Persistent Systems Q2 profit falls 25.4% to ₹351 crore
In short
Persistent Systems said its Q2 profit fell 25.4% to Rs 351 crore. Revenue still rose 30.3% to Rs 4,664 crore, and operating margin slipped to 15% from 16.3%.
This matters because the company grew sales but earned less profit. The snippet does not say why margins fell or what the company expects next.
What the reporting says
Persistent Systems reported a 25.4% fall in second-quarter profit to Rs 351 crore, even as revenue rose 30.3% to Rs 4,664 crore, according to a publisher-supplied summary. Operating margin narrowed to 15% from 16.3%. The report does not state the quarter dates or give management commentary. The immediate effect is weaker profitability despite strong revenue growth, but the cause of the margin pressure is not stated in the available reporting.
Why it matters
Persistent Systems reported a mixed second quarter, with profit falling 25.4% to Rs 351 crore while revenue increased 30.3% to Rs 4,664 crore. Operating margin also narrowed to 15% from 16.3%, indicating lower profitability per rupee of sales. This is relevant for investors and the IT services sector, but the reporting does not explain the margin pressure or provide guidance.