Title

Q4 FY21 Quarterly Results

  • Revenue

    $152.8M

  • Q-o-Q

    +4.6%

  • Y-o-Y

    +20.3%

FY21 Annual Results

  • Revenue

    $566.1M

  • Y-o-Y

    +12.9%

  • Y-o-Y EBIT

    +55.2%

Consolidated Financial Highlights for the Financial Year 2020-21

FY20 FY21 Y-o-Y Growth
Revenue (USD Million) 501.61 566.08 12.9%
Revenue (INR Million) 35,658.08 41,878.88 17.4%
EBITDA (INR Million) 4,929.54 6,830.15 38.6%
PBT (INR Million) 4,523.42 6,094.43 34.7%
PAT (INR Million) 3,402.89 4,506.77 32.4%

Consolidated Financial Highlights for the Quarter ended March 31, 2021

Q4 FY21 Q-o-Q Growth Y-o-Y Growth
Revenue (USD Million) 152.82 4.6% 20.3%
Revenue (INR Million) 11,133.58 3.5% 20.2%
EBITDA (INR Million) 1,883.29 3.2% 47.5%
PBT (INR Million) 1,848.78 12.0% 63.5%
PAT (INR Million) 1,377.59 13.9% 64.3%
This year was tough. We sincerely pray for everyone’s well-being. The pandemic brought on the rapid shift to remote work, and I want to recognize the resilience shown by our employees. They ensured continuous, high-quality service delivery, demonstrating our unwavering commitment to our customers. Thank you to our customers and partners for their continued support.

Anand Deshpande, Founder, Chairman and Managing Director, Persistent Systems

We are happy to conclude FY21 on a high note, with double digit growth in both our revenue and EPS. Our performance demonstrates the alignment between Persistent’s core strengths in digital engineering and our clients’ needs as they accelerate to the next wave of transformation. We are confident that efforts to strengthen our leadership team, partner ecosystem, and operational excellence will continue to be the foundation of our success. The Persistent Foundation continues to contribute towards COVID relief efforts globally and we continue to support our employees during these challenging times.

Sandeep Kalra, Executive Director and Chief Executive Officer, Persistent Systems

Quarterly Earnings April 2021 Leadspace Social Share
Fourth Quarter FY21 Client Wins and Outcomes
Software, Hi-Tech & Emerging Industries
  • Engineering and GTM partnership for a portfolio of security products for a global technology leader
  • Building a Center of Excellence for a leading low code technology provider to deliver transformation for their customers in BFSI and HLS segments
  • Managing end-to-end IT operations using Persistent Intelligent Operations for a leading US-based marketing and events management company

Banking, Financial Services and Insurance
  • Building a digital lending portal and modernizing the payments platform for the commercial group at a top 5 US bank
  • Migrating critical data to AWS Cloud with integrations for consumer offerings for a Fortune 25 financial services ISV
  • Developing Salesforce-based digital loan platforms for consumer lending for two leading Indian banks
Healthcare & Life Sciences
  • Delivering intelligent visualization and BI dashboard for COVID-19 vaccine shipments for a leading cold-chain distribution company
  • Building a Digital Front Door and Patient Experience solution with integration into EMR systems and patient portals, for a leading US health system
  • Executing an enterprise-wide legacy modernization program leveraging MuleSoft and automation for a leading clinical research organization
Results for First Quarter Ended June 30, 2020
Press Release Analyst Call Analyst Presentation and Fact Sheet Financials
Press Release – Q1 FY21 Analyst Call Transcript – Q1 FY21 Analyst Presentation and Fact Sheet – Q1 FY21 Persistent Systems – Consolidated Financials – Q1 FY21
Analyst Call Recording – Q1 FY21 Persistent Systems – Standalone Financial – Q1 FY21

Previous Quarterly Results

Contact us

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

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