Persistent Systems - Quaterly Results
Date: 25-04-2023
The sales for the March 2023 quarter moved up 43.33% to Rs. 14834.82 millions as compared to Rs. 10350.10 millions during the corresponding quarter last year.The company has announced a 32.86% increase in its profits to Rs . 2583.98 millions for the quarter ended March 2023 compared to Rs. 1944.85 millions in the corresponding quarter in the previous year.Operating Profit saw a handsome growth to 3874.96 millions from 2865.92 millions in the quarter ended March 2023.
| | Quarter ended | Year to Date | Year ended |
| | 202303 | 202203 | % Var | 202303 | 202203 | % Var | 202303 | 202203 | % Var |
| Sales | 14834.82 | 10350.10 | 43.33 | 51175.53 | 35754.80 | 43.13 | 51175.53 | 35754.80 | 43.13 |
| Other Income | 110.75 | 390.91 | -71.67 | 738.71 | 1324.57 | -44.23 | 738.71 | 1324.57 | -44.23 |
| PBIDT | 3874.96 | 2865.92 | 35.21 | 12275.11 | 10026.96 | 22.42 | 12275.11 | 10026.96 | 22.42 |
| Interest | 46.45 | 17.24 | 169.43 | 130.97 | 68.78 | 90.42 | 130.97 | 68.78 | 90.42 |
| PBDT | 3828.51 | 2848.68 | 34.40 | 11847.59 | 9958.18 | 18.97 | 11847.59 | 9958.18 | 18.97 |
| Depreciation | 386.45 | 258.34 | 49.59 | 1344.87 | 837.57 | 60.57 | 1344.87 | 837.57 | 60.57 |
| PBT | 3442.06 | 2590.34 | 32.88 | 10502.72 | 9120.61 | 15.15 | 10502.72 | 9120.61 | 15.15 |
| TAX | 858.08 | 645.49 | 32.93 | 2591.44 | 2261.95 | 14.57 | 2591.44 | 2261.95 | 14.57 |
| Deferred Tax | -36.26 | 36.21 | -200.14 | -115.06 | 11.86 | -1070.15 | -115.06 | 11.86 | -1070.15 |
| PAT | 2583.98 | 1944.85 | 32.86 | 7911.28 | 6858.66 | 15.35 | 7911.28 | 6858.66 | 15.35 |
| Equity | 764.25 | 764.25 | 0.00 | 764.25 | 764.25 | 0.00 | 764.25 | 764.25 | 0.00 |
| PBIDTM(%) | 26.12 | 27.69 | -5.67 | 23.99 | 28.04 | -14.47 | 23.99 | 28.04 | -14.47 |