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Persistent Systems Q4 net profit at ₹529 crore misses estimates; declares ₹18 dividendShares of Persistent Systems Ltd ended at ₹5,369.00, up by ₹46.80, or 0.88%, on the BSE.By Jomy Jos Pullokaran  April 21, 2026, 4:18:46 PM IST (Updated)3 Min ReadMid-tier IT services company Persistent Systems Ltd on Tuesday (April 21) reported a net profit of ₹529 crore for the quarter, up 20.4% QoQ from ₹439.4 crore, but below the CNBC-TV18 poll estimate of ₹535 crore.

Revenue rose 7.4% QoQ to ₹4,056 crore from ₹3,778 crore, exceeding the CNBC-TV18 poll estimate of ₹3,973 crore. In dollar terms, revenue stood at $436 million, up 3.1% QoQ from $423 million, but slightly below the poll estimate of $438 million.

EBIT increased 21.4% QoQ to ₹659 crore from ₹543 crore, while coming in lower than the CNBC-TV18 poll estimate of ₹671 crore. EBIT margin improved to 16.3% from 14.4% QoQ, but was below the poll estimate of 16.9%.

Constant currency revenue growth came in at 3.4%, compared with the CNBC-TV18 poll estimate of 3.8% growth.

Also Read: Persistent Systems Q2 net profit jumps 45% to ₹471 crore, revenue surges 24%; beats estimates

Persistent Systems reported client wins and outcomes for the fourth quarter ended March 31, 2026, with order booking of $600.8 million in total contract value (TCV) and $445.1 million in annual contract value (ACV).

The board has recommended a final dividend of ₹18 per equity share of face value ₹5 for the financial year 2025-26. This translates to ₹40 per share for FY26 compared to ₹35 per share for FY25.

The proposed dividend is subject to approval by shareholders at the company’s 36th Annual General Meeting. The company said the record date for determining eligible shareholders will be announced later.

Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent, "We delivered 17.4% year-on-year revenue growth in FY26, with an EBIT margin of 15.6%. I am pleased to share that we have declared a full-year dividend of ₹40 per share.

Also Read: Persistent Systems stays on course for $2 billion revenue by FY27: CEO Sandeep Kalra

Q4 FY26 marked our 24th sequential quarter of growth, reflecting the consistency of our execution and alignment to client demand in a market being shaped by AI. As AI adoption accelerates, our AI-first strategy is strengthening our operating model and improving the quality and scale of delivery across the business."

Dr Anand Deshpande, Founder, Chairman and Managing Director, Persistent, said, "Our approach has consistently been to build capabilities ahead of demand. Over the past 36 years, we have invested in strengthening our engineering depth and data foundations, which are now finding greater application as AI adoption scales across enterprises.

These investments are leading to deeper client relationships and a more meaningful role in how our clients are reshaping their businesses in the context of AI. We will continue to build and adapt our capabilities as the market evolves, with the same long-term discipline."

Also Read: Persistent Systems stays on course for $2 billion revenue by FY27: CEO Sandeep Kalra

Shares of Persistent Systems Ltd ended at ₹5,369.00, up by ₹46.80, or 0.88%, on the BSE.Continue Reading(Edited by : Jomy Jos Pullokaran)First Published: Apr 21, 2026 4:10 PM ISTTagsearningsPersistent SystemsResults Boardroomshare market today