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Persistent Systems reports 35% rise in Q3 consolidated net profit

19 Jan 2023 Evaluate

Persistent Systems has reported results for third quarter ended December 31, 2022.

The company has reported rise of 5.70% in its net profit at Rs 182.75 crore for Q3FY23 as compared to Rs 172.89 crore for the corresponding quarter previous year. Total income of the company increased by 39.21% to Rs 1335.53 crore for the quarter under review as compared to Rs 959.38 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 34.89% in its net profit at Rs 237.95 crore for Q3FY23 as compared to Rs 176.40 crore for the same quarter in the previous year. Total income of the company increased by 44.65% to Rs 2202.13 crore for the quarter under review as compared to Rs 1522.38 crore for the same quarter in the previous year.

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