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Persistent Systems Ltd.
BSE: 533179 | NSE: PERSISTENT
Mid Cap | IT - Software
6436.00
32.90 (0.51%) Persistent Systems reports 4% rise in Q3 consolidated net profit
Date: 25-01-2016Persistent Systems has reported results for third quarter ended December 31, 2015.
The company has reported 1.83% fall in its net profit at Rs 60.02 crore for the quarter under review as compared to Rs 61.14 crore for the same quarter in the previous year. However, total income of the company has increased by 15.11% at Rs 400.76 crore for quarter under review as compared to Rs 348.14 crore for the quarter ended December 31, 2014.
On the consolidated basis, the company’s net profit rose 4.07% to Rs 77.48 crore for the Q3 FY16 as compared to Rs 74.46 crore in Q3 FY15. Moreover, the total income surged 17.59% to Rs 610.73 crore in the quarter under review as compared to Rs 519.38 crore in the corresponding quarter previous year.