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Persistent Systems Q1 PAT climbs 7% QoQ to Rs 425 cr
Persistent Systems Q1 PAT climbs 7% QoQ to Rs 425 cr

Business Standard

time24-07-2025

  • Business
  • Business Standard

Persistent Systems Q1 PAT climbs 7% QoQ to Rs 425 cr

Persistent System reported 7.37% jump in consolidated net profit to Rs 424.94 crore on 2.82% increase in revenue from operations to Rs 3,333.59 crore in Q1 FY26 over Q1 FY25. On a year on year basis, the companys net profit and revenue 38.7% and 21.8% QoQ in Q1 FY26. Profit before tax (PBT) stood at Rs 555.41 crore, up 9.94% QoQ and 63.9% YoY. EBIT in the June 2025 quarter, EBIT improved 2.5% to Rs 517.81 crore, compared to Rs 505.29 crore in Q4 FY25. The EBITDA margin also increased to 15.5%, up from 14% in the same period last year. In dollar terms, the IT firms revenue stood at $389.7 million in Q1 FY26, up 18.8% YoY and 3.9% QoQ. The order booking for the quarter ended on 30th June 2025, was at $520.8 million in total contract value (TCV) and at $385.3 million in annual contract value (ACV) terms. Sandeep Kalra, chief executive officer (CEO) and executive director, Persistent, said: We delivered our 21st sequential quarter of revenue growth, up 3.9% Q-o-Q and 18.8% Y-o-Y, while sustaining operating margins in a challenging macroeconomic environment. This performance reflects the strength of our AI-led, platform-driven strategy, focus on customer value creation, and our ability to unlock measurable outcomes. Our innovation-led execution and sharp focus on talent continue to drive momentum. This has earned us recognition as a Leader in the ISG Provider Lens 2025 for Digital Engineering Services and in the Everest Group Talent Readiness for Next-Gen Application Services PEAK Matrix Assessment 2025. We are also proud to achieve top rankings in Extels Asia Executive Team survey for Investor Relations and stakeholder trust. Persistent Systems is a global services and solutions company delivering digital engineering and enterprise modernization to businesses across industries. The scrip tumbled 7.16% to Rs 5204.00 on the BSE.

Pathways Consulting Group Recognized by ISG in the 2025 ServiceNow Ecosystem Partners Report
Pathways Consulting Group Recognized by ISG in the 2025 ServiceNow Ecosystem Partners Report

Yahoo

time20-05-2025

  • Business
  • Yahoo

Pathways Consulting Group Recognized by ISG in the 2025 ServiceNow Ecosystem Partners Report

Independent research firm recognizes Pathways for Consulting, Implementation & Integration and Managed Services excellence in the ServiceNow ecosystem. OLYPHANT, Pa., May 20, 2025 /PRNewswire/ -- Pathways Consulting Group has been recognized as a Contender in the ISG Provider Lens 2025 - ServiceNow Ecosystem Partners. The firm earned this distinction across all three evaluation categories: Consulting Services, Implementation and Integration, and Managed Services. The report by Information Services Group (ISG), a leading global technology research and advisory firm, highlights Pathways' ability to deliver value throughout the entire ServiceNow lifecycle. ISG's evaluation confirms the company's track record of providing high-quality, future-ready solutions that incorporate ServiceNow's latest innovations, including AI/ML and Now Assist. "This acknowledgment by ISG means so much because it celebrates the work our team puts in every day," said Mary Manzo, CEO of Pathways Consulting Group. "Recognition like this doesn't happen without extraordinary people. We've built something special together, and I'm proud of how we continue to show up for each other and for our clients." The ISG report also underscored Pathways' forward-thinking capabilities, positioning the company to support clients in modernizing operations and accelerating digital transformation. Backed by a passionate team and a decade of proven results, Pathways remains committed to delivering thoughtful, agile ServiceNow solutions that grow with clients and meet the challenges of tomorrow, today. About Pathways Consulting Group We are ServiceNow experts. At Pathways, we listen. We care. We execute. As a ServiceNow Elite Partner, Pathways Consulting Group has been helping clients unlock productivity, fuel efficiency and accelerate the path to digital transformation for over a decade. From financial services to media/entertainment, high-tech to retail, we help organizations across industries automate processes, saving them time and man-hours, leading to a faster realization of ROI and employee adoption of ServiceNow. We've earned and have always maintained a high (4.85/5) customer satisfaction score for over fifteen years, and have earned our reputation for strategic and technical excellence as well as our flexible, collaborative approach and proven outcomes. Media Contact:Jeff GiovinazzoPresident, Pathways Consulting Groupjeff@ View original content: SOURCE Pathways Consulting Group Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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