Persistent Systems Limited — Updates, 22-10-2024: Press Release

Persistent Systems reported Q2 FY25 revenue of $345.5 million, reflecting 5.3% quarter-over-quarter and 18.4% year-over-year growth. The company achieved a PAT increase of 23.4% and acquired Arrka to enhance its AI-driven services. Recognized as a Challenger in the 2024 Gartner Magic Quadrant for Public Cloud IT Transformation, Persistent also achieved carbon neutrality ahead of schedule and received multiple industry accolades, affirming its commitment to innovation and sustainability.