Shares of Persistent Systems Ltd rallied 4% on 24 April after the company announced its quarterly earnings for the fourth quarter of the fiscal year 2025.

Persistent Systems reported a total net profit of Rs 395.76 crore for the period under review, reflecting a 25.5% year-on-year (YoY) rise over the net profit of Rs 315.32 crore achieved in Q4 FY24. In Q4 FY25, the company’s operating revenue rose by more than 25% year on year to Rs 3,242 crore.

For the fiscal year ending 31 March 2025, the IT company announced a final dividend of Rs 15 per equity share in addition to its Q4 results. According to an exchange filing, the record date for determining whether stockholders are eligible to receive the payout will be made public later. The dividend given this year now stands at Rs 35, which is noteworthy. According to the firm, it planned to commemorate its 35th anniversary.

Persistent CEO and Executive Director Sandeep Kalra said, “We are proud to have delivered our 20th sequential quarter of revenue growth, with an EBIT margin of 15.6%…Despite the uncertain macroeconomic environment, our consistent performance reflects the trust of our clients, enduring strength of our capabilities, and operational discipline.”

Sandeep added, “As we look ahead, we are optimistic about sustaining progress to reach $2 billion in annual revenue by FY27. Our strategic pivot to AI-led platform-driven services will drive this growth, fueled by continued rigor and innovation. We are well-positioned to continue delivering consistent and differentiated long-term value for all our stakeholders.”

For the fourth quarter of fiscal year 25, the firm reported a Total Contract Value (TCV) of $517.5 million and an Annual Contract Value (ACV) of $350.2 million.

Persistent Founder, Chairman and Managing Director Anand Deshpande said, “Persistent is leading the AI-led transformation, supported by early investments, strong execution, and a clear vision to embed AI across our clients’ digital journey. Celebrating 35 years since our foundation and 15 years of being publicly listed on the National Stock Exchange of India, our unwavering commitment to innovation and client success continues to set us apart as we drive the future of technology with purpose and precision.”

At 2:02 pm, the shares of Persistent Systems were trading 0.56% higher at Rs 5,192.50 on NSE.

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