Persistent Systems stock declines over 7% post Q1 earnings; EBIT margin slips 50 bps QoQ
Open Demat A/C Persistent Systems shares drop 7.37% to ₹4,535 on NSE
Open Demat A/C Persistent Systems robust revenue growth: 16% YoY and 5.6% sequential increase to $328.2 million
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Quarterly EBITDA shows increment: ₹455.21 crore, 7.6% YoY growth and 0.2% QoQ increase
Open Demat A/C Profit after Tax (PAT) climbs 33.9% YoY to ₹306.42 crore, QoQ slips 2.8%
Open Demat A/C Q2 2024 order bookings reach $462.8 million TCV, $337.3 million ACV
Open Demat A/C Persistent Systems shares surge: 79% returns in past year, 1,494% in last 5 years
Open Demat A/C Nifty IT Index outperforms: 25% gain in 12 months, 117% in 5 years
Open Demat A/C Nifty50 Index shows strong performance: 25% gain in 12 months, 117% in 5 years
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