We have opened FY26 on a strong note, delivering solid results in Q1: ● USD 389.7M in revenue ● 3.9% QoQ | 18.8% YoY growth (USD) ● 2.8% QoQ | 21.8% YoY growth (INR) ● 3.3% QoQ growth in constant currency This quarter marks our 21ˢᵗ consecutive quarter of sequential revenue growth, underscoring the strength of our delivery engine, the depth of our client relationships, and our commitment to execution excellence. ● EBIT margin at 15.5% for the quarter | EBIT up 34.8% YoY ● PAT at 12.7% | PAT up 38.7% YoY Thank you to our clients, partners, employees, and shareholders for being part of our journey. We remain focused on delivering value, scaling impact, and driving future-ready innovation across industries. Read about our financial performance here: https://xmrrwallet.com/cmx.plnkd.in/dn_thgjE #ReAImaginingTheWorld #Q1FY26 Anand Deshpande, Sandeep Kalra, Vinit Teredesai, Dhanashree Bhat, Tom Klein, Yogesh Patgaonkar, MCC, Mukesh Agarwal, Chitra Byregowda, Shimona Chadha, Saurabh Dwivedi, Neil Fox, Dr. Rajesh Gharpure, Anand Krishnan, Barath Narayanan S S, Rajiv Naithani, Ganesh Nathella, Kuljesh Puri, Rahul Shrivastava, Nitish Shrivastava, Debashis Singh, Padmanabhan V, Vijay Verma
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://xmrrwallet.com/cmx.plnkd.in/egN452yC #ReAImaginingTheWorld #GrowthMomentum Anand Deshpande, Vinit Teredesai