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Persistent Systems Q1 FY26 results (Apr–Jun 2025) and concall

Information Technology · Concall AI · Call held 23 Jul 2025

Persistent Systems delivered a healthy Q1 FY26, achieving 3.9% QoQ and 18.8% YoY revenue growth in USD, alongside robust EBIT margin expansion. The company secured strong TCV bookings of USD 520.8 million and saw significant client growth. Despite macroeconomic uncertainties, delayed ramp-ups, and a QoQ decline in the healthcare vertical, management expressed confidence in future growth, driven by AI-led strategies and a healthy pipeline, while maintaining a commitment to profitable growth and its FY27 $2 billion revenue target.

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What they filed

₹ Cr · quarterly
Line itemQ3 FY25Q4 FY25Q1 FY26
Revenue3,002 3,188 3,258
EBITDA476 405 523
Net profit326 281 367
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.