PERSISTENTNSEPersistent Systems Limited· Computers - SoftwareLowNeutral
Announced Mon, 23 Jun · 23:53 IST

Persistent Systems Limited has informed the Exchange regarding 'Submission of Business Responsibility and Sustainability Report for FY 2024-25'.

PERSISTENT · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Persistent Systems filed its BRSR for FY 2024-25 with the stock exchanges, as required under SEBI's listing rules. The company is a digital engineering and enterprise modernization firm with operations in 18 countries, 24,594 employees, and turnover of ₹11,728 crore, of which 95% came from software/IT services and 91% from exports. Key ESG highlights include achieving carbon neutrality for Scope 1 and 2 emissions, sourcing 62.79% renewable energy at Indian owned facilities, recycling 99% of waste, planting 35,795 trees, and recording zero workplace accidents and zero data breaches. Workforce diversity stands at 29.85% women, with 51 specially-abled employees and 59 nationalities, while CSR programs touched 52,451 lives. DNV provided reasonable assurance on the 9 core BRSR attributes, and Ernst & Young independently assessed the company's policies.

Likely market impact

This is a routine regulatory disclosure and is unlikely to move the stock price on its own, but it reinforces Persistent's strong ESG credentials — particularly on carbon neutrality, renewable energy adoption, and data security — which may appeal to sustainability-focused investors and support long-term brand strength.