Persistent Systems Q4 net up 64% at ₹138 crore
April 30, 2021
Rise in digital adoption boosted performance: CFO
Persistent Systems has posted a 64.35 per cent rise in consolidated net profit of ₹137.76 crore in the fourth quarter ended March 31, 2021, compared with ₹83.82 crore recorded during the same period of the previous fiscal.
The mid-tier IT company’s consolidated revenue rose 20.69 per cent to ₹1,113.36 crore during the quarter under review, as against ₹926.37 crore recorded in the fourth quarter of last year. The 12-month period ended March 31, the company posted a 32.4 per cent rise in consolidated net profit of 450.69 crore, while its revenues rose 17.4 per cent to ₹4,187.89 crore.