Persistent Systems Q2 results: Consolidated net profit soared 11% QoQ to ₹471 crore; EBIT margin expands

The firm clocked a profit of ₹471.47 crore in the September quarter of FY26, compared to ₹424.90 crore in the previous quarter, it said in a regulatory filing.

The technology company’s revenue from operations soared 7.4% QoQ to ₹3,580.72 crore during the quarter under review, as against 3,333.59 crore in the first quarter of FY26.

At an operational level, Persistent Systems’ EBIT (earnings before interest and tax), also known as operating profit, stood at ₹583 crore in Q2 of FY26, marking a 12.6% QoQ jump from ₹517.8crore in the June quarter of FY26.

Its EBIT margin expanded to 16.3% during the quarter, from 15.5% in Q1FY26.

The company’s order booking for the quarter ended September 30, 2025, stood at $609.2 million in total contract value (TCV) and $447.9 million in annual contract value (ACV), it stated.

Commenting on the earnings, Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent, said: “We are pleased to report our 22nd sequential quarter of revenue growth, up 4.2% Q-o-Q and 17.6% Y-o-Y, with operating margin improving to 16.3%. Driven by the continued trust of our clients, this performance reflects our commitment to impactful transformation and execution excellence.”

He added that the company’s AI strategy builds on a strong platform-led foundation and is powered by deep domain knowledge, differentiated IPs, accelerators and strategic partnerships, adding: “This integrated approach brings together enterprise readiness for AI transformation, engineering hyper-productivity and business hyper-productivity, enabling clients to scale innovation, modernize their core and achieve measurable impact faster.”

“Our sustained momentum was recognized by Everest Group with the ‘Growth Honor of the Year,’ and our talent excellence reaffirmed by our placement as a Leader in the Talent Readiness for Next-generation Cloud Services PEAK Matrix Assessment 2025, underscoring the strength of our capabilities and commitment to long-term stakeholder value,” Kalra stated.

Shares of Persistent Systems closed 0.56% lower at ₹5,299.80 apiece on the National Stock Exchange (NSE) on Tuesday. However, the results were announced after the market closed.