Economy
Persistent Systems Q1 Profit Rises 13.7% to ₹483 Crore

Persistent Systems Q1 Profit Rises 13.7% to ₹483 Crore

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THE BRIEF
1

Persistent Systems reported a 13.7% year-on-year increase in net profit for Q1 FY27, reaching ₹483 crore, with revenue growing by 29%.

2

The company achieved a quarterly revenue of $452.4 million, reflecting a 16.1% growth compared to the same period in the previous fiscal year.

3

Despite the revenue growth, the company faces margin pressure as it continues to invest in AI-driven service capabilities and global expansion strategies.