Persistent Systems has announced its Q2 FY25 financial results, showing steady growth in both revenue and net profit on a quarter-on-quarter (QoQ) basis.
Key Financial Highlights:
Revenue: The company reported a revenue of ₹2,897.15 crore, reflecting a 5.9% QoQ increase from ₹2,737.17 crore in the previous quarter. Year-on-year (YoY), revenue grew by 19.9%, up from ₹2,411.67 crore in Q2 FY24.
Net Profit: Persistent Systems’ net profit for Q2 FY25 stood at ₹324.99 crore, up 6.1% QoQ from ₹306.42 crore in the previous quarter. YoY, the net profit increased by 23.4%, compared to ₹263.27 crore in Q2 FY24.
Persistent Systems continues to maintain a solid growth trajectory, with consistent improvements in both revenue and profitability.