Persistent Systems Ltd.
132.60 (2.11%) Persistent Systems reports 8% rise in Q1 consolidated net profit
Date: 20-07-2023Persistent Systems has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 39.27% rise in its net profit at Rs 243.55 crore for the quarter under review as compared to Rs 174.88 crore for the same quarter in the previous year. Total income of the company increased by 39.76% at Rs 1573.47 crore for Q1FY24 as compared Rs 1125.85 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 8.11% rise in its net profit at Rs 228.77 crore for the quarter ended June 30, 2023 as compared to Rs 211.61 crore for the same quarter in the previous year. Total income of the company increased by 23.37% at Rs 2342.82 crore for Q1FY24 as compared Rs 1899.09 crore for the corresponding quarter previous year.