Persistent Systems Q4 profit may fall 6% to Rs 70 cr: Poll

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26 Aug, 2025 12:21

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Persistent Systems' fourth quarter profit after tax may fall 6 percent sequentially to Rs 70 crore, according to the average of estimates of analysts polled by CNBC-TV18. The company will announce its quarterly earnings on Tuesday.

Dollar revenue during January-March quarter may increase 3.1 percent to USD 82 million and rupee revenue is seen rising 2.3 percent to Rs 506 crore on sequential basis.

Operating profit (EBITDA) is expected to be at Rs 101 crore (against Rs 99.5 crore in Q3FY15) and margin at 20 percent (against 20.11 percent) in the quarter ended March 2015.

It is known that numbers are expected to be muted as the software services exporter, on March 15, said revenue growth in dollar terms is expected to be muted in Q4FY15 due to change in the business priorities of one of large customers in the product engineering segment.

Margins will see some pressure due to ongoing investments in research & development and sales and marketing, it added. Post this statement to exchanges, Anand Deshpande, CMD & CEO of the company also told CNBC-TV18 that Persistent won't meet FY15 guidance of 15 percent. However, he remained optimistic about long term prospects.

In December quarter, the company had missed expectations for the second quarter (Q2 and Q3) in a row due to the weak IP business.

As far as its 15 percent dollar revenue growth guidance for FY15 is concerned, to achieve that it needs to do around 10 percent growth in Q4, which seemed difficult (even post its Q3 results), feel analysts.

Company's FY14 dollar revenue growth was 15.2 percent and FY13 dollar revenue growth was 14.7 percent.

Other things to watch out for in the quarter are intellectual property (IP) revenues and margin outlook.