Persistent Systems Ltd consolidated Q3 FY2022-23 net profit up at Rs. 237.95 crores

Persistent Systems Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 2202.125 crores during the period ended December 31, 2022 as compared to Rs. 2056.696 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 237.954 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 220.014 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 31.14 for the period ended December 31, 2022 as compared to Rs. 28.79 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹2202.125 crs	₹2056.696 crs	7.07%
Net Profit	₹237.954 crs	₹220.014 crs	8.15%
EPS	₹31.14	₹28.79	8.16%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.2202.125 crores during the period ended December 31, 2022 as compared to Rs.1522.381 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.237.954 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.176.395 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.31.14 for the period ended December 31, 2022 as compared to Rs.23.08 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹2202.125 crs	₹1522.381 crs	44.65%
Net Profit	₹237.954 crs	₹176.395 crs	34.90%
EPS	₹31.14	₹23.08	34.92%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.6157.910 crores during the 9 Months period ended December 31, 2022 as compared to Rs.4174.774 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.669.580 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.489.396 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.87.61 for the 9 Months period ended December 31, 2022 as compared to Rs.64.04 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹6157.910 crs	₹4174.774 crs	47.50%
Net Profit	₹669.580 crs	₹489.396 crs	36.82%
EPS	₹87.61	₹64.04	36.81%

Shares of Persistent Systems Limited was last trading in BSE at Rs. 3961.50 as compared to the previous close of Rs. 3974.65. The total number of shares traded during the day was 7129 in over 1299 trades.

The stock hit an intraday high of Rs. 4016.00 and intraday low of 3934.75. The net turnover during the day was Rs. 28403954.00.

Source : Equity Bulls

Keywords

PersistentSystems Q3FY23 9MFY23 ResultUpdate