Persistent Systems Ltd.
132.60 (2.11%) Persistent Systems reports 20% rise in Q3 consolidated net profit
Date: 22-01-2024Persistent Systems has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported 42.15% rise in net profit at Rs 259.77 crore for the quarter ended December 31, 2023 as compared to Rs 182.75 crore for the same quarter in the previous year. Total income of the company increased by 27.97% at Rs 1709.04 crore for Q3FY24 as compared Rs 1335.53 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported 20.25% rise in its net profit at Rs 286.13 crore for Q3FY24 as compared to Rs 237.95 crore for the same quarter in the previous year. Total income of the company increased by 15.19% at Rs 2536.53 crore for Q3FY24 as compared Rs 2202.13 crore for corresponding quarter of the previous year.