Persistent Systems Ltd.

Persistent Systems has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 21.52% in its net profit at Rs 61.00 crore for the quarter under review as compared to Rs 77.73 crore for the same quarter in the previous year. However, total income of the company increased by 12.09% at Rs 510.27 crore for Q3FY19 as compared Rs 455.22 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 0.05% in its net profit at Rs 91.72 crore for the quarter under review as compared to Rs 91.67 crore for the same quarter in the previous year. Total income of the company increased by 9.38% at Rs 887.24 crore for Q3FY19 as compared Rs 811.17 crore for the corresponding quarter previous year.