Persistent Systems reports Q2 growth: Persistent Systems stock is valued at INR 900.6 billion

Published on 10/19/2026 at 03:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 487.60 million, up 20.00 percent year over year. Persistent Systems stock is valued at INR 900.6 billion.

Quarterly growth and margin pressure

Persistent Systems reported USD 487.60 million in second-quarter revenue on October 15, 2026.
EBIT margin stood at 15.00 percent in the quarter ended September 30, 2026.
Persistent Systems had INR 900.6 billion in market capitalization as of October 16, 2026.

Persistent, INE262H01021, Illustration mit AI erstellt.

Persistent Systems (ISIN INE262H01021) reported USD 487.60 million in revenue for the quarter ended September 30, 2026, up 20.00 percent from a year earlier. According to Yahoo Finance on October 15, 2026, the result marked the company's 26th consecutive quarter of sequential revenue growth.

Three dates define the latest phase

On October 6, 2026, Persistent had secured approximately 94.04 percent of Nagarro's total share capital and voting rights, according to ScanX. On October 15, 2026, Persistent reported USD 487.60 million in quarterly revenue, and its order booking reached USD 633.50 million in total contract value, as Yahoo Finance reported.

What does the 15.00 percent margin signal?

The revenue trajectory remains strong, but profitability is the more important counterweight for investors. Persistent's EBIT margin was 15.00 percent in the second quarter, while profit after tax fell 27.20 percent year over year to INR 3,515.10 million. The combination points to a wider gap between demand and near-term earnings conversion.

Nagarro adds an execution test

The Nagarro transaction gives Persistent a second operating priority alongside organic growth. The 94.04 percent ownership figure provides a concrete measure of transaction progress, while integration costs and execution demands can affect margins as the combined business develops. Persistent's investor-relations page lists the Q2 FY27 highlights and an analyst presentation dated October 15, 2026, including the latest results materials.

Valuation and execution remain linked

Persistent's market capitalization was INR 900.6 billion as of October 16, 2026, with a 52-week range of INR 4,244.50 to INR 6,599.00. That valuation leaves the quarterly margin and the Nagarro integration as the clearest indicators of whether rapid revenue growth can translate into sustained earnings expansion.