Persistent Systems Reports $1.41B FY25 Revenue with 18.8% Growth

Pune: Persistent Systems (BSE & NSE: PERSISTENT) today announced its audited financial results for the fiscal year ending March 31, 2025, registering consolidated revenue of $1,409.1 million, a robust 18.8% year-on-year growth.

In Indian rupees, the revenue stood at ₹119,387.2 million, reflecting a 21.6% increase. The company maintained strong profitability, reporting an EBIT margin of 14.7% and PAT growth of 28.0% over the previous year.

For Q4FY25, Persistent reported revenue of $375.2 million, up 4.2% sequentially and 20.7% year-on-year, with an EBIT margin of 15.6%. The Board has recommended a final dividend of ₹15 per share, bringing the total dividend for the year to ₹35 in line with the company’s 35th anniversary.

Persistent Systems also announced the appointment of Vinit Teredesai, Chief Financial Officer, as an Additional Director on the company’s Board.

“Persistent is at the forefront of AI-led digital transformation. Our long-term investments in AI and strong execution have helped embed advanced technologies across our clients’ digital journeys,” said Dr. Anand Deshpande, Founder, Chairman and Managing Director.

CEO and Executive Director Sandeep Kalra added, “We’ve delivered 20 consecutive quarters of revenue growth, underscoring our resilience and operational excellence. Our pivot to AI-led, platform-driven services has laid the foundation for reaching our $2 billion revenue goal by FY27.”

Order Bookings Reported by Persistent Systems

Persistent Systems reported order bookings of $517.5 million in Total Contract Value (TCV) and $350.2 million in Annual Contract Value (ACV) for Q4FY25. Key wins spanned sectors such as BFSI, healthcare, and software, including AI-powered analytics platforms, cloud modernization projects, and cybersecurity solutions.

Persistent Systems continues to gain industry recognition, earning the ISG Star of Excellence™ and a Challenger position in the Gartner® Magic Quadrant™ for Public Cloud IT Transformation Services, reinforcing its leadership in the digital transformation ecosystem.