Persistent Systems Ltd.

BSE: 533179 | NSE: PERSISTENT
Mid Cap | IT - Software
6295.65
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Persistent Systems reports 40% rise in Q1 consolidated net profit

Date: 22-07-2022

Persistent Systems has reported results for first quarter ended June 30, 2022.

The company has reported a rise of 74.38% in its net profit at Rs 174.88 crore for the quarter under review as compared to Rs 166.10 crore for the same quarter in the previous year. Total income of the company increased by 40.50% at Rs 1125.85 crore for Q1FY23 as compared Rs 799.30 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 39.91% in its net profit at Rs 211.61 crore for the quarter under review as compared to Rs 151.25 crore for the same quarter in the previous year. Total income of the company increased by 49.68% at Rs 1899.09 crore for Q1FY23 as compared Rs 1268.73 crore for the corresponding quarter previous year.