Persistent Systems Q4 net profit at ₹529 crore misses estimates; declares ₹18 dividend

Persistent Systems Q4 net profit at ₹529 crore misses estimates; declares ₹18 dividend


Mid-tier IT services company Persistent Systems Ltd on Tuesday (April 21) reported a net profit of ₹529 crore for the quarter, up 20.4% QoQ from ₹439.4 crore, but below the CNBC-TV18 poll estimate of ₹535 crore.

Revenue rose 7.4% QoQ to ₹4,056 crore from ₹3,778 crore, exceeding the CNBC-TV18 poll estimate of ₹3,973 crore. In dollar terms, revenue stood at $436 million, up 3.1% QoQ from $423 million, but slightly below the poll estimate of $438 million.

EBIT increased 21.4% QoQ to ₹659 crore from ₹543 crore, while coming in lower than the CNBC-TV18 poll estimate of ₹671 crore. EBIT margin improved to 16.3% from 14.4% QoQ, but was below the poll estimate of 16.9%.

Constant currency revenue growth came in at 3.4%, compared with the CNBC-TV18 poll estimate of 3.8% growth.

Also Read: Persistent Systems Q2 net profit jumps 45% to ₹471 crore, revenue surges 24%; beats estimates

Persistent Systems reported client wins and outcomes for the fourth quarter ended March 31, 2026, with order booking of $600.8 million in total contract value (TCV) and $445.1 million in annual contract value (ACV).

The board has recommended a final dividend of ₹18 per equity share of face value ₹5 for the financial year 2025-26. The proposed dividend is subject to approval by shareholders at the company’s 36th Annual General Meeting. The company said the record date for determining eligible shareholders will be announced later.

Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent, “We delivered 17.4% year-on-year revenue growth in FY26, with an EBIT margin of 15.6%. I am pleased to share that we have declared a full-year dividend of ₹40 per share.

Q4 FY26 marked our 24th sequential quarter of growth, reflecting the consistency of our execution and alignment to client demand in a market being shaped by AI. As AI adoption accelerates, our AI-first strategy is strengthening our operating model and improving the quality and scale of delivery across the business.”

Also Read: Persistent Systems stays on course for $2 billion revenue by FY27: CEO Sandeep Kalra

Shares of Persistent Systems Ltd ended at ₹5,369.00, up by ₹46.80, or 0.88%, on the BSE.



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