Post by Sandeep Kalra
CEO & Executive Director at Persistent Systems; IIM Calcutta Distinguished Alumni
I'm pleased to share that Persistent Systems has delivered a strong start to FY26 with Q1 revenue of US$389.7 million. This translates into a healthy growth of 3.9% quarter-on-quarter and 18.8% year-on-year. In Rupee terms, we achieved 2.8% quarter-on-quarter and 21.8% year-on-year growth, while constant currency growth stood at 3.3% quarter-on-quarter. This marks our 21st consecutive quarter of sequential growth, underscoring our resilient performance in a dynamic environment. Our EBIT margin for the quarter came in at 15.5%, translating to EBIT growth of 34.8% year-on-year in absolute terms. Profit after tax came in at 12.7%, a growth 38.7% year-on-year in absolute terms. These results highlight our consistent execution and the trust our clients place in us. Sincere thanks to our talented teams, valued clients, partners, and shareholders for your unwavering support as we continue to drive innovation and growth. Read more about our financial performance here: https://lnkd.in/egN452yC #ReAImaginingTheWorld #GrowthMomentum Anand Deshpande, Vinit Teredesai