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Persistent Systems Ltd (PERS.NS)

PERS.NS on National Stock Exchange of India

814.60INR
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Tue, Apr 24 2018

BRIEF-India's Persistent Systems March Qtr Consol Profit Rises

* MARCH QUARTER CONSOL PROFIT 737.1 MILLION RUPEES VERSUS 728 MILLION RUPEES YEAR AGO

BRIEF-Persistent Systems Expects Steady Growth In Both Revenue Streams In FY 2018-19

* SAYS CO EXPECTS A STEADY GROWTH IN BOTH REVENUE STREAMS - SERVICE REVENUES AND IP REVENUES IN FY 2018-19

BRIEF-Persistent Systems Forecasts Sequential Drop In IP Revenues To Be About $8 Mln For Q4

* SAYS ‍DECLINE IN IP REVENUES WILL IMPACT REVENUE AND EBIDTA MARGIN FOR QUARTER​

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