Persistent Systems has announced its financial results for the fiscal year ended March 31, 2026, reporting a strong annual revenue of $1,654.4 million, representing a 17.4% year-on-year growth. The company achieved an EBIT margin of 15.6% and declared a full-year dividend of ₹40 per share. Q4 FY26 also saw notable momentum, with revenue reaching $436.0 million and an order booking of $600.8 million in Total Contract Value (TCV).
Annual Financial Highlights
For the financial year 2025-26, Persistent Systems demonstrated significant growth across its key performance indicators. The company reported a total revenue of $1,654.4 million, a 17.4% increase compared to the previous year. Profit After Tax (PAT) reached INR 18,651.2 million, marking a substantial 33.2% year-on-year growth. The Board of Directors has recommended a final dividend of ₹18 per share, bringing the total dividend for the year to ₹40 per share.
Quarterly Performance and Order Book
During the final quarter (January–March 2026), the company sustained its growth trajectory with a 3.2% quarter-on-quarter revenue increase to $436.0 million. The quarter was characterized by a healthy order book, securing $600.8 million in Total Contract Value (TCV) and $445.1 million in Annual Contract Value (ACV). This period marked the 24th consecutive quarter of growth for the firm.
Strategic Wins and Leadership Updates
Persistent continued to expand its footprint in AI-led digital engineering. Key wins included major projects with global industrial leaders, U.S. telecom providers, and financial institutions in the Nordics and Australia, focusing on cloud modernization, AI-enabled risk intelligence, and payments transformation. Furthermore, the company strengthened its leadership team with the appointment of Ruchi Kulhari as EVP – Enterprise Strategy & Execution and Hari S. Abhyankar as EVP and Global Head of Private Equity and Professional Services.
Industry Recognition
The company’s achievements were widely recognized in 2026, including being named the fastest-growing IT services brand globally by Brand Finance. Additionally, Persistent was identified as a leader in multiple Everest Group PEAK Matrix® Assessments, reinforcing its commitment to innovation in private equity and software product engineering.
Source: BSE
