Persistent Systems reports strong Q2 FY26 revenue and profit growth

Persistent Systems reported strong financial performance for the quarter and half year ended September 30, 2025. Consolidated revenue reached $406.2 million, marking a 17.6% year-over-year growth, and INR 35,807.2 million with a 23.6% year-over-year growth. EBIT margin improved to 16.3%, contributing to a 43.7% year-over-year EBIT growth. Profit After Tax (PAT) also saw a substantial increase of 45.1% year-over-year, reaching INR 4,714.7 million. The company booked $609.2 million in Total Contract Value (TCV) and $447.9 million in Annual Contract Value (ACV) for the quarter.

The board of directors also approved the transfer of 100% shareholding of Aepona Group Limited, Ireland, from Persistent Systems Inc., USA, to Persistent Systems Limited, India, to enhance group efficiency. Additionally, Jaideep Dhok was elevated to chief operating officer – technology, effective August 12, 2025. The company also received several awards, including the "Growth Honor of the Year" at the 2025 Everest Group Elevate Honors and recognition as a Leader in the Talent Readiness for Next-generation Cloud Services PEAK Matrix® Assessment 2025.

The paid-up equity share capital increased from 156,400,000 equity shares to 157,750,000 equity shares, aggregating to INR 788.75 million, due to the allotment of 1,350,000 equity shares to the PSPL ESOP Management Trust. The board approved audited financial results for the quarter and half year ended September 30, 2025, and acknowledged that the consolidated financial results for the year ended March 31, 2025, were audited by a predecessor auditor who expressed an unmodified opinion.