Persistent Systems reported a 13.7% year-on-year increase in consolidated net profit for the April-June quarter, reaching ₹483.04 crore.
The result marks a significant improvement from the ₹424.93 crore recorded in the same period last year, signaling underlying operational resilience despite recent market volatility.
Persistent Systems shares tumbled 9% to hit a 52-week low of ₹4,404 in morning trade on Monday.
The Software, Hi-Tech and Emerging Industries vertical remained the primary revenue driver, accounting for 40.7% of total income.
This segment delivered a robust 15.7% year-on-year growth, outpacing the broader profit expansion and highlighting continued demand in high-value engineering services.
The positive financial results arrive against a backdrop of severe market pressure.
Persistent Systems shares tumbled 9% to hit a 52-week low of ₹4,404 in morning trade on Monday.