Persistent Systems Limited reported consolidated and un-consolidated audited earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on consolidated basis, revenue was INR 5,920.74 million against INR 4,946.38 million a year ago. EBITDA was INR 1,110.45 million against INR 995.34 million a year ago. EBIT was INR 863.98 million against INR 748.86 million a year ago. PBT was INR 1,024.44 million against INR 993.65 million a year ago. PAT was INR 774.89 million against INR 744.62 million a year ago. EPS diluted was INR 9.69 per share against INR 9.31 per share a year ago. Profit from operations before income, finance cost and exceptional items were INR 838.11 million against INR 748.86 million a year ago. CAPEX for the quarter was INR 123 million.

For the nine months, on consolidated basis, revenue was INR 16,352.21 million against INR 13,937.99 million a year ago. EBITDA was INR 3,097.04 million against INR 2,901.05 million a year ago. EBIT was INR 2,387.80 million against INR 2,189.78 million a year ago. PBT was INR 2,928.37 million against INR 2,941.57 million a year ago. PAT was INR 2,165.54 million against INR 2,145.81 million a year ago. Profit from operations before income, finance cost and exceptional items were INR 2,361.93 million against INR 2,189.78 million a year ago. EPS diluted before and after extraordinary items was INR 22.07 per share against INR 26.82 per share a year ago.

For the quarter, on unconsolidated on basis, the company reported total income from operations of INR 3,811 million against INR 3,239.95 million a year ago. Profit from operations before income, finance cost and exceptional items were INR 603.10 million against INR 585.36 million a year ago. Profit from ordinary activities before tax was INR 779.60 million against INR 824.24 million a year ago. Net profit for the period was INR 600.29 million or INR 7.50 per basic and diluted share before and after exceptional items against INR 611.47 million or INR 7.64 per basic and diluted before and after exceptional items share a year ago.

For the nine months, on unconsolidated on basis, the company reported total income from operations of INR 10,663.71 million against INR 9,157.68 million a year ago. Profit from operations before income, finance cost and exceptional items were INR 2,251.01 million against INR 1,769.48 million a year ago. Profit from ordinary activities before tax was INR 779.60 million against INR 824.24 million a year ago. Net profit for the period was INR 2,039.70 million or INR 25.50 per basic and diluted share before and after exceptional items against INR 1,881.94 million or INR 23.52 per basic and diluted before and after exceptional items share a year ago.

The company expects CAPEX to be in the range of INR 250 million to INR 300 million for the fourth quarter of fiscal 2016.