Persistent Systems share price crashed over 5% in Friday’s trading session after the company reported its financial results for the September quarter FY27. The stock opened at ₹5,600 per share today, as compared to previous close of ₹5,840 on Thursday and touched an intraday low of ₹5,492 on 16 October.
Persistent Systems Q2 results 2026
Persistent Systems reported a 5% year-on-year rise in consolidated profit after tax (PAT), excluding exceptional expenses, to ₹495.15 crore in the second quarter of FY27 on Thursday, October 15. However, reported PAT declined 25.4% to ₹351.51 crore after the company incurred an exceptional expense of ₹185.34 crore related to its proposed acquisition of Nagarro.
Revenue from operations increased 20.8% year-on-year in constant currency terms. In rupee terms, revenue rose 30.3% to ₹4,663.9 crore, while dollar-denominated revenue grew 20% to $487.6 million.
On a sequential basis, revenue increased 8.4% in rupee terms and 7.8% in US dollar terms, marking the company’s 26th consecutive quarter of revenue growth.
Meanwhile, earnings per share (EPS) declined 26% to ₹22.40. Earnings before interest and tax (EBIT) rose 19.5% year-on-year to ₹697.72 crore, although the EBIT margin contracted to 15% from 16.3% in the corresponding quarter last year.
Earnings before interest, tax, depreciation and amortisation (EBITDA) grew 26.4% year-on-year to ₹864.4 crore. However, the EBITDA margin moderated to 18.5% from 19.1% in Q2 FY26.
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