Persistent Systems Q2 profit rises 5% to ₹495 crore excluding costs
Persistent Systems reported Q2 FY27 consolidated profit after tax, excluding exceptional expenses, of ₹495.15 crore, up 5% year on year. Reported PAT fell 25.4% to ₹351.51 crore after an exceptional expense of ₹185.34 crore related to the Nagarro deal.
Persistent Systems reported on Thursday, October 15, that consolidated profit after tax, excluding exceptional expenses, rose 5% year on year to ₹495.15 crore in Q2 FY27. Reported profit after tax declined 25.4% to ₹351.51 crore. The company recorded an exceptional expense of ₹185.34 crore related to i…