Pune: Persistent Systems (BSE: 533179, NSE: PERSISTENT) has been awarded the Growth Honor of the Year at the 2025 Everest Group Elevate Honors.
The recognition highlights the company’s consistent revenue momentum, strong financial performance, and market differentiation among global peers in the $1–5 billion revenue category.
The award celebrates Persistent’s industry-leading organic, constant-currency revenue growth among publicly listed global service providers. Determined solely on performance merit, Everest Group’s Elevate Honors are based on independent, analyst-driven research.
Also Read: Persistent Systems Named ‘Most Honored Company’ in 2025 Extel Asia Executive Team Survey
Persistent Systems Growth Honor Recognizes Consistent Performance
Persistent has delivered 21 consecutive quarters of revenue growth, with trailing twelve-month (TTM) revenue of $1,470.7 million as of Q1 FY26. The company achieved a 25.6% CAGR between FY21–FY25 and a 17.4% CAGR since its IPO in 2010. In addition, Persistent has created exceptional shareholder value, delivering a five-year return of 1,805.2%.
Persistent’s growth has been powered by its AI-led, platform-driven services strategy and differentiated offerings such as SASVA™, iAURA, and GenAI Hub.
AI-Led Strategy and Client-Centric Approach Driving Growth
The company has consistently delivered tangible business outcomes, supported by a strong partner ecosystem and a world-class talent base. Despite global economic uncertainties, Persistent continues to expand its leadership position through disciplined execution and innovation.
The recognition was announced during Everest Group Elevate 2025 in Dallas, an inaugural global leadership gathering focused on enterprise growth, strategy, and customer impact at scale.
Also Read: Persistent Q1 FY26 Revenue Grows 18.8 Per Cent YoY to USD 389.7M
Recognition at Everest Group Elevate 2025 in Dallas
Commenting on the award, Sandeep Kalra, CEO and Executive Director, Persistent Systems, said: “We thank Everest Group for this recognition, which affirms the trust of our clients, the passion of our global team, and the strength of our partnerships. Our disciplined execution and innovation mindset, supported by our AI-led, platform-driven services strategy, have powered our growth and enabled us to deliver measurable outcomes. As we advance toward our aspiration of becoming a $5 billion company by FY31, we remain committed to accelerating this momentum and setting new benchmarks for growth and performance.”
Ronak Doshi, Partner, Everest Group, added: “Elevate Honors are based on independent, data-driven research and serve as third-party validation of excellence. We congratulate Persistent Systems on its recognition as Growth Honor of the Year in the $1–5 billion annual revenue category.”
