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  • Persistent Q1 PAT seen up 19.5% QoQ to Rs. 88 cr: HDFC Securities

    Net Sales are expected to increase by 8.1 percent Q-o-Q (up 11.7 percent Y-o-Y) to Rs. 813 crore, according to HDFC Securities.

  • Persistent Systems up 5% post Q4 earnings; brokerages see up to 32% upside in 1 yr

    All brokerage houses retained their buy rating on the stock and expect the stock to rally up to 32 percent over the next one year period on hopes of robust earnings in FY19.

  • Persistent Q4 PAT may dip 25.5% QoQ to Rs 68.3 cr: Edelweiss

    Net Sales are expected to decrease by 3.6 percent Q-o-Q (up 5 percent Y-o-Y) to Rs. 763.4 crore, according to Edelweiss.

  • Persistent Systems Q4 PAT may dip 23.2% QoQ to Rs 70.4 cr: Motilal Oswal

    Net Sales are expected to decrease by 5.4 percent Q-o-Q (up 3 percent Y-o-Y) to Rs. 749.1 crore, according to Motilal Oswal.

  • Looking for more acquisitions going ahead, says Persistent Systems

    Persistent Systems has posted good numbers led by strong revenue growth in the alliance division. In an interview to CNBC-TV18, Anand Deshpande, Founder, MD & CEO of the company spoke about the results and his outlook going ahead.

  • Have stronger expectation from second half of FY18, says Persistent Systems

    Persistent Systems posted numbers with revenue and margins in-line led by the digital and enterprise segment.

  • Persistent Systems Q1 profit seen up 1%, dollar revenue growth may be 3.6%

    Analysts believe that the margins have bottomed out and should start showing improvement YoY hereon, ending three years of contraction, from 26 percent in FY14 to 16 percent in FY17.

  • Persistent Systems Q1 PAT seen up 11.2% QoQ to Rs 81 cr: Edelweiss

    Net Sales are expected to increase by 1.4 percent Q-o-Q (up 5.1 percent Y-o-Y) to Rs 737.6 crore, according to Edelweiss. Persistent Systems to report net profit at 81 crore up 11.2% quarter-on-quarter.

  • Expect double-digit revenue growth in FY18: Persistent Systems

    In an interview to CNBC-TV18, Anand Deshpande, Founder, MD & CEO of Persistent Systems spoke about the results and his outlook for the company.

  • Persistent Systems Q4 profit seen down 9% at Rs 74 cr, dollar revenue may grow 1%

    Operating profit may drop to Rs 117.5 crore from Rs 118.6 crore and margin may shrink to 15.8 percent from 15.9 percent on sequential basis.

  • Persistent Systems Q4 PAT may dip 1% to Rs 81 cr: KR Choksey

    Net Sales are expected to increase by 2 percent Q-o-Q (up 13 percent Y-o-Y) to Rs 762.9 crore, according to KR Choksey. Persistent Systems to report net profit at 81 crore down 1% quarter-on-quarter.

  • See significant growth in digital next quarter: Persistent

    Persistent Systems came out with Q3FY17 results which met street expectations. In an interview to CNBC-TV18 Anand Deshpande, Founder, MD & CEO of the company said margins grew better than topline for the quarter ended December.

  • Persistent Q3 profit seen up 9%, dollar revenue may grow 4.5%

    Software services provider Persistent Systems' third quarter profit is seen rising 8.86 percent sequentially to Rs 80 crore and revenue may increase 5.1 percent to Rs 740 crore.

  • Persistent's Q3 PAT may dip 7.4% to Rs 68 cr: Motilal Oswal

    Net Sales are expected to increase by 4.1 percent Q-o-Q (up 23.7 percent Y-o-Y) to Rs 732.6 crore, according to Motilal Oswal

  • Expect second half of FY17 to be positive: Persistent Systems

    In an interview to CNBC-TV18, Anand Deshpande, Founder, MD & CEO of Persistent Systems said that intellectual property (IP) business is traditionally weak in Q2.

  • Wipro & MindTree's earnings under strain: HDFC Securities

    No significant upside is seen in Wipro‘s earnings, said Apurva Prasad, Research analyst – IT at HDFC Securities who has scaled down earnings estimate by 2-3 percent for the company.

  • Persistent Q2 profit seen down 8%, dollar revenue may grow 3%

    Software services provider Persistent System's second quarter profit is seen falling 7.8 percent sequentially to Rs 67.5 crore on weak operational performance, according to analysts polled by CNBC-TV18.

  • Persistent Systems Q2 PAT may dip 17% to Rs 61cr: Motilal Oswal

    Net Sales are expected to increase by 2.9 percent Q-o-Q (up 33.1 percent Y-o-Y) to Rs 722.1 crore, according to Motilal Oswal.

  • Optimistic on demand outlook in FY17: Persistent Systems

    Persistent Systems reported a 3.6 percent rise in rupee revenue to Rs 701.8 crore while its profit after tax fell 9.3 percent to Rs 73.2 crore. However, the company‘s margins contracted by 80 basis points to 15.1 percent in the first quarter.

  • Persistent Q1 net likely to fall 11%, $ rev seen up at $105.5 mn

    Margins in Q1 are expected to be lower weighed down by investments on IBM deal, visa costs and absence of gratuity write‐back.

  • Persistent Q1 profit seen down 8% at Rs 74 cr: Motilal

    Sales are expected to increase by 3.6 percent Q-o-Q (up 40.2 percent Y-o-Y) to Rs 701.8 crore, according to Motilal Oswal

  • IBM deal to put 200bps pressure on margins in FY17: Persistent

    The deal with IBM contributed 8 percent to Persistent's revenue in Q4. Expect it to increase to 15-20 percent in FY17, says Anand Deshpande, MD and CEO of the company.

  • Modest sequential Q4 revenue growth for IT cos: Analysts

    Headwinds from depreciation of the British pound (GBP) and other cross-currency movements may also negatively impact USD revenues by 30-50 basis points for the said quarter.

  • Mar quarter to be better; positive on deal pipeline: Persistent

    Anand Deshpande, Founder, MD & CEO, Persistent Systems, says the third quarter saw a volume growth of 1.9 percent and a price growth of 1.1 percent.

  • Persistent Q3 profit seen up 2%, dollar revenue may grow 5%

    Dollar revenue growth is likely to be 5.3 percent at USD 87.35 million on sequential basis, aided by around 3 percent contribution from Aepona, the Ireland-based tech firm acquired in July 2015.

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