INSUBCONTINENT EXCLUSIVE:
PUNE: Persistent Systems reported a 6.7% increase in net profit at Rs 88.14 crore for the quarter ended 30
th September 2018, and a9.8%
increase in revenues at Rs 835.57 crore
In dollar terms, the revenues were up marginally by 0.1% at $118.23 million
lower than expected, we see good growth opportunities across all segments of our business and multiple new projects started this quarter
that will deliver long-term revenue growth
The shortfall in digital revenue can be attributed to short closure of one of our projects and a shift in the business mix as some projects
