BusinessPhoto: Mint MarketsPersistent Systems Q2 FY27 Profit Rises 5%, Shares Fall 5%
Persistent Systems reported a 5% year-on-year rise in consolidated profit after tax (PAT) to ₹495.15 crore in Q2 FY27, excluding exceptional expenses. However, reported PAT fell 25.4% to ₹351.51 crore due to a ₹185.34 crore exceptional expense related to its proposed Nagarro acquisition. Revenue rose 30.3% to ₹4,663.9 crore, with 26 consecutive quarters of growth. EPS declined 26% to ₹22.40, while EBIT increased 19.5% to ₹697.72 crore. Shares dropped over 5% to an intraday low of ₹5,492 on October 16.
Mint Markets·




