Persistent Systems - Quaterly Results
Date: 18-07-2024
A decent increase of about 74.25% in the turnover to Rs. 26913.96 millions was observed for the quarter ended June 2024. The turnover stood at Rs. 15445.28 millions during the similar quarter previous year.Net profit for the quarter ended June 2024 increases to Rs. 2479.41 millions from Rs. 2435.49 millions.OP of the company witnessed a marginal growth to 3836.01 millions from 3664.65 millions in the same quarter last year.
| | Quarter ended | Year to Date | Year ended |
| | 202406 | 202306 | % Var | 202406 | 202306 | % Var | 202403 | 202303 | % Var |
| Sales | 26913.96 | 15445.28 | 74.25 | 26913.96 | 15445.28 | 74.25 | 65142.17 | 51175.53 | 27.29 |
| Other Income | 631.30 | 289.46 | 118.10 | 631.30 | 289.46 | 118.10 | 1644.86 | 738.71 | 122.67 |
| PBIDT | 3836.01 | 3664.65 | 4.68 | 3836.01 | 3664.65 | 4.68 | 14958.77 | 12275.11 | 21.86 |
| Interest | 74.69 | 41.76 | 78.86 | 74.69 | 41.76 | 78.86 | 169.84 | 130.97 | 29.68 |
| PBDT | 3761.32 | 3622.89 | 3.82 | 3761.32 | 3622.89 | 3.82 | 14788.93 | 11847.59 | 24.83 |
| Depreciation | 358.49 | 392.69 | -8.71 | 358.49 | 392.69 | -8.71 | 1623.64 | 1344.87 | 20.73 |
| PBT | 3402.83 | 3230.20 | 5.34 | 3402.83 | 3230.20 | 5.34 | 13165.29 | 10502.72 | 25.35 |
| TAX | 923.42 | 794.71 | 16.20 | 923.42 | 794.71 | 16.20 | 3308.64 | 2591.44 | 27.68 |
| Deferred Tax | 156.21 | -57.42 | -372.05 | 156.21 | -57.42 | -372.05 | -105.99 | -115.06 | -7.88 |
| PAT | 2479.41 | 2435.49 | 1.80 | 2479.41 | 2435.49 | 1.80 | 9856.65 | 7911.28 | 24.59 |
| Equity | 770.25 | 769.25 | 0.13 | 770.25 | 769.25 | 0.13 | 770.25 | 764.25 | 0.79 |
| PBIDTM(%) | 14.25 | 23.73 | -39.93 | 14.25 | 23.73 | -39.93 | 22.96 | 23.99 | -4.26 |