Information Technology
Persistent Reports $1,409.1M FY25 Revenue with 18.8% Y-o-Y Growth and 14.7% EBIT Margin
The Board of Directors recommended a Final Dividend of ₹15 per share. This brings the total dividend for the year to ₹35, to acknowledge Persistent's 35 anniversary. The Dividend recommended by the Board is subject to approval at the ensuing Annual General Meeting.
Furthermore, Persistent welcomed Vinit Teredesai , Chief Financial Officer, as Additional Director to the Board.
The order booking for the quarter ended on March 31, 2025 , was $517.5 million in Total Contract Value (TCV) and $350.2 million in Annual Contract Value (ACV).
Some of the key wins for the quarter include:
Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization to businesses across industries. With over 24,500 employees located in 19 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation. The Company is part of the MSCI India Index and is included in key indices of the National Stock Exchange of India , including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15 as well as several on the BSE such as the S&P BSE 100 and S&P BSE SENSEX Next 50. Persistent is also a constituent of the Dow Jones Sustainability World Index. The Company has achieved carbon neutrality, reinforcing its commitment to sustainability and responsible business practices. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With 327% growth in brand value since 2020, Persistent is the fastest-growing IT services brand in the 2024 Brand Finance India 100 Report.
www.persistent.com
For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs
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