Persistent Systems Share Price: 22% upside for IT stock – Check target price with brokerages view – Markets

Persistent Systems Share Price: 22% upside for IT stock - Check target price with brokerages view - Markets


Persistent Systems Share Price: Mid-tier IT services company Persistent Systems on Tuesday released its Q4 quarterly earnings and also declared a dividend for its shareholders. The company reported a 33.73 per cent year-on-year growth in its consolidated profit after tax (PAT) to Rs 529.26 crore in the reporting quarter against Rs 395.7 6 crore in Q4 FY25. Sequentially, PAT was up 20.4 per cent from Rs 439.4 cr in Q3 FY26. The company had posted a net profit of Rs 395.76 crore in the same period last fiscal.

HDFC Securities on Persistent Systems: Maintain ADD with a target price of Rs 6,240 (maintained)

Persistent Systems Q4 Results FY26: Details

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 Dividend 2026

The Board of Directors of Persistent Systems recommended a final dividend of Rs 18 per share. This translates to Rs 40 per share for FY26 compared to Rs 35 per share for FY25.

Persistent Systems Share Price

At 9:24 AM on Wednesday, the stock was trading at Rs 5133.20, down 3.79 per cent from its previous closing, on BSE.

(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.)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *