Stock Report

Persistent Systems Ltd reports consolidated PAT of Rs. 220.01 crores in Q2FY23



Posted On : 2022-10-19 21:34:38( TIMEZONE : IST )

Persistent Systems Ltd reports consolidated PAT of Rs. 220.01 crores in Q2FY23

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

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2056.696 crores during the period ended September 30, 2022 as compared to Rs. 1899.089 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 220.014 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 211.612 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 28.79 for the period ended September 30, 2022 as compared to Rs. 27.69 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 2056.696 crs ₹1899.089 crs Up Tick / Down Tick8.30%
Net Profit ₹220.014 crs ₹211.612 crs Up Tick / Down Tick3.97%
EPS ₹28.79 ₹27.69 Up Tick / Down Tick3.97%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 2056.696 crores during the period ended September 30, 2022 as compared to Rs.1383.664 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.220.014 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.161.753 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.28.79 for the period ended September 30, 2022 as compared to Rs.21.16 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 2056.696 crs ₹1383.664 crs Up Tick / Down Tick48.64%
Net Profit ₹220.014 crs ₹161.753 crs Up Tick / Down Tick36.02%
EPS ₹28.79 ₹21.16 Up Tick / Down Tick36.06%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.3955.785 crores during the 6 Months period ended September 30, 2022 as compared to Rs.2652.393 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.431.626 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.313.001 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.56.48 for the 6 Months period ended September 30, 2022 as compared to Rs.40.96 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹3955.785 crs ₹2652.393 crs Up Tick / Down Tick49.14%
Net Profit ₹431.626 crs ₹313.001 crs Up Tick / Down Tick37.90%
EPS ₹56.48 ₹40.96 Up Tick / Down Tick37.89%

Shares of Persistent Systems Limited was last trading in BSE at Rs. 3663.85 as compared to the previous close of Rs. 3692.35. The total number of shares traded during the day was 12324 in over 2353 trades.

The stock hit an intraday high of Rs. 3744.85 and intraday low of 3646.35. The net turnover during the day was Rs. 45494952.00.

Source : Equity Bulls

Keywords

PersistentSystems Q2FY23 H1FY23 ResultUpdate