Pune-headquartered software firm Persistent Systems has posted better than expected number for the quarter ended December 2015 with sales of Rs 592.07 cr, a growth of 9.1% sequentially and 19.7% year-on-year.
Profit after tax for the quarter was Rs 77.48, up 7.8% sequentially and 4.1% year-on-year. The dollar revenue for the quarter was up 8.1 % sequentially at $89.65 million.Anand Deshpande, Managing Director and CEO, Persistent Systems said “Our strategy continues to pay off. Our platform-based solutions and a robust partner ecosystem drives our strategy for enterprise digital transformation. Our acquisitions are strengthening our technology expertise, all helping fuel a record quarter for us.”
Persistent Systems’ Q3 earnings beat estimates. Anand Deshpande, MD & CEO takes us through the company’s earnings https://t.co/iqZSicIeEd
— CNBC-TV18 News (@CNBCTV18News) January 25, 2016
Better than expected Q3 results for #Persistent Systems pic.twitter.com/Heq9zQIsMP
— Press Release Watch (@PrReleaseWatch) January 25, 2016
Profit after tax for the quarter was Rs 77.48, up 7.8% sequentially and 4.1% year-on-year. The dollar revenue for the quarter was up 8.1 % sequentially at $89.65 million.Anand Deshpande, Managing Director and CEO, Persistent Systems said “Our strategy continues to pay off. Our platform-based solutions and a robust partner ecosystem drives our strategy for enterprise digital transformation. Our acquisitions are strengthening our technology expertise, all helping fuel a record quarter for us.”
