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Persistent Systems posts healthy revenue growth in Q3FY26

in Data Story, Market
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Persistent Systems share fell more than 9% on bourses post Q4 results
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Athira Sethu

Kochi, 21 Jan 2026

Persistent Systems reported its Q3FY26 earnings with mixed performance, as revenue and order bookings showed steady growth while profitability declined due to a one-time impact from the implementation of new labour codes. The quarter reflected continued demand for digital, cloud, and data engineering services, alongside margin pressures that affected the bottom line.

Quarterly Financial Snapshot (Q3FY26 vs Q2FY26)

MetricQ3FY26Q2FY26QoQ Change
Consolidated Net Profit₹439.45 crore₹471.47 crore▼ 6.8%
Revenue from Operations₹3,778.21 crore₹3,580.72 crore▲ 5.5%
EBIT (Operating Profit)₹542.75 crore₹583.74 crore▼ 7.0%
EBIT Margin14.4%16.3%▼ 190 bps

Impact of New Labour Codes (One-time)

ComponentAmount
Gratuity Expense₹52.76 crore
Long-term Compensated Absences₹36.27 crore
Total One-time Impact₹89.03 crore
Margin Impact~2.3%

Revenue Performance

Revenue MetricQ3FY26QoQ Growth
Rupee Revenue₹3,778.21 crore5.5%
Dollar Revenue$422.5 million4.0%

Order Book Details (Quarter Ended Dec 31, 2025)

Order MetricValue
Total Contract Value (TCV)$674.5 million
Annual Contract Value (ACV)$501.9 million

Dividend Announcement

ParticularsDetails
Interim Dividend₹22 per equity share
Face Value per Share₹5
Financial YearFY26
Record DateJanuary 27, 2026

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