Persistent Systems Ltd.

BSE: 533179 | NSE: PERSISTENT
Mid Cap | IT - Software
6403.10
132.60 (2.11%)
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Persistent Systems reports 36% rise in Q2 consolidated net profit

Date: 20-10-2022

Persistent Systems has reported results for second quarter ended September 30, 2022.

The company has reported a rise of 14.90% in its net profit at Rs 175.11 crore for the quarter under review as compared to Rs 152.40 crore for the same quarter in the previous year. Total income of the company increased by 41.17% at Rs 1235.48 crore for Q2FY23 as compared Rs 875.15 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 36.02% in its net profit at Rs 220.01 crore for the quarter under review as compared to Rs 161.75 crore for the same quarter in the previous year. Total income of the company increased by 48.64% at Rs 2056.70 crore for Q2FY23 as compared to Rs 1383.66 crore for the corresponding quarter previous year.