Persistent Systems Q1 Results: Profit Slips 9% Even As Revenue Rises; Margin Narrows

•Persistent Systems' Q1 net profit declined 8.7% to Rs 483 crore due to forex losses.

•Revenue rose 6.1% to Rs 4,303 crore from Rs 4,056 crore in Q4.

•Earnings before interest and taxes slid 12% to Rs 582 crore, with margin contracting to 13.5%.

•Order booking for the quarter ended on June 30, 2026, was $1,146.2 million in TCV and $536.8 million in ACV.