Persistent Systems Ltd.

Persistent Systems has reported results for fourth quarter and year ended March 31, 2015

The company has posted a rise of 22.95% in its net profit at Rs 71.1 crore for the quarter ended March 31, 2015 as compared to Rs 57.83 crore for the same quarter in the previous year. Total income of the company has increased by 8.92% at Rs 346.2 crore for quarter under review as compared to Rs 317.85 crore for the quarter ended March 31, 2014.

On consolidated basis, the company has reported 13.19% rise in its net profit at Rs 76.05 crore for the quarter ended March 31, 2015 as compared to Rs 67.19 crore for the same quarter in the previous year. Total income of the company has soared by 13.50% at Rs 515.78 crore for quarter under review as compared to Rs 454.43 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the company has posted a rise of 4.31% in its net profit at Rs 259.29 crore as compared to Rs 248.57 crore for the same period in the previous year. Total income of company has surged by 9.80% at Rs 1338.16 crore for year under review as compared to Rs 1218.67 crore for the period ended March 31, 2014.

For the year ended March 31, 2015, on the consolidated basis, the company has posted a rise of 16.59% in its net profit at Rs 290.63 crore as compared to Rs 249.27 crore for the same period in the previous year. Total income of company has increased by 16.76% at Rs 1985.06 crore for year under review as compared to Rs 1700.16 crore for the period ended March 31, 2014.