Persistent Systems Limited — Investor Meet, 27-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Persistent Systems reported Q3 FY26 revenue of ₹3,778.21 Cr, up 17.3% YoY, marking its 23rd sequential growth. Profit After Tax was ₹439.45 Cr, up 17.8% YoY. EBIT margin stood at 14.4%, benefiting 150 basis points from AI platform/tool-driven pricing. This was partially offset by wage hikes and a one-time labor code impact. The company declared an interim dividend of ₹22 per share. New bookings (TCV) were USD 674.5 million, with significant wins like a $100M TCV. Management highlighted strong demand for application/data modernization and AI solutions, expressing confidence in achieving $2 billion by March 2027.