Persistent Systems Ltd Q1 FY23 consolidated PAT higher at Rs. 211.61 crores

Persistent Systems Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1899.089 crores during the period ended June 30, 2022 as compared to Rs. 1679.927 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 211.612 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 200.990 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 27.69 for the period ended June 30, 2022 as compared to Rs. 26.30 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1899.089 crs	₹1679.927 crs	13.05%
Net Profit	₹211.612 crs	₹200.990 crs	5.28%
EPS	₹27.69	₹26.30	5.29%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1899.089 crores during the period ended June 30, 2022 as compared to Rs.1268.729 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.211.612 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.151.248 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.27.69 for the period ended June 30, 2022 as compared to Rs.19.79 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1899.089 crs	₹1268.729 crs	49.68%
Net Profit	₹211.612 crs	₹151.248 crs	39.91%
EPS	₹27.69	₹19.79	39.92%

Shares of Persistent Systems Limited was last trading in BSE at Rs. 3564.35 as compared to the previous close of Rs. 3512.05. The total number of shares traded during the day was 14844 in over 2831 trades.

The stock hit an intraday high of Rs. 3610.00 and intraday low of 3452.00. The net turnover during the day was Rs. 52801751.00.

Source : Equity Bulls

Keywords

PersistentSystems Q1FY23 ResultUpdate