Persistent Systems Limited reported a strong set of earnings for the quarter ended March 2026, with profit and revenue registering healthy growth on both sequential and annual basis, even as margins saw a slight contraction on a quarter-on-quarter basis.
The company posted a consolidated net profit growth of 21% quarter-on-quarter and 34% year-on-year for Q4 FY26. Revenue from operations rose 7% sequentially to ₹4,055 crore, while it surged 25% compared to the same quarter last year, reflecting sustained demand across its digital and enterprise segments.
Operating performance remained steady, with EBIT increasing 4% QoQ to ₹658 crore and rising 30% YoY. However, margins softened on a sequential basis, with EBIT margin coming in at 16.24% compared to 16.76% in the previous quarter, though it improved from 15.6% in the year-ago period.
The marginal contraction in margins QoQ suggests some pressure on profitability, even as the company continues to maintain strong growth momentum on both revenue and earnings fronts.
In line with its performance, the board has recommended a final dividend of ₹18 per equity share of face value ₹5 for the financial year 2025-26. The dividend payout is subject to shareholder approval at the upcoming 36th Annual General Meeting. The record date for determining shareholder eligibility will be announced separately.
Persistent Systems continues to demonstrate consistent growth, backed by strong deal wins and execution across key verticals, while maintaining a balance between expansion and profitability.
Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent, said, “We delivered 17.4% year-on-year revenue growth in FY26, with an EBIT margin of 15.6%. I am pleased to share that we have declared a full-year dividend of ₹40 per share. Q4 FY26 marked our 24th sequential quarter of growth, reflecting the consistency of our execution and alignment to client demand in a market being shaped by AI. As AI adoption accelerates, our AI-first strategy is strengthening our operating model and improving the quality and scale of delivery across the business.”