Title

FY26 Annual Results

  • Revenue

    $1,654.4M

  • Y-o-Y Revenue Growth

    +17.4%

  • EBIT Margin

    15.6%*

* Including one-time impact of ~0.6% on EBIT and ~0.5% on PAT in FY26 due to New Labour Codes

Q4 FY26 Quarterly Results

  • Revenue

    $436.0M

  • Y-o-Y Revenue Growth

    +16.2%

  • EBIT Margin

    16.3%

Consolidated Financial Highlights for the Financial Year 2025-26:

FY25 FY26 Margin% Y-o-Y Growth
Revenue (USD Million) 1,409.1 1,654.4   17.4%
Revenue (INR Million) 119,387.2 147,484.5   23.5%
EBIT (INR Million) 17,512.6 23,034.7 15.6%* 31.5%
PBT (INR Million) 18,223.1 24,112.1 16.3% 32.3%
PAT (INR Million) 14,001.6 18,651.2 12.6%* 33.2%

* Including one-time impact of ~0.6% on EBIT and ~0.5% on PAT in FY26 due to New Labour Codes

Consolidated Financial Highlights for the Quarter ended March 31, 2026:

Q4FY26 Margin % Q-o-Q Growth Y-o-Y Growth
Revenue (USD Million) 436.0   3.2% 16.2%
Revenue (INR Million) 40,559.4   7.4% 25.1%
EBIT (INR Million) 6,591.6 16.3% 21.4%* 30.5%
PBT (INR Million) 6,739.8 16.6% 19.3% 33.4%
PAT (INR Million) 5,292.6 13.1% 20.4%* 33.7%

* Including one-time impact of New Labour Codes in Q3 FY26

Persistent Quarterly Results
Dr. Anand Deshpande, Founder, Chairman and Managing Director, Persistent Systems
Our approach has consistently been to build capabilities ahead of demand. Over the past 36 years, we have invested in strengthening our engineering depth and data foundations, which are now finding greater application as AI adoption scales across enterprises. These investments are leading to deeper client relationships and a more meaningful role in how our clients are reshaping their businesses in the context of AI. We will continue to build and adapt our capabilities as the market evolves, with the same long-term discipline.

Dr. Anand Deshpande, Founder, Chairman and Managing Director, Persistent

Persistent Investors quote Image
Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent
We delivered 17.4% year-on-year revenue growth in FY26, with an EBIT margin of 15.6%. I am pleased to share that we have declared a full-year dividend of ₹40 per share. Q4 FY26 marked our 24th sequential quarter of growth, reflecting the consistency of our execution and alignment to client demand in a market being shaped by AI. As AI adoption accelerates, our AI-first strategy is strengthening our operating model and improving the quality and scale of delivery across the business.
Our growth momentum continues to be recognized in the market, with Brand Finance naming Persistent the fastest-growing IT services brand globally in 2026.
We are deeply grateful to our employees for their unwavering commitment, and to our clients, partners and shareholders for their continued trust and belief, enabling our progress.

Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent

Fourth Quarter FY26 Client Wins and Outcomes

Software, Hi-Tech, & Emerging Industries

  • Driving a large-scale shift from hardware-centric products to software-led platforms through an end-to-end engineering carveout and offshore operations across SAP, IT and data for a global industrial technology leader
  • Enabling hyperscaler-led cloud modernization of connectivity-centric infrastructure through secure workload migration, DevOps, database compliance and hardware lifecycle across seven data centers for a leading U.S. telecom provider
  • Advancing AI-enabled social intelligence platform through core engineering, GenAI innovation and UI modernization for a global leader in mission-grade risk intelligence

Banking, Financial Services & Insurance

  • Scaling a flagship enterprise platform through development of industry-specific capabilities across field services and healthcare for a global leader in tax and accounting software
  • Modernizing a payments platform through regulatory transformation and augmentation of core transaction capabilities for one of the largest banks in the Nordics
  • Co-building a digital underwriting platform with a fully digital, workflow-driven system, enhancing efficiency, compliance and risk management for one of the largest life insurance providers in Australia

Healthcare & Life Sciences

  • Orchestrating a multi-phase program spanning managed IT, platform operations, revenue-platform engineering and R&D capacity expansion for a leading U.S.-based molecular diagnostics company
  • Reimagining a global CRO platform by unifying digital, data and AI systems into a scalable, cloud-first architecture, improving margins and trial throughput for a global life sciences leader
  • Enhancing a care management platform across data, workflows and analytics, automating operations for a leading U.S.-based kidney care management provider

Leadership Changes

  • Ruchi Kulhari joins Persistent as Executive Vice President – Enterprise Strategy & Execution, partnering closely with the CEO and Executive Leadership Team to drive the Company’s most critical priorities, working across business units and functions to translate strategic priorities into clearly defined initiatives with measurable outcomes.
  • Hari S. Abhyankar joins Persistent as Executive Vice President and Global Head of Private Equity and Professional Services, leading the Company’s global strategy and growth across private equity investors, their portfolio companies and professional services organizations.

Previous Quarterly Results

Financial Results – FY2019-20

Download the Quarterly Results

Financial Results – FY2018-19

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Financial Results – FY2017-18

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Financial Results – FY2016-17

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Financial Results – FY2015-16

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Financial Results – FY2014-15

Download the Quarterly Results

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    You can also email us directly at info@persistent.com

    You can also email us directly at info@persistent.com