Persistent Systems Limited — Investor Meet, 20-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Persistent Systems delivered a strong Q2 FY26. Revenue grew 17.6% YoY to $406.2 million, with EBIT margin at 16.3% (+230 bps YoY) and PAT at Rs. 471.47 crore (+45.1% YoY). Total Contract Value reached $609.2 million, driven by broad-based wins. BFSI (+30% YoY) and Europe (+37.9% YoY) led growth, with Healthcare showing recovery. The company emphasizes its AI strategy through the SASVA platform and internal 'Persistent AssIst,' securing certifications and awards. Management expects next quarter's wage hike impact (180 bps) to be largely offset by efficiencies, maintaining focus on accelerated growth towards its $2 billion FY27 goal.