Persistent Systems Revenue Grows 30% in Q2, Was the Nagarro Deal the Only Reason for Lower Profit?
India, Oct. 16 -- The share of the company, which provides software engineering and strategy services to help companies implement and modernize their businesses, came under pressure after announcing mixed Q2 results.
With a market capitalization of Rs 88,340 crore, Persistent Systems Ltd's share on Friday made a day low of Rs 5,490.30 per share, down by 5.95 percent from its previous close of Rs 5,837.90 per share. The stock of the company gave a negative return of 4 percent over the last year.
Result Overview
QoQ View: Revenue grew to Rs 4,663.90 crore in Q2 FY27 from Rs 4,303.23 crore in Q1 FY27, registering an 8.4 percent increase QoQ. EBITDA rose to Rs 864.40 crore in Q2 FY27 from Rs 802.16 crore in Q1 FY27, up 7.76 percent QoQ, wh...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.