Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Persistent Systems reported its second-quarter earnings for Q2FY25, showing significant growth in both profit and revenue. The company's profit after tax (PAT) surged by 23.4% year-on-year to Rs 325 crore. Revenue increased by 20% year-on-year, reaching $345.5 million. In rupee terms, revenue was up 5.8% quarter-on-quarter at Rs 2,897 crore, while constant currency revenue growth was 5.1% quarter-on-quarter. Additionally, EBIT rose by 5.8% to Rs 406.2 crore, with the EBIT margin remaining flat at 14%. Net profit also saw a notable increase.
#MarketsWithBS | Shares of #coforge surged up to 8.85% at Rs 7397.25 a piece on #BSE on Wednesday after the company delivered strong quarterly earnings for #Q2FY25 #markets #sharemarket #StockMarket #buzzingstocks https://t.co/eHQNw93ixy
Coforge reports Q2 earnings (Organic Numbers) Adj Profit down 12.3% At ₹206 Cr Vs ₹234.6 Cr (QoQ) Revenue up 6.8% At ₹2,563 Cr Vs ₹2,401 Cr (QoQ) EBIT down 5% At ₹312 Cr Vs ₹327 Cr (QoQ) EBIT Margin At 12.2% Vs 13.6% (QoQ) $ Rev up 6.3% At $309.8 Mn Vs $291.4 Mn (QoQ) https://t.co/p909tQNxPt
#EarningsWithMC | Coforge Q2 profit rises to Rs 212 cr, revenue up 34% as order book grows 40%📈 More details👇 https://t.co/pfJNgWXHoc #EarningsSeason #Q2Results #Q2FY2025
