Persistent Systems Limited (NSE: PERSISTENT)

Persistent Systems Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	107,231	98,216	83,506	57,107	41,879	35,658
Other Revenue	321.03	321.03	128.57	-	-	-
Revenue	107,552	98,537	83,634	57,107	41,879	35,658
Revenue Growth (YoY)	17.29%	17.82%	46.45%	36.36%	17.45%	5.94%
Cost of Revenue	78,767	71,358	60,324	42,756	30,876	25,644
Gross Profit	28,785	27,179	23,311	14,351	11,003	10,014
Selling, General & Admin	133.75	145.93	147.45	101.88	140.89	135.25
Other Operating Expenses	10,875	9,976	7,844	4,519	4,013	4,943
Operating Expenses	14,052	13,216	10,710	6,281	5,910	6,738
Operating Income	14,733	13,964	12,601	8,070	5,093	3,276
Interest Expense	-541.94	-467.27	-473.4	-118.35	-57.94	-63.32
Interest & Investment Income	543.49	562.45	512.63	600.22	558.7	559.26
Currency Exchange Gain (Loss)	164.07	84.97	-133.24	269.41	33.81	364.35
Other Non Operating Income (Expenses)	-159.9	-	-	203.17	137.13	109.38
EBT Excluding Unusual Items	14,738	14,144	12,507	9,024	5,765	4,246
Gain (Loss) on Sale of Investments	526.02	309.69	196.52	205.9	328.21	283.83
Gain (Loss) on Sale of Assets	108.78	22.64	1.69	12.45	1.34	-5.96
Other Unusual Items	825.32	-	-296.55	-	-	-
Pretax Income	16,199	14,476	12,409	9,243	6,094	4,523
Income Tax Expense	3,870	3,541	3,198	2,339	1,588	1,121
Net Income	12,329	10,935	9,211	6,904	4,507	3,403
Net Income to Common	12,329	10,935	9,211	6,904	4,507	3,403
Net Income Growth	25.61%	18.72%	33.42%	53.19%	32.44%	-3.24%
Shares Outstanding (Basic)	152	151	149	153	153	153
Shares Outstanding (Diluted)	154	154	153	153	153	153
Shares Change (YoY)	0.56%	0.67%	-	-	-0.34%	-4.08%
EPS (Basic)	80.93	72.44	61.87	45.17	29.48	22.19
EPS (Diluted)	79.95	71.07	60.26	45.17	29.48	22.19
EPS Growth	24.90%	17.94%	33.41%	53.19%	32.89%	0.88%
Free Cash Flow	7,815	9,374	5,225	4,596	6,078	2,757
Free Cash Flow Per Share	50.68	60.92	34.18	30.07	39.77	17.98
Dividend Per Share	10.000	26.000	20.000	15.500	10.000	6.000
Dividend Growth	-54.55%	30.00%	29.03%	55.00%	66.67%	9.09%
Gross Margin	26.76%	27.58%	27.87%	25.13%	26.27%	28.08%
Operating Margin	13.70%	14.17%	15.07%	14.13%	12.16%	9.19%
Profit Margin	11.46%	11.10%	11.01%	12.09%	10.76%	9.54%
Free Cash Flow Margin	7.27%	9.51%	6.25%	8.05%	14.51%	7.73%
EBITDA	16,726	16,162	14,725	9,371	6,537	4,593
EBITDA Margin	15.55%	16.40%	17.61%	16.41%	15.61%	12.88%
D&A For EBITDA	1,993	2,198	2,124	1,301	1,444	1,317
EBIT	14,733	13,964	12,601	8,070	5,093	3,276
EBIT Margin	13.70%	14.17%	15.07%	14.13%	12.16%	9.19%
Effective Tax Rate	23.89%	24.46%	25.77%	25.31%	26.05%	24.77%
Revenue as Reported	108,693	99,496	84,212	58,547	42,957	36,982

Source: S&P Capital IQ. Standard template. Financial Sources.