Persistent Systems Ltd reports consolidated PAT of Rs. 176.39 crores in Q3 FY22

Persistent Systems Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 1522.381 crores during the period ended December 31, 2021 as compared to Rs. 1383.664 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 176.395 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 161.753 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 23.08 for the period ended December 31, 2021 as compared to Rs. 21.16 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 1522.381 crs	₹1383.664 crs	10.03%
Net Profit	₹176.395 crs	₹161.753 crs	9.05%
EPS	₹23.08	₹21.16	9.07%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 1522.381 crores during the period ended December 31, 2021 as compared to Rs.1105.410 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.176.395 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.120.924 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.23.08 for the period ended December 31, 2021 as compared to Rs.15.82 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 1522.381 crs	₹1105.410 crs	37.72%
Net Profit	₹176.395 crs	₹120.924 crs	45.87%
EPS	₹23.08	₹15.82	45.89%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.4174.774 crores during the 9 Months period ended December 31, 2021 as compared to Rs.3142.266 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.489.396 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.312.918 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.64.04 for the 9 Months period ended December 31, 2021 as compared to Rs.40.94 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹4174.774 crs	₹3142.266 crs	32.86%
Net Profit	₹489.396 crs	₹312.918 crs	56.40%
EPS	₹64.04	₹40.94	56.42%

Shares of Persistent Systems Limited was last trading in BSE at Rs. 4238.50 as compared to the previous close of Rs. 4268.20. The total number of shares traded during the day was 28199 in over 7509 trades.

The stock hit an intraday high of Rs. 4372.20 and intraday low of 4184.65. The net turnover during the day was Rs. 120715841.00.

Source : Equity Bulls

Keywords

PersistentSystems Q3FY22 9MFY22 ResultUpdate