Rs 15 Per Share Final Dividend Declared: Software Engineering Company Reports 28 Per Cent PAT Growth In FY25 With USD 1.4 Billion Revenue
Persistent Systems has delivered strong returns, with a 1-year return of 46.29 per cent and a 3-year return of 155.73 per cent.
Persistent Systems announced its audited Quarterly Results for the quarter and year ended March 31, 2025. The company's FY25 revenue reached USD 1,409.1 million, showing a year-over-year growth of 18.8 per cent. The EBIT for FY25 was Rs 17,512.6 million, with a margin of 14.7 per cent and a year-over-year growth of 23.8 per cent. Profit Before Tax (PBT) for the same period was Rs 18,223.1 million, a 25.9 per cent increase year-over-year, and Profit After Tax (PAT) was Rs 14,001.6 million, up by 28.0 per cent.
For the fourth quarter of FY25, Persistent Systems reported revenue of USD 375.2 million, a 4.2 per cent increase compared to the previous quarter and a 20.7 per cent increase year-over-year. The EBIT for Q4 FY25 was Rs 5,052.9 million, with a margin of 15.6 per cent and a quarter-over-quarter growth of 10.9 per cent and year over year growth of 34.9 per cent. PBT for the quarter was Rs 5,052.1 million, a 4.8 per cent increase quarter-over-quarter and 27.7 per cent year-over-year. The company's PAT for the quarter stood at Rs 3,957.6 million, reflecting a 6.1 per cent quarter-over-quarter increase and a 25.5 per cent increase year-over-year.
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The Board of Directors has recommended a final dividend of Rs 15 per share, bringing the total dividend for the year to Rs 35. The order booking for the quarter ending March 31, 2025, was USD 517.5 million in Total Contract Value (TCV) and USD 350.2 million in Annual Contract Value (ACV). Persistent Systems has over 24,500 employees located in 19 countries. Persistent Systems brand value has grown by 327 per cent since 2020.
About Company
Persistent Systems Limited is a global services and solutions company specializing in Digital Engineering and Enterprise Modernization. The company offers a wide range of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. With a strong global presence in over 21 countries, Persistent serves various industries such as BFSI, healthcare, and software. Persistent Systems has delivered strong returns, with a 1-year return of 46.29 per cent and a 3-year return of 155.73 per cent.
The company's revenue is primarily driven by technology services, contributing 70 per cent of the total, followed by partnership operations and product segments. In Q3FY24, the BFSI segment contributed 31 per cent to the revenue, while the healthcare and life sciences segment contributed 22 per cent, and the software, hi-tech, and emerging industries segment contributed 47 per cent. Persistent's strategic partnerships with major IT providers like AWS, Salesforce, and Google Cloud enhance its service offerings. The company has shown impressive brand development, and has been named the fastest-growing Indian IT services brand since 2020. Persistent has shown its commitment to sustainability by being carbon neutral and also a member of the United Nations Global Compact.
Disclaimer: The article is for informational purposes only and not investment advice.