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Persistent Systems Limited is a Digital Engineering Enterprise Modernization partner for software product companies and enterprises. The company provides services across all phases of the product lifecycle, focusing on software development, enhancement, and deployment. It operates in various sectors including telecommunications, life sciences, and infrastructure. Persistent Systems has expanded globally with subsidiaries and offices in multiple countries. The company has made several acquisitions to enhance its capabilities, including CloudSquads, Aepona IoT platform, and PARX. In 2023, Persistent Systems launched GenAI-led offerings and established a dedicated task force for developing AI solutions. The company's main business segments are Banking, Financial Services, and Insurance (BFSI), Healthcare & Life Sciences, and Software, Hi-Tech, and Emerging Industries. Its services include digital strategy, software product engineering, cloud & infrastructure, enterprise IT security, and data analytics.
In the news

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Persistent Systems Q1 FY27: Growth Meets Margin Pressure

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Indian IT Services: Q4FY26 Earnings, Currency Tailwinds, and the Tier-2 Opportunity

Persistent Systems Sets Q3FY26 Results Call for Jan 20
Company insights, generated from the most recent coverage.
Persistent Systems maintained superior operating margins (14.92%) compared to Hexaware (12.48%), demonstrating better operational efficiency and pricing power.
Recent 'A' ESG rating from SES (score 83.3) and 'Excellent' from ESG Risk Assessment enhance appeal to ESG-focused institutional investors.
Q1 FY27 revenue grew 16.1% YoY in USD terms with EBITDA margin expanding 30 bps to 18.6%, demonstrating operating leverage.