Persistent Systems' share price crashed almost 5% in intraday trade on 22 April, a day after it announced its Q4FY26 results. (Photo: iStock)AI Quick ReadPersistent Systems' share price crashed almost 5% in intraday trade on Wednesday, 22 April, a day after the company announced its March quarter (Q4FY26) results. Persistent Systems shares opened at ₹5,268.20 against its previous close of ₹5,335.30 and dropped 4.8% to an intraday low of ₹5,080.40.
After market hours on 21 April, Persistent Systems said its consolidated profit after tax (PAT) for Q4FY26 jumped 33.7% year-on-year (YoY) to ₹5,292.6 million. The company's revenue during the quarter jumped 25.1% YoY to ₹40,559.4 million.
The order booking for the quarter ended on March 31, 2026, was $600.8 million in total contract value (TCV) and $445.1 million in annual contract value (ACV).
The board of directors recommended a final dividend of ₹18 per share, translating to ₹40 per share for FY26 compared to ₹35 per share for FY25.
(This is a developing story. Please check back for fresh updates.)
Nishant is a market reporter at Mint, where he holds the official designation of Principal Correspondent – Markets. He has been closely tracking the Indian stock market as well as major global stock markets along with the broader macroeconomic trends for a decade.
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