Persistent Systems net profit up 64.3% in Q4-FY21

Persistent Systems NSE 1.79 % reported a profit after tax of Rs 137.75 crore for the quarter ended March 31, 2021, up 64.3% while revenues increased by 20.2% to Rs 1,113.35 crore. In dollar terms, revenues were up 20.3% at $152.82 million.

For the full financial year, the Pune headquartered company reported a profit after tax of Rs 340.28 crore, up 32.4% while revenues were up 17.4% at Rs 3565.80 crore, and up 12.9% at $501.61 million in dollar terms. The board of directors recommended a final dividend of Rs 6 per share, the company had earlier declared an interim dividend of Rs 14 per share.