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Persistent Systems posted strong growth: 20.3% year over year for Q4 and 12.9% for FY 21 | Message

It records 4.6% growth compared to the previous quarter in the previous quarter

Santa Clara, California and PUNEIf, 30. April 2021 / PRNewswire / –

News overview

Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) announced the company’s audited financial results for the quarter ended March 31, 2021, which were approved by the Board of Directors.

Consolidated financial metrics for the fiscal year 2020-2021

GJ20

GJ21

Annual growth

Income (Million USD)

501.61

566.08

12.9%

Income (Million Indian Rupees)

35.658.08

41.878.88

17.4%

EBITDA (Million Indian Rupees)

4.929,54

6.830,15

38.6%

PBT (Million Indian Rupees)

4.523,42

6.094,43

34.7%

Bat (Million Indian Rupees)

3.402,89

4.506,77

32.4%

Consolidated Financial Procedures for the Quarter Ended March 31, 2021:

Q4GJ21

Quarterly growth

Annual growth

Income (Million USD)

152,82

4,6%

20.3%

Income (Million Indian Rupees)

11.133.58

3,5%

20.2%

EBITDA (Million Indian Rupees)

1.883,29

3,2%

47.5%

PBT (Million Indian Rupees)

1.848,78

12.0%

63.5%

Bat (Million Indian Rupees)

1.377.59

13.9%

64.3%

At its meeting on the 29th. April 2021 Agree to final dividend of INR 6.00 per share (face value INR 10.00). In January In the year 2021, the Board of Directors has already decided to distribute an interim dividend of INR 14.00 per share, bringing the total dividend payout of INR 20.00 per share. The profits recommended by the Board of Directors are subject to the approval of the members at the following general meeting.

Anand DeshpandePersistent Systems, Founder, Chairman and Managing Director:

?? This year has been tough. We pray from the bottom of our hearts that everyone is well. The pandemic has led to a rapid shift to remote work and I want to highlight the resilience of our workforce. They consistently provided high quality service, demonstrating our continued commitment to our clients. We thank our customers and partners for their continued support. “

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Sandeep Kalra, CEO and CEO of von Persistent Systems:

?? We are excited to close FY 21 with double-digit growth in both revenue and earnings per share. Our performance is evidence that Persistent’s core competencies in digital engineering meet the needs of our clients who are in the process of accelerating the next wave of transformation. We are confident that strengthening our leadership team, our partner ecosystem, and our operational excellence will continue to deliver success for us. The Persistent Foundation continues to support relief efforts around the world, and we will be there for our people in these difficult times. ”

New customers and results in the last quarter of FY 21

Software, high technology, and emerging industries

  • Engineering partnership and GTM for a portfolio of security products for a leading international technology provider
  • Establishing a center of excellence for a leading provider of low-code technologies to enable the transformation of their customers in the BFSI and HLS sectors
  • Manage IT operations from start to finish using the continuous intelligent operations of a leading US marketing and event management company

Banking, financial and insurance services

  • Developing a digital loan portal and updating the payment platform for the commercial group of the 5 largest US banks
  • Migrate critical data to the AWS Cloud through Fortune 25 Independent Financial Services Provider Consumer Offer integrations
  • Development of Salesforce-based digital consumer credit platforms for two of the leading Indian banks

Healthcare and Life Sciences

  • Provides smart visualization and BI dashboard for COVID-19 vaccine delivery to a leading cold chain supplier
  • Develop a digital front door and patient experience solution with integration into electronic medical records systems and patient portals for a leading US healthcare system
  • Implement a company-wide legacy retrofit program using MuleSoft and automation for a leading clinical research firm
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Partner ecosystem

  • NAFCU Services declares Persistent Systems the preferred partner for digital transformation including cloud-based technologies
  • Persistent and FinMkt collaborate to provide banks and credit unions solutions for digital point-of-sale lending
  • OpenShift makes running Kubernetes easy.AWS ROSA It makes it easier now

Recognition and awards from analytics companies

  • Systems persistence with the greed Golden peacock Awarded for Corporate Governance in 2020
  • Fixed in the ISG Salesforce Ecosystem Partners 2021 Report for Salesforce Services United States of America Called a leader.
  • Shortlist for constellation searches ?? Fixed Systems Company Honors for Innovation and Engineering Services for the first quarter of 2021
  • Fixed Systems Named the ‘Strong Performer’ in the Forrester Wave: Digital Process Automation Service Providers Study for Q3 2020
  • It has become steady in the first 15th place in terms of sources of managed services in the ISG Global Index for the fourth quarter of 2020 for the fourth consecutive quarter ?? Booming class set 15 ‘
  • Persistent named “Star Performer” in PEAK Matrix® for Everest Group’s Software Product Engineering Services 2021
  • Zinnov Leader 8 consecutive years – Leader in the fields of consumer and enterprise software engineering as well as digital systems, artificial intelligence, cybersecurity, and platform
  • The Everest Group has determined that a “major competitor” will continue in the Salesforce Healthcare Services PEAK Matrix® 2021 assessment

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  • The Times of India: The Engg R&D Rainmakers gets huge deals from home offices
  • Weekly computer: containerized transport in the enterprise – fixed systems: the “spectrum” of transport by old containers
  • The Enterprisers Project: Artificial Intelligence and Privacy: 3 Key Security Practices
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Information on files

Continuous Systems (BSE: PERSISTENT) (NSE: PERSISTENT) is a global provider of services and solutions providing digital business acceleration and corporate modernization and has over 13,500 employees worldwide.

www.persistent.com

Forward-looking statements and warnings
To know the risks and uncertainties of forward-looking statements visit persistent.com/FLCS.

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