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Lack of valuation comfort for Persistent Systems
Business Standard
|January 22, 2026
THE COMPASS
Persistent Systems (PSYS) reported Q3FY26 revenue of $422 million, up 4 per cent quarter-on-quarter (Q-0-Q) in dollar terms while growth was 4.1 per cent in constant currency. The adjusted operating profit margin stood at 16.7 per cent.
And, operating profit grew 8.2 per cent Q-o-Q and 38,7 per cent year-on-year (Y-0-Y) to %630 crore. Adjusted net profit came in at $500 crore, up 7.4 per cent Q-0-Q and 35,7 per cent Y-0-Y. The adjustment excludes onetime labour code impact of $89 crore.
Cette histoire est tirée de l'édition January 22, 2026 de Business Standard.
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