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Persistent Systems standalone net profit rises 9.88% in the March 2021 quarter

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Capital Market

Sales rise 20.93% to Rs 684.66 crore

Net profit of Persistent Systems rose 9.88% to Rs 140.07 crore in the quarter ended March 2021 as against Rs 127.48 crore during the previous quarter ended March 2020. Sales rose 20.93% to Rs 684.66 crore in the quarter ended March 2021 as against Rs 566.14 crore during the previous quarter ended March 2020.

For the full year,net profit rose 23.88% to Rs 505.09 crore in the year ended March 2021 as against Rs 407.72 crore during the previous year ended March 2020. Sales rose 17.62% to Rs 2479.61 crore in the year ended March 2021 as against Rs 2108.12 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales684.66566.14 21 2479.612108.12 18 OPM %25.0926.27 -24.6420.54 - PBDT205.65180.07 14 724.70588.41 23 PBT190.10166.42 14 668.02532.90 25 NP140.07127.48 10 505.09407.72 24

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

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