate

Persistent Systems has reported results for third quarter ended December 31, 2021.

The company has reported a rise of 37.32% in its net profit at Rs 172.89 crore for the quarter under review as compared to Rs 125.90 crore for the same quarter in the previous year. Total income of the company increased by 42.09% at Rs 959.38 crore for Q3FY22 as compared Rs 675.18 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 45.88% in its net profit at Rs 176.40 crore for the quarter under review as compared to Rs 120.92 crore for the same quarter in the previous year. Total income of the company increased by 37.72% at Rs 1522.38 crore for Q3FY22 as compared Rs 1105.41 crore for the corresponding quarter previous year.

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