Consolidated Financial Highlights for the Quarter ended
Q1FY22 Margin % Q-o-Q growth Y-o-Y growth
Revenue (USD Million) 166.82 9.2% 27.3%
Revenue (INR Million) 12,299.26 10.5% 24.1%
EBITDA (INR Million) 2,015.20 16.4% 7.0% 37.6%
PBT (INR Million) 2,030.52 16.5% 9.8% 66.4%
PAT (INR Million) 1,512.48 12.3% 9.8% 68.0%
The 31st Annual General Meeting of the Company was held on
'The 9.2% sequential growth and 27.3% year-on-year growth that we delivered this quarter was amongst the highest ever. I'm especially proud of our team for this achievement during these challenging times.
We won several large digital engineering and enterprise modernization deals. These deals reinforce the differentiated value we deliver to both technology companies and enterprise clients. Our commitment to client success remains central. Our focus on deepening client relationships, disciplined execution, and operational excellence are foundational to achieving consistent, profitable growth. During this quarter, we also acquired Sureline Systems, to bolster our cloud capabilities.'
First Quarter FY22 Client Wins and Outcomes
The order booking for the quarter ended on
Some of the key wins for the quarter include:
Software,
Accelerating the development of an intelligent virtual agent solution for a leading IT provider.
Implementing Salesforce platform to drive business growth, improve CX and unify business processes for an education travel organization.
Re-architecting, re-engineering and modernizing gaming systems for a leader in gaming and lottery products and services.
Banking,
Co-engineering a next generation microservices based platform and managing legacy products for a leading US State and Local Government solution provider.
Transforming wholesale and commercial lending operations through consolidation of multiple legacy systems of record for a major US bank.
Delivering faster time to market for best-in-class employee management solution with cost-effective, rapid scale-up for a US HR and payroll service provider.
Healthcare & Life Sciences
Developing enterprise integration platform, RPA-based CoE and Azure data lake for clinical trial reporting for a leading biopharmaceutical company.
Managing Salesforce roadmap and providing managed services supporting proprietary inventory management platform for a large US-based pharmaceutical firm.
Modernizing cloud security utilizing Azure to improve business safety and resilience for the European arm of a global retail pharmacy company.
Partner Ecosystem
Persistent Systems Joins Growing Ecosystem of Partners Using IBM Cloud Paks with Red Hat OpenShift to Modernize Mission-Critical Workloads
Analyst Recognition
For
Persistent named a Star Performer in
ISG Names Persistent a
Two digital case studies recognized in the 2021 ISG Digital Case Study Awards for best-in-class digital transformation work with enterprise clients
Other News
BloombergQuint: Think of Us as Disrupters, Says Persistent CEO
Forbes: Healthcare Was Already Going Digital Pre-Pandemic. Here's What The Latest Data Indicates Is Next For Patients and Providers.
Persistent Bolsters Cloud Migration Capabilities with Sureline Systems
Caring for
About Persistent
With over 14,500+ employees around the world,
www.persistent.com
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking statements, please visit www.persistent.com/flcs/
Media Contacts
+1 617 633 1635
emma_handler@persistent.com
Manohar Dhanakshirur
Archetype
+91 750 644 5361
manohar.dhanakshirur@archetype.co
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