Persistent Systems Q4 Net Up 1.3 Pc at Rs 74 Cr

IT firm Persistent Systems has reported a rise of 1.3 per cent in its net profit at Rs 73.71 crore in the quarter ended March of 2017-18.

New Delhi, Apr 24 (PTI) IT firm Persistent Systems has reported a rise of 1.3 per cent in its net profit at Rs 73.71 crore in the quarter ended March of 2017-18.

Revenues during the quarter grew by 3.5 per cent from a year ago to Rs 752.55 crore, the company said in a release.

For the full year 2017-18, the profit was up by 7.2 per cent at Rs 323.09 crore and the revenues increased by 5.4 per cent from a year ago to Rs 3,033.70 crore during the fiscal ended March 2018.

Stock of the company closed 2.65 per cent down at Rs 725.85 apiece on BSE today.

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