Persistent Systems Ltd.
32.90 (0.51%) Persistent Systems’ Q2 consolidated net slips 6%
Date: 24-10-2016Persistent Systems has reported results for second quarter ended September 30, 2016.
The company has reported 9.65% rise in its net profit at Rs 73.72 crore for the quarter under review as compared to Rs 67.23 crore for the same quarter in the previous year. Total income of the company increased by 19.79% at Rs 448.07 crore for the quarter under review as compared Rs 374.06 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 6.36% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 73.49 crore for the quarter ended September 30, 2016 as compared to Rs 78.48 crore for the same quarter in the previous year. However, total income of the company has increased by 27.83% to Rs 728.39 crore for quarter under review from Rs 569.82 crore for the quarter ended September 30, 2015.