InvestorQ : Can you tell me about the quarterly results of Persistent Systems for Q4?
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Can you tell me about the quarterly results of Persistent Systems for Q4?

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Riya Dwivedi answered.
3 weeks ago
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Persistent Systems net sales for the Mar-22 quarter grew 47.11 at Rs.1,638 crore while on a sequential basis, revenues were up by 9.80%. Persistent saw sharp growth in revenues across all key verticals including BFSI, healthcare & life sciences as well as the technology verticals. Net cash from operations were up 14.8% at Rs.845 crore for FY22. Final dividend recommended was Rs.11/share on top of Rs.20/share interim dividend already declared.

Persistent Systems

Rs in Crore

Mar-22

Mar-21

YOY

Dec-21

QOQ

Total Income (Rs cr)

₹ 1,637.85

₹ 1,113.36

47.11%

₹ 1,491.72

9.80%

Net Profit (Rs cr)

₹ 200.99

₹ 137.76

45.90%

₹ 176.40

13.94%

Diluted EPS (Rs)

₹ 26.30

₹ 18.03

₹ 23.08

Net Margins

12.27%

12.37%

11.83%

Q4 net profits was up 45.9% at Rs.200.99 crore. In terms of verticals, BFSI vertical showed tepid growth yoy. However, this was more than compensated by operating profit growth in the healthcare & life sciences vertical as well as the technology vertical. Net profit margins for the Mar-22 quarter was 12.27% compared to 12.37% in Mar-21 quarter. The net margins were higher sequentially compared to 11.83% in Q3.

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