Dividend Stock Alert: Computers, software and consulting company Persistent Systems has announced a final dividend of Rs 18 per equity share for the financial year ended March 31, 2026. The dividend will be paid will be paid within 30 days of its declaration, to shareholders whose names appear in the Register of Members as of the record date.
The company’s 36th Annual General Meeting (AGM) is scheduled to be held on Monday, August 3, 2026, through Video Conferencing (VC) and Other Audio-Visual Means (OAVM).
The dividend has been recommended from the company’s profits for the financial year 2025-26. July 27, 2026, has been fixed as the record date to determine shareholders’ eligibility for the dividend.
Persistent Systems reported a 33.73 per cent growth in consolidated net profit to Rs 529.26 crore in the January-March quarter of FY26. It had posted a net profit of Rs 395.76 crore in the same period last fiscal, according to regulatory filings.
The company’s revenue from operations increased by about 25 per cent to Rs 4,055.93 crore in Q4 FY26, as compared to Rs 3,242.11 crore in Q4 FY26. Persistent Systems noted a statutory impact of Rs 89 crore on account of the implementation of the new labour codes.
Sequentially, profit and revenue rose by 20.43 per cent and 7.35 per cent over the previous quarter (October-December), respectively. In the full fiscal year of 2025-26, Persistent’s profit climbed 33.20 per cent to Rs 1,865.12 crore, from Rs 1,400.16 crore in FY25. Revenue from operations stood at Rs 14,748.44 crore in FY26, reflecting a 23.53 per cent hike over the previous fiscal year.
Persistent Systems share price
Shares of Persistent Systems closed at Rs 5,203.15 per share on Friday, July 24, up 4.03 per cent from the previous close of Rs 5,001.75 per share. During the day the counter swung between Rs 5,213.95 and Rs 4,965.00 per share.
The stock reached its 52-week high level on December 23, 2025 at Rs 6,597 per share; while 52-week low level came on June 30, 2026 at Rs 4,242.65 per share.
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
Akshat Mittal is the Chief Copy Editor at ET NOW with over 6 years of experience, specialising in Markets, Personal Finance, and General News. Before joining ET NOW, he worked with prominent media organisations and has reported on numerous major events firsthand.
He has also conducted several high-profile interviews on topics such as the 8th Pay Commission and the IMF’s loan to Pakistan amid Operation Sindoor.
Akshat has been involved in numerous key business launches, covering these events on the ground. His articles are widely published in national magazines and newspapers, where he has conducted several interviews with prominent political figures.
He was the first to bring out the IMF spokesperson’s statement on the voting pattern of the Executive Directors, following reports claiming that ‘no is not an option’ in the IMF voting procedure.
Akshat is passionate about public speaking and has delivered numerous lectures at colleges and schools. He also served as a member of a Youth Parliament in Delhi.
