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Persistent Systems received NCLT approval for the merger of its wholly-owned subsidiary, Arrka Infosec. The consolidation aims to simplify corporate structure and achieve operational synergies.
Persistent Systems has achieved the Databricks Brickbuilder Specialization for Healthcare & Life Sciences. This recognition validates Persistent's expertise in delivering production-ready AI and data solutions on the Databricks platform for regulated industries. The specialization strengthens Persistent's position in the healthcare, pharmaceutical, and medical device sectors.
Persistent delivered strong FY26 performance with $1.65B revenue (+17.4% YoY) and 15.6% EBIT margin. Strategy pivoted to AI-led, platform-driven services under 'Sixth Orbit' with record TCV bookings.
Persistent Systems has signed an MoU with IIT Kharagpur to establish an AI Innovation Lab. The lab will focus on AI research, talent development, and industrial-academia collaboration in areas like healthcare analytics and financial intelligence. This initiative aligns with the company's AI-first strategy to build future-ready talent and scalable AI solutions.
Persistent Systems reported strong FY26 performance, crossing $1.65B revenue with a focus on AI-led, platform-driven digital engineering and enterprise modernization.
Persistent Systems delivered strong Q4 and full-year FY26 results with 24 consecutive quarters of growth. Strategy centers on AI-led hyper-productivity and BFSI expansion.
Persistent Systems reported FY26 revenue of $1,654.4M (+17.4% YoY) and PAT of ₹18,651.2M (+33.2% YoY), driven by an AI-led, platform-driven engineering strategy.
Persistent delivered strong FY26 revenue of $1,654.4M (+17.4% YoY) with an EBIT margin of 15.6%. Strategy focuses on AI-led, platform-driven digital engineering and enterprise modernization.
Persistent Systems reported FY26 revenue of $1,654.4M (+17.4% YoY) and EBIT margin of 15.6%. Strategy pivots to AI-led, platform-driven services.
Persistent Systems Limited announced that the Hon'ble NCLT Mumbai has sanctioned the merger of its wholly-owned subsidiary, Arrka Infosec Private Limited, into itself. The official notification was received via email on April 21, 2026. This absorption-based merger aims to consolidate operations within the group.
Persistent Systems Limited delivered strong FY26 performance with 17.4% USD revenue growth and significant margin expansion despite seasonal booking moderations.
Persistent Systems Limited's board has recommended a final dividend of INR 18 per equity share for FY 2025-26. The payout is subject to shareholder approval at the upcoming 36th AGM. Record and book closure dates will be announced later.
Persistent Systems Ltd has informed the exchanges that its Audited Standalone and Consolidated Financial Statements for the period ending March 31, 2026, are now available on the company website. This follows the Board of Directors' approval at their meeting on April 21, 2026.
Persistent Systems Limited recommended a final dividend of INR 18.00 per equity share (face value INR 5) for FY 2025-26. The dividend is subject to shareholder approval at the company's 36th Annual General Meeting. Record and book closure dates will be announced later.
Persistent Systems reported FY26 annual revenue of ₹14,748.45 Crore, reflecting 23.5% YoY growth. Net profit for the year reached ₹1,865.12 Crore. The Board recommended a final dividend of ₹18 per share, bringing the total FY26 dividend to ₹40. The company maintained strong momentum with its 24th consecutive quarter of revenue growth.
Persistent Systems reported FY26 revenue of ₹14,748.45 Crore (USD 1,654.4M), representing 17.4% Y-o-Y growth. The company achieved an EBIT margin of 15.6% and declared a full-year dividend of ₹40 per share. Q4 FY26 revenue reached USD 436M, marking 24 consecutive quarters of growth.
Persistent Systems recommended a final dividend of INR 18 per share for FY 2025-26, following an interim dividend of INR 22. Total dividend for the year stands at INR 40 per share. The board also approved audited financial results for the year ended March 31, 2026.
Persistent Systems Ltd reported net profit of ₹440 Cr (+18.0% YoY) for Q3 FY26.
Persistent Systems launched a new Merchant Risk Management and Fraud Detection solution powered by Databricks AI. The AI-driven platform helps financial institutions reduce fraud losses by 20-40% and improves detection accuracy. Designed as a Databricks accelerator, it enables real-time merchant vetting and continuous transaction monitoring to prevent losses before they occur.
Persistent Systems has been ranked 3rd overall among India's Most Sustainable Companies 2024-25 by BW Businessworld. The company achieved high ESG scores, including an 86 from S&P Global and a leadership score of 79 in the NSE ESG assessment, highlighting its commitment to disciplined scale and environmental stewardship.