Profit after tax came in at Rs 439 crore, reflecting a 7% sequential decline while still growing 18% compared with the same period last year. The company said the one-time impact reduced EBIT by around 2.3% and PAT by about 1.8% during the quarter.
For the third quarter of FY26, the IT services firm reported revenue of $422.5 million, marking a 17% year-on-year increase and a 4% rise sequentially. In constant currency terms, revenue grew 17.3% YoY and 4.1% quarter-on-quarter, reflecting stable execution despite a mixed global technology spending environment.
In rupee terms, consolidated revenue for the quarter stood at Rs 37,78 crore, up 23% from a year earlier and 5.5% higher sequentially.
Operating performance remained healthy. Earnings before interest and tax (EBIT), excluding the one-time impact of new labour codes, came in at Rs 632 crore, translating into an EBIT margin of 16.7%. This represented an 8.2% sequential increase and a 38.6% jump on a YoY basis. Including the one-time impact, EBIT stood at Rs 5,427.5 million, with a margin of 14.4%.
Profit before tax for the quarter was Rs 565 crore, down 8% quarter-on-quarter but higher by 17% YoY.
The board of directors declared an interim dividend of Rs 22 per share on equity shares of face value Rs 5 each for the financial year 2025–26.Commenting on the results, Sandeep Kalra, CEO and ED of Persistent Systems, said the company delivered its 23rd consecutive quarter of revenue growth, supported by deeper engagement in strategic client programmes and sustained demand across core industries.
He noted that growth momentum continues to be driven by data, cloud and digital engineering services, even as clients increasingly move toward larger and more complex technology engagements.
Kalra also highlighted the company’s focus on operational efficiency and innovation, including the use of agentic artificial intelligence within its own operations to improve productivity and speed up adoption at scale.
Looking ahead, Persistent said its priority remains sustaining growth through consistent execution as enterprise demand continues to shift toward long-term, high-value digital transformation programmes.