Persistent Systems' PAT dips 4.1% yoy in Q3FY20

Persistent Systems on Thursday reported a 4.1% dip in its consolidated net profit to Rs87.9cr for the December 2019 quarter.

The company had posted a net profit of Rs91.7cr in the year-ago period.

The company's revenue from operations rose 6.7% to Rs922.7cr in the quarter under review from Rs864.2cr in the October-December 2019 period.
Persistent Systems Ltd is currently trading at Rs686.80 down by Rs14.1 or 2.01% from its previous closing of Rs700.90 on the BSE.

The scrip opened at Rs699 and has touched a high and low of Rs705.60 and Rs682 respectively. So far 43,621 (NSE+BSE) shares were traded on the counter.

The current market cap of the company is Rs5,292.79cr.

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