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Persistent Systems Q1 Results: Profit rises 8% YoY to Rs 229 crore; revenue jumps 23%
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economictimes.indiatimes.comPersistent Systems on Thursday posted consolidated net profit of Rs 229 crore for the quarter ended June, up 8% from Rs 212 crore reported in the previous year quarter. Revenue from operations during the first quarter rose 23% year-on-year to Rs 2,321 crore.
It was Rs 1,878 crore in the same quarter of last year. On a sequential basis, profit declined 9% from Rs 252 crore reported in the preceding March quarter.
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