Debasis Mohapatra
Bengaluru, 3 May 2025
Persistent Systems’ Q4FY25 and FY25 performances are considered to be one of the best in the Indian IT services and ER&D industry. Despite tepid demand and global headwinds, Pune-headquartered Persistent is confident of sustaining its performance in FY26.
Here is a snapshot of its financials for FY25:
1-Q4FY25 Financials:
| Particulars | Q4FY25 | YoY Rise/Fall |
| Revenue | $375.2 million | 20.7% ↑ |
| EBIT Margin | 15.6% | 1.1% ↑ |
| Total Contract Value (TCV) | $517.5 million | NA |
2-FY25 vs FY24
| Particulars | FY25 | YoY Rise/Fall |
| Revenue | $1.4 billion | 14.7% ↑ |
| EBIT Margin | 14.7% | 0.3% ↑ |
| Total Contract Value (TCV) | $2.1 billion | NA |
| Total Headcount | 24,594 | 744↑ |
(Source: Company Filings)
- Here is a link to Persistent’s peer in mid-tier ER&D space, L&T Technology Services’ FY25 Financials.
