Persistent Systems profit up 34.90% YOY in Q3FY23

Persistent Systems Ltd has reported consolidated financial results for the period ending December 31, 2022.

Declared a dividend of Rs. 28. Record date – January 27, 2023.

Financial Results (Q3 FY2023) – QoQ Comparison

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

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%

• EBIT up 11.6% ₹332.2 vs ₹298.7 (QYQ)
• EBIT margin at 15.3% Vs 14.6% (QoQ)

Share Price

Persistent Systems Ltd is currently 8.95% down this year.