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Persistent Systems consolidated net profit rises 64.35% in the March 2021 quarter

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Capital Market

Sales rise 20.19% to Rs 1113.36 crore

Net profit of Persistent Systems rose 64.35% to Rs 137.76 crore in the quarter ended March 2021 as against Rs 83.82 crore during the previous quarter ended March 2020. Sales rose 20.19% to Rs 1113.36 crore in the quarter ended March 2021 as against Rs 926.37 crore during the previous quarter ended March 2020.

For the full year,net profit rose 32.44% to Rs 450.68 crore in the year ended March 2021 as against Rs 340.29 crore during the previous year ended March 2020. Sales rose 17.45% to Rs 4187.89 crore in the year ended March 2021 as against Rs 3565.81 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1113.36926.37 20 4187.893565.81 17 OPM %16.9213.70 -16.3113.81 - PBDT226.78155.07 46 784.99618.30 27 PBT184.88113.04 64 609.44452.34 35 NP137.7683.82 64 450.68340.29 32

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First Published: Apr 30 2021 | 8:24 AM IST

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