Persistent Systems Ltd.
32.90 (0.51%) Persistent Systems reports 18% rise in Q3 consolidated net profit
Date: 23-01-2017Persistent Systems has reported results for third quarter ended December 31, 2016.
The company has reported 57.52% rise in its net profit at Rs 86.84 crore for the quarter under review as compared to Rs 55.13 crore for the same quarter in the previous year. Total income of the company increased by 23.70% at Rs 492.10 crore for the quarter under review as compared Rs 397.83 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 17.71% rise in its net profit after tax, minority interest and share of profit of associates at Rs 81.89 crore for the quarter ended December 31, 2016 as compared to Rs 69.57 crore for the same quarter in the previous year. Total Income of the company increased by 27.89% to Rs 777.33 crore for quarter under review from Rs 607.79 crore for the quarter ended December 31, 2015.