Persistent Systems delivered another strong quarter, with revenue rising 4.4 per cent QoQ in constant currency terms (up 17.6 per cent YoY) to $406.2 million — ahead of the 3.7 per cent growth estimated by analysts. EBIT margin expanded 80 basis points sequentially to 16.3 per cent, beating the expected 15.6 per cent. Total contract value (TCV) came in at $609 million, up 15 per cent YoY. Advertisement

Analysts said Persistent’s consistent revenue growth and expanding margins are driving industry-leading earnings momentum, supporting further stock outperformance despite macro headwinds.

Nuvama said Persistent continued to post sector-leading growth, with 17.6 per cent YoY revenue rise in Q2FY26 and a strong trajectory toward its FY27 revenue goal of $2 billion, implying an 18 per cent C

See Full Page