The IT services firm reported a 25.36 per cent rise in net profit at Rs 315. crore (year-on-year) for the fourth quarter (Q4).
The company's board recommended a final dividend of Rs 10 per share at face value of Rs 5 per share for the financial year 2023-24.
Anand Deshpande, Founder, Chairperson and Managing Director, Persistent, said, “Our continued success this financial year is a testament to our innovative spirit, remarkable flexibility and strategic foresight, powering our customers' digital transformation journeys.”
Order booking for the quarter ended March 31 stood at $447.7 million in total contract value (TCV) and $316.8 million in annualized contract value (ACV terms).
Sandeep Kalra, CEO and Executive Director of Persistent, said, “As we enter the new financial year, we are confident in our ability to drive sustainable growth with strategic investments in disruptive technologies like A and the path forward. Excited about."
With more than 23,800 employees in 21 countries, Persistent Systems provides digital engineering and enterprise modernization solutions.
According to Brand Finance, Persistent is the fastest growing Indian eye services brand, with a growth of 268 percent since 2020.
“We will continue to push the boundaries to scale new heights in the coming year,” Deshpande said.
The company's board recommended a final dividend of Rs 10 per share at face value of Rs 5 per share for the financial year 2023-24.
Anand Deshpande, Founder, Chairperson and Managing Director, Persistent, said, “Our continued success this financial year is a testament to our innovative spirit, remarkable flexibility and strategic foresight, powering our customers' digital transformation journeys.”
Order booking for the quarter ended March 31 stood at $447.7 million in total contract value (TCV) and $316.8 million in annualized contract value (ACV terms).
Sandeep Kalra, CEO and Executive Director of Persistent, said, “As we enter the new financial year, we are confident in our ability to drive sustainable growth with strategic investments in disruptive technologies like A and the path forward. Excited about."
With more than 23,800 employees in 21 countries, Persistent Systems provides digital engineering and enterprise modernization solutions.
According to Brand Finance, Persistent is the fastest growing Indian eye services brand, with a growth of 268 percent since 2020.
“We will continue to push the boundaries to scale new heights in the coming year,” Deshpande said.
