Home / Business and Economy / Persistent Systems Surges 45% in Q3 Profit, Beats Expectations
Persistent Systems Surges 45% in Q3 Profit, Beats Expectations
15 Oct
Summary
- Persistent Systems' Q3 net profit rises 45% year-over-year
- Profit up 10.9% from previous quarter, exceeding analysts' forecasts
- Gains driven by reduced software license costs, foreign currency
On October 15, 2025, Persistent Systems, an Indian IT services company, reported robust financial results for the September quarter. The company's net profit surged 45% year-over-year, reaching ₹471.4 crore, which was also 10.9% higher compared to the previous quarter.
The impressive performance was driven by a reduction in software license costs for one of Persistent Systems' clients, as well as gains from foreign currency fluctuations, according to CEO Sandeep Kalra. The company's results exceeded analysts' expectations, showcasing its ability to navigate the challenges of the technology sector.
Persistent Systems' shares responded positively to the news, rising more than 4% during Tuesday's trading session. The company's strong financial showing underscores its resilience and ability to adapt to changing market conditions, positioning it for continued success in the months ahead.
