Persistent Systems reports 9% rise in Q1 consolidated net profit
28th Jul 2020

Persistent Systems has reported results for first quarter ended June 30, 2020.

The company has reported 45.59% rise in its net profit of Rs 121.48 crore for the quarter under review as against Rs 83.44 crore for the same quarter in the previous year. Total income of the company increased 11.29% at Rs 585.51 crore for Q1FY21 as compared Rs 526.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 9.14% rise in its net profit at Rs 90.01 crore for the quarter under review as against Rs 82.47 crore for the same quarter in the previous year. Total income of the company increased by 17.45% at Rs 1012.61 crore for Q1FY21 as compared Rs 862.15 crore for the corresponding quarter previous year.