Persistent’s Q1 net profit rises 13.7% YoY to Rs 483 crores, revenue up 29%

The Pune-headquartered IT services company recorded its highest ever quarterly deal wins of $1.15 billion.

The Pune-headquartered IT firm saw a record high quarterly Total Contract Value (TCV) of $1.15 billion, along with $536.8 million in annual contract value.

Persistent Systems Q1FY27 net profit up 13.7% YoY.

Achieved record $1.15 billion quarterly TCV.

Acquired German digital engineering firm Nagarro.

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Debangana Ghosh