PERSISTENT: Persistent Systems Limited has informed the Exchange regarding a press release dated April 21, 2026, titled "Press Release regarding financial results for the quarter and year ended March 31, 2026".
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Persistent Systems reported FY26 revenue of $1,654.4M, up 17.4% year-on-year, with INR revenue of 147,484.5M growing 23.5%. EBIT rose 31.5% to 23,034.7M INR with margin expanding to 15.6%, while PAT grew 33.2% to 18,651.2M INR at 12.6% margin. Q4 FY26 revenue came in at $436.0M, up 3.2% quarter-on-quarter and 16.2% year-on-year, marking the company's 24th sequential quarter of growth. New order bookings for the quarter stood at $600.8M in Total Contract Value and $445.1M in Annual Contract Value. The Board recommended a final dividend of ₹18 per share, taking the full-year FY26 dividend to ₹40 per share versus ₹35 in FY25. The company also highlighted AI-led strategy momentum, new product launches, leadership additions, and recognitions including being named the fastest-growing IT services brand globally by Brand Finance.
Strong all-round performance with double-digit revenue growth, margin expansion, record order bookings, and a higher dividend signals healthy business momentum. Likely positive for shareholder sentiment and stock price, though results include a small one-time drag of about 0.6% on EBIT and 0.5% on PAT from new labour codes.