Persistent Systems Reports 10.9% Growth in Revenue and 18.5% Growth in PAT for Q1 FY19
USD 123.60 M
Q1 FY19 Revenue
10.9 %
Growth in Revenue
18.5 %
Growth in PAT
Technology shifts today are forcing businesses to transform. Aligning our investments with technology shifts and trends, our focus on new technologies is driving traction with new projects won during the quarter. At the same time, we continue to strengthen our offerings based on how these new technologies are transforming specific industry markets – in Financial Services, Healthcare, and in Industrial IoT.
Another highlight during the quarter was the pilot launch of the Hardware Edition of the Smart India Hackathon 2018. We hope that this platform will motivate students to become entrepreneurs of the future.
Dr. Anand Deshpande –
Chairman and Managing Director, Persistent Systems
Quick Links
Key Highlights and Wins During the Quarter
Business Highlights and Awards
- Persistent Systems appraised at CMMI® Maturity Level 5
- Persistent Systems invests in and partners with Cazena, a Fully-Managed Big Data as a Service with built-in DevOps for analytics
- Co-organized the Hardware Edition of Smart India Hackathon 2018.The 5-day hackathon was inaugurated on June 18, 2018, by Shri. Prakash Javadekar, Hon’ble Minister of Human Resource Development, Government of India and Chief Patron – Smart India Hackathon 2018
- Anand Deshpande voted among best CEOs of 2018 by Institutional Investor
Customer and Partner Highlights
- California-based Three Phase Electric works with Persistent for IoT adoption to build smart and sustainable community ecosystems
- Low-code platform innovator OutSystems works with Persistent to help customers become software-driven
- RPA leader Blue Prism works with Persistent to accelerate software-driven innovation
- Hybrid cloud data services giant NetApp on the value of Hackathons for enabling software-driven transformation
- Scaled Agile partners with Persistent to help its customers become software-driven at speed
- VC firm K2 Venture Capital leverages the power of Agile and works with Persistent to turn an idea into a product and bring it to market at speed
Key Wins during the Quarter
- Continuous Engineering and Collaborative Lifecycle Management licensing, services and support engagement to drive vital business transformation programs for a leading European defence equipment manufacturer
- Build a data platform for a large US based social research organization that will bring efficiency in data democratization
- Help a Silicon-Valley based Unicorn with a major platform engineering initiative
- Improve the customer experience of a security product for a large US based technology company
- Engineering support of 2GH/4GH products for a large webhosting company
Quarterly Results
Results for First Quarter Ended June 30, 2018
Press Release
Analyst Call Transcript
Analyst Presentation and Fact Sheet
Previous Quarterly Results
QUARTER 1
- Press Release – Q1 FY17
- Persistent Systems – Consolidated Financials – Q1 FY17
- Persistent Systems – Unconsolidated Financials – Q1 FY17
- Regn 33 and 47 – Financial Results Advertisement – Q1 FY17
- Unconsolidated Financial Results – Regn 33 – Q1 FY17
- Analyst Call Transcript – Q1 FY17
- Analyst Presentation and Fact Sheet – Q1 FY17
QUARTER 2
- Press Release – Q2 FY17
- Persistent Systems – Clause 41 – Consolidated – Q2 FY17
- Persistent Systems – Unconsolidated Financials – Q2 FY17
- Regn 33 and 47 – Financial Results Advertisement – Q2 FY17
- Unconsolidated Financial Results – Regn 33 – Q2 FY17
- Analyst Call Transcript – Q2 FY17
- Analyst Presentation and Factsheet – Q2 FY17
QUARTER 1
QUARTER 2
QUARTER 3
QUARTER 4
For analyst call transcripts, please write to investors@persistent.com
For analyst call transcripts, please write to investors@persistent.com
For analyst call transcripts, please write to investors@persistent.com
For analyst call transcripts, please write to investors@persistent.com
For analyst call transcripts, please write to investors@persistent.com
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