Persistent Systems Q3 FY26 Revenue at $422.5M, Up 17.3% YoY; Declares ₹22 Dividend
Persistent Systems reported Q3 FY26 revenue of $422.5 million (₹37,782.1 million), a 17.3% YoY increase. The company declared an interim dividend of ₹22 per share. Order booking for the quarter was $674.5 million TCV and $501.9 million ACV. Sandeep Kalra noted sustained demand and focus on larger engagements.
The announcement includes key financial results, dividend declaration, and significant order bookings, which are material information for investors and analysts.
The company reported strong year-on-year revenue growth, consistent sequential growth, and declared an interim dividend, all positive indicators for investors.
Persistent Systems Limited announced its audited financial results for the quarter and nine months ended December 31, 2025, following approval from the Board of Directors at a meeting held on January 20, 2026.
For the third quarter of FY26, the company reported consolidated revenue of $422.5 million, marking a 17.3% year-on-year growth. In INR terms, the revenue was ₹37,782.1 million, with a 23.4% year-on-year increase. The Earnings Before Interest and Taxes (EBIT) stood at ₹5,427.5 million, while Profit Before Tax (PBT) was ₹5,649.9 million and Profit After Tax (PAT) was ₹4,394.5 million. The company noted a one-time impact of approximately 2.3% on EBIT and 1.8% on PAT due to the New Labour Codes.
The Board of Directors declared an interim dividend of ₹22 per share for the Financial Year 2025-2026. Sandeep Kalra, CEO and Executive Director, highlighted the company's 23rd consecutive quarter of revenue growth and an EBIT margin of 16.7% (excluding the one-time impact). He emphasized sustained demand for data, cloud, and digital engineering, and the company's focus on larger, more complex engagements. The order booking for the quarter was $674.5 million in Total Contract Value (TCV) and $501.9 million in Annual Contract Value (ACV).
In other news, Persistent was recognized among India's Most Valuable Brands by Kantar BrandZ and its leaders received several accolades, including Fortune India's Best CEOs and ET Edge India's Impactful CEO Awards. The company was also endorsed as a Microsoft Frontier Firm and received multiple awards for AI and Data Excellence.
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