Persistent Systems reports
Q3 FY19 QoQ Revenue Growth of 2.2%;
announces Buy-Back and Interim Dividend

Quarterly Results

Quote from Dr. Anand Deshpande

Dr. Anand Deshpande

Dr. Anand Deshpande

Chairman and Managing Director, Persistent Systems

Our teams continue to leverage our Software 4.0 offering for incremental and iterative development. Enterprises are integrating applications through APIs by bringing internal data, external data and events together, building insights that are actionable. Machine Learning has become mainstream as customers move beyond dashboards to task centric actionable insights that are embedding Intelligence in applications. Businesses continue to march on their journey to become software driven which is helping us win customers.

Riding high on the splendid response from last year’s Smart India Hackathon, the third edition has been launched, with the finale for the Software edition slated for March 2019. We hope this movement continues to provide students a platform to harness the true potential of technology for nation-building.

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Key Wins during the Quarter

  • Improving customer reach through enhanced digital experiences for a US-based financial products and services company
  • Designing and development of tools for effective cash management implementation for one of the largest global investment banking enterprises
  • Developing a cloud-based loan application system for a US-based bank
  • Building an end-to-end portfolio management platform on OutSystems for a cloud-based credit management technology solutions provider in the United States
  • Migrating of legacy CRM to Salesforce for a health and wellness provider
  • Product engineering partner for an e-commerce giant – helping them to migrate their live digital assets and users, upon completion of crucial M&A activity

Quarterly Results

Results for Third Quarter Ended December 31, 2018

Quarterly Results for FY 2018-19

Results for Second Quarter Ended September 30, 2018

Results for First Quarter Ended June 30, 2018

Previous Quarterly Results

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