Persistent Systems Q4FY26: PAT up 33%, ₹18 dividend

Result day and why it matters

Persistent Systems announced its January to March quarter (Q4) results for FY2025-26 on April 21. The midcap IT services company reported higher profit and revenue on a year-on-year basis, alongside a proposed final dividend. The numbers were disclosed through exchange filings, including consolidated financial statements. The company also published audited financial results for the quarter and year ended March 31, 2026. The combination of earnings growth and a higher shareholder payout kept investor focus on execution and cash returns.

Q4FY26 profit rises 33% year-on-year

Persistent Systems reported consolidated profit after tax (PAT) of ₹529 crore for Q4FY26. This was up 33% versus ₹395 crore in the same quarter of the previous year, as per NSE filings. On a sequential basis, net profit rose about 20% in the March quarter. Another set of figures in the provided data pegged the previous quarter PAT at ₹439.4 crore, implying a similar quarter-on-quarter rise. The company’s earnings per share (EPS) increased to ₹33.83 in Q4FY26 from ₹25.64 a year ago.

Revenue growth remains strong in Q4FY26

Revenue from operations in Q4FY26 rose 25% year-on-year to ₹4,056 crore, compared with ₹3,242 crore in Q4 of the prior year. On a sequential basis, revenue growth was reported at 7.3% in filings. The dataset also cites Q3 revenue of ₹3,778 crore, which implies roughly 7.4% quarter-on-quarter growth. In US dollar terms, quarterly revenue was stated at $136 million, up 3.1% quarter-on-quarter.

EBIT and margins: improvement, but below some estimates

Operating profitability improved in the quarter based on the figures cited. EBIT increased 21.4% to ₹659 crore from ₹543 crore in the previous quarter. EBIT margin rose to 16.3% from 14.4% sequentially. However, the provided context also notes that the quarter’s EBIT and margin were below some published expectations: EBIT was compared against an estimate of ₹671 crore, while margin was compared against 16.9%. Constant currency revenue growth was stated at 3.4% versus an estimate of 3.8%.

Deal metrics disclosed for the March 2026 quarter

For the quarter ended March 31, 2026, the company reported Total Contract Value (TCV) of $100.8 million. Annual Contract Value (ACV) for the same period was stated at $145.1 million. These figures were provided alongside quarterly profitability and growth metrics. The numbers indicate the scale of deal bookings disclosed for the period. The company did not provide additional breakdowns in the supplied text.

Final dividend recommendation: ₹18 per share

Persistent Systems’ board recommended a final dividend of ₹18 per equity share for FY2025-26. The equity share face value was stated at ₹5. The dividend is subject to shareholder approval at the upcoming 36th Annual General Meeting (AGM). The company said the record date and payment-related details will be communicated later to stock exchanges and shareholders.

Full-year FY2025-26: revenue and profit rise

For the year ended March 31, 2026, Persistent Systems reported consolidated revenue of ₹14,748.45 crore. This compared with ₹11,938.72 crore in the previous year. Full-year consolidated net profit was reported at ₹1,865.12 crore, versus ₹1,400.16 crore in the previous fiscal year. The company described these as audited results for the quarter and year ended March 31, 2026. The same dataset also stated that the final dividend recommendation followed these annual results.

Dividend context: total payout for the year

The provided information states that the ₹18 final dividend takes the total dividend for FY2025-26 to ₹40 per share. It also mentions the previous year’s total dividend as ₹35 per share. The final dividend remains contingent on shareholder approval at the AGM. The record date is yet to be announced.

Stock move and near-term price context

Persistent Systems shares were reported to have closed 0.88% higher at ₹5,369. Over the last one month, the stock was stated to be up 13.64%. Over the last six months, it was stated to have delivered a negative return of about 7%. These movements were cited alongside the quarterly results and dividend recommendation.

Key numbers at a glance

What investors will watch next

The next immediate updates, based on the supplied disclosures, are the record date announcement and the AGM approval for the final dividend. Investors are also likely to track how quarterly growth rates translate into full-year execution after the audited FY2025-26 numbers. Deal indicators such as TCV and ACV for the March 2026 quarter may be monitored in subsequent updates for continuity. Any further communication on dividend payment timelines will also be relevant, since the company has said it will inform exchanges later.

Conclusion

Persistent Systems closed Q4FY26 with 33% year-on-year growth in PAT to ₹529 crore and 25% revenue growth to ₹4,056 crore, alongside an improving EBIT margin. The board’s recommended ₹18 final dividend, subject to AGM approval, is the next key event, with the record date still pending communication.