Persistent Systems has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a significant performance boost with annual consolidated revenue of INR 147,484.49 million and a net profit of INR 18,651.20 million. Following these robust results, the Board of Directors has recommended a final dividend of INR 18 per equity share of INR 5 face value for the Financial Year 2025-26.
Financial Highlights
For the fiscal year ended March 31, 2026, Persistent Systems achieved consolidated revenue of INR 147,484.49 million, compared to INR 119,387.17 million in the previous year. The consolidated net profit for the year stood at INR 18,651.20 million, marking a substantial increase from the INR 14,001.61 million reported in the previous fiscal year. In the final quarter (Q4) ending March 31, 2026, the company recorded a revenue of INR 40,559.37 million and a net profit of INR 5,292.60 million.
Dividend Recommendation
The Board of Directors has recommended a final dividend of INR 18 per equity share for the Financial Year 2025-26. This recommendation, based on shares with a face value of INR 5, is subject to the approval of shareholders at the upcoming 36th Annual General Meeting. The record date for the dividend payment will be announced in a future communication to stock exchanges.
Operational Reorganization
During the fiscal year, Persistent Systems undertook strategic organizational restructuring to streamline operations. This included mergers such as Persistent Telecom Solutions Inc. and Starfish Associates, LLC into Persistent Systems Inc., as well as the transfer of several subsidiaries to Aepona Group Limited. Additionally, the company established new entities, including Baixinteng System Service (Shanghai) Co. Ltd., to strengthen its global market presence.
Impact of New Labour Codes
In response to the Government of India’s notification of four new Labour Codes, the company conducted a comprehensive assessment of its employee compensation structures. Consequently, the company has recognized an incremental impact of INR 890.25 million as a non-recurring expense under Exceptional Items for the year ended March 31, 2026, reflecting its proactive approach to regulatory compliance.
Source: BSE
