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Persistent Systems reports 25% rise in Q4 consolidated net profit

22 Apr 2024 Evaluate

Persistent Systems has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported fall of 28.81% in its net profit at Rs 183.96 crore for the quarter under review as compared to Rs 258.40 crore for the same quarter in the previous year. However, total income of the company increased by 11.48% at Rs 1666.08 crore for Q4FY24 as compared Rs 1494.56 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported rise of 25.37% in its net profit at Rs 315.32 crore for fourth quarter ended March 31, 2024 as compared to Rs 251.51 crore for the same quarter in the previous year. Total income of the company increased by 15.82% at Rs 2621.31 crore for Q4FY24 as compared Rs 2263.30 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 24.59% rise in its net profit at Rs 985.67 crore as compared to Rs 791.13 crore for the previous year. Total income of the company increased by 28.65% at Rs 6678.70 crore for year under review as compared to Rs 5191.42 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 18.72% rise in its net profit at Rs 1093.49 crore as compared to Rs 921.09 crore for the previous year. Total income of the company increased by 18.15% at Rs 9949.61 crore for year under review as compared to Rs 8421.21 crore for year ended March 31, 2023.

Persistent Systems Share Price

5475.00 32.25 (0.59%)
20-Apr-2026 10:47 View Price Chart
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