Persistent Systems Ltd.

BSE: 533179 | NSE: PERSISTENT
Mid Cap | IT - Software
6403.10
132.60 (2.11%)
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Persistent Systems reports 24% rise in Q4 net profit

Date: 23-04-2012

Persistent Systems has reported results for fourth quarter ended March 31, 2012.

The company has posted a rise of 24.39% in its net profit at Rs 41.21 crore for the quarter ended March 31, 2012 as compared to Rs 33.13 crore for the same quarter in the previous year. Total income has increased by 27.16% at Rs 270.62 crore for quarter under review as compared to Rs 212.82 crore for the quarter ended March 31, 2011.

Persistent Systems is an OPD specialty company offering customers the benefits of offshore delivery. It designs, develops and maintains software systems and solutions, creates new applications and enhances the functionality of the customers' existing software products.