Persistent Systems - Quaterly Results
Date: 20-01-2024
The Sales for the quarter ended December 2023 of Rs. 16694.13 millions rose by 27.71% from Rs. 13072.29 millions.A comparatively good net profit growth of 42.15% to Rs. 2597.65 millions was reported for the quarter ended December 2023 compared to Rs. 1827.46 millions of previous same quarter.Operating profit surged to 3937.98 millions from the corresponding previous quarter of 3090.66 millions.
| | Quarter ended | Year to Date | Year ended |
| | 202312 | 202212 | % Var | 202312 | 202212 | % Var | 202303 | 202203 | % Var |
| Sales | 16694.13 | 13072.29 | 27.71 | 48833.15 | 36340.71 | 34.38 | 51175.53 | 35754.80 | 43.13 |
| Other Income | 396.31 | 283.03 | 40.02 | 1293.04 | 627.96 | 105.91 | 738.71 | 1324.57 | -44.23 |
| PBIDT | 3937.98 | 3090.66 | 27.42 | 11940.08 | 8400.15 | 42.14 | 12275.11 | 10026.96 | 22.42 |
| Interest | 43.87 | 35.34 | 24.14 | 129.27 | 84.52 | 52.95 | 130.97 | 68.78 | 90.42 |
| PBDT | 3894.11 | 2758.77 | 41.15 | 11810.81 | 8019.08 | 47.28 | 11847.59 | 9958.18 | 18.97 |
| Depreciation | 412.78 | 341.65 | 20.82 | 1209.67 | 958.42 | 26.22 | 1344.87 | 837.57 | 60.57 |
| PBT | 3481.33 | 2417.12 | 44.03 | 10601.14 | 7060.66 | 50.14 | 10502.72 | 9120.61 | 15.15 |
| TAX | 883.68 | 589.66 | 49.86 | 2584.06 | 1733.36 | 49.08 | 2591.44 | 2261.95 | 14.57 |
| Deferred Tax | -107.66 | -6.54 | 1546.18 | -140.36 | -78.80 | 78.12 | -115.06 | 11.86 | -1070.15 |
| PAT | 2597.65 | 1827.46 | 42.15 | 8017.08 | 5327.30 | 50.49 | 7911.28 | 6858.66 | 15.35 |
| Equity | 769.25 | 764.25 | 0.65 | 769.25 | 764.25 | 0.65 | 764.25 | 764.25 | 0.00 |
| PBIDTM(%) | 23.59 | 23.64 | -0.23 | 24.45 | 23.11 | 5.78 | 23.99 | 28.04 | -14.47 |