#India #Persistent Systems #revenue growth #Pune #Q3 FY26

Persistent Systems Reports $422.5 Million Revenue in Q3 FY26

Persistent Systems, a prominent player in digital engineering and enterprise modernization, recently announced its financial results for the third quarter of the fiscal year 2026. For the quarter ending December 31, 2025, the company reported a revenue of $422.5 million, reflecting a noteworthy 17.3% growth year-over-year and 4.0% quarter-over-quarter increase. This marks the 23rd consecutive quarter of revenue growth for Persistent, showcasing its robust performance in the competitive landscape of technology services.

The impressive results were presented following the board's approval of the audited financial statements and come alongside the announcement of an interim dividend of ₹22 per share for shareholders. CEO Sandeep Kalra expressed pride in the continued growth and profitability of the business, highlighting an EBIT margin of 16.7%, excluding one-time impacts from recent labor law changes.

Highlights from Q3 FY26

The surge in revenue has been attributed to the company's strategic focus on enhancing client engagement, particularly in sectors demanding cutting-edge solutions in data, cloud computing, and digital technologies. Persistent’s integration into Kantar BrandZ’s list of the most valuable Indian brands has further catalyzed its momentum in the market.

Notable Accomplishments in Various Industries

During the third quarter, Persistent also achieved several key milestones in various sectors:

• - Software, High-Tech, and Emerging Industries: The firm made significant strides by scaling an AI-driven digital commerce product, SASVA™, which resulted in seamless migration to cloud-based ERP solutions for a leading manufacturing and supply chain provider.
• - Banking, Financial Services, and Insurance: The revamping of payroll and HCM platforms utilizing SASVA™ and iAURA was aimed at accelerating post-merger integration and reducing technical debt, ultimately fostering scalable innovation.
• - Healthcare and Life Sciences: Persistent advanced the automation and transformation processes for applications, data, infrastructure, and security for a notable U.S.-based pathology and lab sciences organization.

Acknowledgments and Future Directions

The company also received several accolades, including being ranked 6th in Kantar BrandZ’s Business Technology and Services category and various awards recognizing its leaders in the industry. As Persistent looks ahead, the focus will remain on leveraging innovative technologies such as Agentic AI to enhance productivity and seamlessly manage large-scale implementations.

Persistent Systems operates with a clear vision to maintain its growth trajectory through consistent execution, primarily as demand shifts toward larger, more complex projects. By expanding into new markets and refining its service offerings, the company is poised to further its commitment to innovation and customer success.

With over 26,500 employees across 18 countries, Persistent continues to define the landscape of digital engineering solutions. Its dedication to environmental sustainability, demonstrated by achieving carbon neutrality and recognition as one of America's Greatest Workplaces for Inclusion and Diversity in 2025, reflects a holistic commitment to responsible business practices.

In its trajectory, Persistent Systems emphasizes innovation, client-centric strategies, and a proactive approach to take on the evolving challenges in the tech industry while delivering exceptional value to stakeholders.