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Persistent Systems Ltd.
BSE: 533179 | NSE: PERSISTENT
Mid Cap | IT - Software
6298.90
-104.20 (-1.63%) Persistent Systems reports 16% rise in Q3 consolidated net profit
Date: 27-01-2015Persistent Systems has reported results for third quarter ended December 31, 2014.
The company has registered 1.21% rise in its net profit at Rs 61.15 crore for the quarter under review as compared to Rs 60.42 crore for the same quarter in the previous year. Total income of the company has increased 11.23% at Rs 348.15 crore for Q3FY15 as compared Rs 313.01 crore for the corresponding quarter previous year.
On the consolidated basis, the company’s net profit rose 15.98% to Rs 74.46 crore for the Q3 FY15 as compared to Rs 64.20 crore in Q3 FY14. Moreover, the total income surged 17.73% to Rs 519.38 crore in the quarter under review as compared to Rs 441.17 crore in the corresponding quarter previous year.