Persistent Systems Ltd’s Q4FY23 Results

This is a brief analysis of fourth quarter results of Persistent Systems Limited.

Company reported Q4 Revenue of INR 2254 crores, which was 3.9% higher from last quarter and 37.6% higher compared to same quarter last year. In terms of both y-o-y and q-o-q, growth seems to be flattening as the overall scenario becomes tougher.

For our comments on Q3 results, click here.