INSUBCONTINENT EXCLUSIVE:
Pune based IT firm Persistent Systems reported a net profit of Rs87.34cr for the quarter ended 30th June, 2018, up 16.3% as compared to the
corresponding quarter last year
The revenue for the period was up 14.6% at Rs 834.2cr
In dollar terms, the revenue went up by 9.4% at $123.6mn
EBITDA for the quarter improved 34.2% at Rs140 cr
The board recommended a final dividend of Rs 3.00 per share.
Anand Deshpande, Chairman and
Aligning our investments with technology shifts and trends, our focus on new technologies is driving traction with new projects won during
in Financial Services, Healthcare, and in Industrial IoT.
Another highlight during the quarter was the pilot launch of the Hardware Edition
of the Smart India Hackathon 2018
