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Persistent Systems reports 25% rise in Q4 consolidated net profit

25 Apr 2023 Evaluate

Persistent Systems has reported results for fourth quarter (Q4) and year ended March 31, 2023.

Persistent Systems has reported rise of 32.86% in its net profit at Rs 258.40 crore for the quarter under review as compared to Rs 194.49 crore for the same quarter in the previous year. Total income of the company increased by 39.15% at Rs 1494.56 crore for Q4FY23 as compared to Rs 1,074.10 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported rise of 25.14% in its net profit at Rs 251.51 crore for fourth quarter ended March 31, 2023 as compared to Rs  200.99 crore for the same quarter in the previous year. Total income of the company increased by 34.73% at Rs 2,263.30 crore for Q4FY23 as compared to Rs 1,679.93 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported rise of 15.35% in its net profit at Rs 791.13 crore as compared to Rs 685.87 crore for the previous year. Total income of the company increased by 40.01% at Rs 5,191.42 crore for year under review as compared to Rs 3707.94 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 33.42% rise in its net profit at Rs 921.09 crore as compared to Rs 690.39 crore for the previous year. Total income of the company increased by 43.84% at Rs 8,421.20 crore for year under review as compared to Rs 5,854.70 crore for year ended March 31, 2022.

Persistent Systems Share Price

5335.30 13.10 (0.25%)
21-Apr-2026 16:59 View Price Chart
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