Persistent Systems Limited — Updates, 24-04-2025: Press Release

**Financial Highlights:** Persistent Systems reported a consolidated revenue of ₹119,387.2 million for FY25, representing a robust 21.6% growth compared to FY24. The company achieved a revenue of ₹32,421.1 million in Q4 FY25, with a quarterly growth of 5.9%. EBIT for the year stood at ₹17,512.6 million, yielding an EBIT margin of 14.7%. The profit after tax (PAT) reached ₹14,001.6 million, up 28% year-on-year.

**Strategic Initiatives and Growth Drivers:** The company continues to drive AI-led transformation, aiming for $2 billion in annual revenue by FY27. The strategic pivot to AI-driven services is crucial for sustaining growth, supported by early investments and operational discipline.

**Business Developments:** During Q4, Persistent secured a significant order booking worth $517.5 million TCV, highlighting robust client engagement across sectors. Noteworthy wins include partnerships to enhance compliance and analytics for major financial and healthcare clients.

**Market Position and Competitive Advantage:** Persistent maintains a strong position in the market, evidenced by multiple awards, including the Google Cloud Infrastructure Modernization Partner of the Year. Recognized as a leader in various assessments, the company is well-placed to capitalize on growth opportunities.

**Investor Implications:** With a consistently growing revenue stream and investments in innovation, investors can look forward to a positive outlook. The company’s commitment to AI integration positions it well for future challenges while delivering long-term value for stakeholders.