Dividend Alert: This IT Company Announces Rs 15 Final Payout For FY25; Check Details
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A BSE 100 IT company announced a final dividend of Rs 15 per equity share for FY2024-25.
Persistent Systems Final Dividend 2025: Persistent Systems, Indian multinational IT company, on Thursday announced a final dividend of Rs 15 per equity share for the financial year 2024-25. However, the company will decide the record date for the purpose of payment of the final dividend for the FY2024-25 later in a separate intimation.
'This Final Dividend is subject to the approval of Members at the ensuing 35th Annual General Meeting which will be held on or before September 30, 2025," as informed by the company in the filing.
'The Book Closure and Record date for the purpose of payment of the Final Dividend for the Financial Year 2024-25 will be determined later and will be informed separately."
Merger Of Arrka Infosec Approved
advetisement
The board members in the meeting on April 24 also approved the merger of Arrka Infosec Private Limited into Persistent Systems Limited, subject to the receipt of necessary statutory approvals in
accordance with the provisions of the Companies Act, 2013 through the National Company Law Tribunal route.
Arrka Infosec Private Limited is a Wholly Owned Subsidiary of Persistent Systems Limited (Holding Company).
Arrka Infosec has total of 103,401 equity shares with the face value of Rs 10.
On Wednesday, Persistent Systems' shares settled 4 per cent higher to Rs 5,162.70 apiece. The day's high and low stood at Rs 5,248.95 and Rs 5,026. respectively.
Persistent Systems Share Price History
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Persistent Systems' share price history can be observed through its financial performance over recent quarters and fiscal years. For the December 2024 quarter, revenue stood at Rs 3,001.67 million, showing an increase from Rs 2,847.41 million in the September 2024 quarter.
For the fiscal year 2023-2024, the cumulative revenue reached Rs 6,514.22 million. Net profit for the December 2024 quarter was Rs 333.61 million, up from Rs 285.96 million in September 2024, totaling Rs 985.67 million for the fiscal year.
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The Earnings Per Share (EPS) for December 2024 was Rs 21.41, compared to Rs 18.46 in the previous quarter, with a yearly EPS of Rs 64.
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New Delhi, India, India
First Published:
April 24, 2025, 07:27 IST
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