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Persistent Records $328.2 Million Revenue in Q1 FY25 with 5.6% Q-o-Q, 16.0% Y-o-Y Growth
Pivots to AI-led, platform-driven services approach
PUNE, India and SANTA CLARA, Calif. , July 18, 2024 /PRNewswire/ -- Persistent Systems (BSE: 533179) (NSE: PERSISTENT) today announced the Company's audited financial results for the quarter ended June 30, 2024, as approved by the Board of Directors.
Consolidated Financial Highlights for the Quarter ended June 30, 2024
Q1FY25
Margin%
QoQ
YoY
Revenue (USD Million)
328.2
5.6 %
16.0 %
Revenue (INR Million)
27,371.7
5.7 %
17.9 %
EBITDA (INR Million)
4,552.1
16.6 %
0.2 %
7.6 %
PBT (INR Million)
4,005.4
14.6 %
1.3 %
30.4 %
PAT (INR Million)
3,064.2
11.2 %
-2.8 %
33.9 %
The 34th Annual General Meeting of the Company was held on July 16, 2024. All the resolutions, including final dividend payment of INR 10 per share, were approved by the ...