Persistent Systems Q4 results: Net profit rises 25.36% YoY
Mon, Apr 22, 2024 10:12 AM

Persistent Systems Q4 results: Net profit rises 25.36% YoY

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Mid-tier IT services firm Persistent Systems reported an 25.36 percent rise in net profit to Rs 315.3 crore year-on-year for the fourth quarter ended March 31. Consolidated revenue for the fourth quarter stood at Rs 2,590 crore, a rise of 14.9 percent year-on-year. The company reported total contract value (TCV) of $447.7 million in Q4, a decrease from $475 million in the previous quarter.

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