Persistent Systems is banking on deal wins to sustain growth momentum

Pune: Persistent Systems NSE -1.72 % Ltd. expects the growth momentum gathered over the past few quarters to sustain going forward, its chief executive has said, as companies continue to spend on digital transformation.

The Pune-based mid-tier IT services firm has clocked $225-300 million in average deal wins over the past four quarters, a trend that CEO Sandeep Kalra said was likely to continue. “The fact that we have done a good set of deals now should bode well for us in the future,” he said. The growth had been broad-based and across sectors, he added.