Persistent Systems Ltd (BOM:533179)
₹ 5671.1 -50.3 (-0.88%) Market Cap: 870.47 Bil Enterprise Value: 856.58 Bil PE Ratio: 70.93 PB Ratio: 15.62 GF Score: 98/100

Q1 2025 Persistent Systems Ltd Earnings Call Transcript

Jul 18, 2024 / 02:30 AM GMT
Release Date Price: ₹4580.5 (-6.38%)

Key Points

Positve
  • Persistent Systems Ltd (BOM:533179) achieved a strong growth of 5% quarter-on-quarter.
  • The company reported a 17% year-on-year growth in rupee terms.
  • Top 10 customer contributions grew by 41.5% this quarter compared to 39.6% in the same quarter last year.
  • The company has booked significant multiyear deals, contributing to their total contract value (TCV) bookings.
  • Persistent Systems Ltd (BOM:533179) welcomed a new CFO with notable experience, indicating strong leadership.
Negative
  • The company faces competition with larger IT firms, which could impact market share.
  • There is a dependency on top accounts, which may pose a risk if any major client reduces their business.
  • Forward-looking statements involve risks and uncertainties, and actual results may differ materially.
  • The departure of an independent director could impact board dynamics and decision-making.
  • The company needs to continuously innovate to maintain growth, which can be challenging in a competitive market.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PERS.NS - Persistent Systems Ltd
Q1 2025 Persistent Systems Ltd Earnings Call
Jul 19, 2024 / 02:30AM GMT

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Presentation
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Operator [1]
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On top top5 top10 20 accounts draw your attention to the fact that as part of our prepared remarks, and also the will primarily be comparing metrics the same quarter of last year lawyer instead of focusing matter to the same quarter of Please be advised that has a lot of our prepared remarks. And during Q&A, we may make certain statements which are forward-looking by available seat, 13% does not take any responsibility. Thank you, sir. Good morning. You depending on where you're doing. Let me begin with an important management update in our should need assistance for the best places for Molson and will continue to grow and unload has instituted when you schedule flexibility. I would like to welcome the need as our new CFO we need has
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