Persistent Systems Ltd.

Persistent Systems has reported results for first quarter ended June 30, 2016.

The company has reported 5.17% rise in its net profit at Rs 79.67 crore for the quarter ended June 30, 2016 as compared to Rs 75.75 crore for the same quarter in the previous year. The company’s total income increased by 25.48% to Rs 442.07 crore for the quarter under review from Rs 352.30 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 30.53% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 73.29 crore for the quarter ended June 30, 2016 as compared to Rs 56.15 crore for the same quarter in the previous year . Total Income of the company increased by 40.79% to Rs 727.13 crore for the quarter under review from Rs 516.46 crore for the same quarter ended June 30, 2015