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Persistent Systems' December quarter net rises over 37% to Rs 120.9 crore

The company had registered a profit of Rs 87.9 crore in the year-ago period, Persistent Systems said in a late night regulatory filing on Thursday.

January 29, 2021 / 11:16 AM IST
 
 
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Tech firm Persistent Systems has reported a 37.5 percent rise in consolidated net profit at Rs 120.9 crore for the December 2020 quarter.

The company had registered a profit of Rs 87.9 crore in the year-ago period, Persistent Systems said in a late night regulatory filing on Thursday.

Revenue from operations grew 16.5 per cent to Rs 1,075.3 crore during the quarter under review, as against Rs 922.7 crore in the year-ago period, it added.

In dollar terms, the company’s revenue grew 12.9 percent to $146.15 million during the said quarter, from $129.43 million in the year-ago period.