Persistent’s Software, Hi-Tech Revenue Grows 28.5% as It Expands AI Services

Persistent Systems’ Software, Hi-Tech and Emerging Industries revenue grew 28.5% year on year in Q2 FY27, while overall revenue rose 20.8% in constant currency to $487.6 million. The company’s reported profit after tax (PAT) fell 25.4% to ₹3,515.1 million, or approximately $36.8 million. Earnings before interest and tax (EBIT) margin declined 130 basis points year on year to 15%.