Persistent Systems Q4 Results 2023: PAT Up at Rs 251.51 Cr Consolidated

Persistent Systems collaborates with Google Cloud for cutting-edge AI solutions

Persistent Systems releases Consolidated Quarterly Results for March 31, 2023. Persistent Systems has announced an increase in total income from Rs. 2202.125 Crores as of December 31, 2022, to Rs. 2263.299 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 237.954 Crores as of December 31, 2022, to Rs. 251.513 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 31.14 on December 31, 2022, to Rs. 32.91 on March 31, 2023, according to the company’s statement.

Persistent Systems Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:

Total income of the company is Rs. Crores (March 31, 2023) vs. Rs. 2202.125 Crores (December 31, 2022)

Net profit/loss: Rs. 251.513 Crores (March 31, 2023) vs. Rs. 237.954 Crores (December 31, 2022)

EPS: Rs. 32.91 (March 31, 2023) vs. Rs. 31.14 (December 31, 2022)

FinancialsQ4 FY2023Q3 FY2023% Change
Total Income₹ 2263.299 Cr₹ 2202.125 Cr⬆ 2.78%
Net Profit₹ 251.513 Cr₹ 237.954 Cr⬆ 5.70%
EPS₹ 32.91₹ 31.14⬆ 5.68%

Persistent Systems Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:

Total income of the company is Rs. 2263.299 Crores (March 31, 2023) vs. Rs. 1679.927 Crores (March 31, 2022)

Net profit/loss: Rs. 251.513 Crores (March 31, 2023) vs. Rs. 200.990 Crores (March 31, 2022)

EPS: Rs. 32.91 (March 31, 2023) vs. Rs. 26.30 (March 31, 2022)

FinancialsQ3 FY2023Q3 FY2022% Change
Total Income₹ 2263.299 Cr₹ 1679.927 Cr⬆ 34.73%
Net Profit₹ 251.513 Cr₹ 200.990 Cr⬆ 25.14%
EPS₹ 32.91₹ 26.30⬆ 25.13%

Persistent Systems Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:

Total income of the company is Rs. 8421.209 Crores (March 31, 2023) vs. Rs. 5854.701 Crores (March 31, 2022)

Net profit/loss: Rs. Crores 921.093 (March 31, 2023) vs. Rs. 690.386 Crores (March 31, 2022)

EPS: Rs. 120.52 (March 31, 2023) vs. Rs. 90.34 (March 31, 2022)

Financials12 Months Ended FY202312 Months Ended FY2022% Change
Total Income₹ 8421.209 Cr₹ 5854.701 Cr⬆ 43.84%
Net Profit₹ 921.093 Cr₹ 690.386 Cr⬆ 33.42%
EPS₹ 120.52₹ 90.34⬆ 33.41%

Persistent Systems Share Dividend Announcement / Record Date:

The Board of Directors has declared a Final Dividend of ₹12 per Equity Share of Face Value of ₹10 each of the Company (120% of Face Value). Total Dividend for FY23 stood at ₹39 per Equity Share (Interim Dividend of ₹10 per Equity Share)

DividendRecord Date
₹12 per Equity ShareComing Soon

The dividend’s record date has not yet come

About Persistent Systems:

Incorporated on May 16, 1990, Persistent Systems is a multinational technology services company based in India. It is publicly listed on both the Bombay Stock Exchange and the National Stock Exchange. The company’s shares were first listed on the National Stock Exchange of India in March 2010.

Download Full PDF Q4 Results Persistent Systems:

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