Persistent Systems earnings calls.

Persistent Systems delivered $422.5M revenueCurrent reported value: $422.5M revenue. No comparable prior figure is available in the source record. in Q3 FY26, representing 17.3% YoY growth in USD terms (23.4Current 23.4 crore vs previous available quarter 23.6 crore.% in INR). EBIT margin came in at 14.4%, impacted by a one-time 230bps hitCurrent reported value: one-time 230bps hit. No comparable prior figure is available in the source record. from new Indian labor code provisioning and 180bps from wage hikesCurrent reported value: 180bps from wage hikes. No comparable prior figure is available in the source record., though excluding these items margin would have been 16.7%. PAT grew 17.8Current reported value: 17.8. No comparable prior figure is available in the source record.% YoY to ₹439.45Current reported value: 439.45. No comparable prior figure is available in the source record. crore. The quarter saw strong deal momentum with $674.5M TCVCurrent $674.5M TCV. Reported change: +$369.1M new bookings. and $501.9M ACV, while BFSI led vertical growth at 29.3%Current 29.3%. Reported change: +29.3% YoY.. AI platform monetization contributed 150bpsCurrent reported value: 150bps. No comparable prior figure is available in the source record. to margins through tool-driven pricing models. Management reaffirmed the $2B by FY27Current reported value: $2B by FY27. No comparable prior figure is available in the source record. target and laid groundwork for $5B by FY31Current reported value: $5B by FY31. No comparable prior figure is available in the source record.. The one-time margin impact is behind the company; however, revenue per employee remains flat, and competition in AI tooling is intensifying as peers build similar platforms.