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Net profit of Persistent Systems rose 33.73% to Rs 529.26 crore in the quarter ended March 2026 as against Rs 395.76 crore during the previous quarter ended March 2025. Sales rose 25.10% to Rs 4055.94 crore in the quarter ended March 2026 as against Rs 3242.11 crore during the previous quarter ended March 2025.For the full year,net profit rose 33.21% to Rs 1865.12 crore in the year ended March 2026 as against Rs 1400.16 crore during the previous year ended March 2025. Sales rose 23.53% to Rs 14748.45 crore in the year ended March 2026 as against Rs 11938.72 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales4055.943242.11 25 14748.4511938.72 24 OPM %18.9318.03 -18.9517.24 - PBDT782.52584.31 34 2903.192129.22 36 PBT673.98505.21 33 2500.241822.31 37 NP529.26395.76 34 1865.121400.16 33 Powered by Capital Market - Live News

Persistent Systems announced that the Board of Directors of the Company at its meeting held on 21 April 2026, inter alia, have recommended the final dividend of Rs 18 per equity Share (i.e. 360%) , subject to the approval of the shareholders.

Persistent Systems announced the launch of its Merchant Risk Management and Fraud Detection solution powered by Databricks Data Intelligence platform. The solution helps financial institutions reduce fraud losses, improve detection accuracy and lower manual review effort through real-time, intelligence-driven decisions. As digital payments scale, financial institutions, payment service providers, digital platforms and their end customers face rising fraud, regulatory scrutiny and reputational risk. Traditional approaches rely on static rules and post-transaction analysis, limiting early detection. Persistent shifts merchant risk management upstream to enable early detection, continuous monitoring and AI-driven action before losses occur. Built on the Databricks Data Intelligence platform, the solution uses Agentic AI to perform multi signal merchant vetting during onboarding, analyzing business profiles, compliance history, transaction patterns and external indicators to assess risk before transactions begin. Once live, it continuously monitors transactions, chargebacks and third-party signals in real time to detect emerging fraud or compliance risks.

Persistent Systems will hold a meeting of the Board of Directors of the Company on 21 April 2026.

Persistent Systems announced the appointment of Hari S. Abhyankar as Executive Vice President and Global Head of Private Equity and Professional Services. As private equity firms compress value-creation cycles and place greater emphasis on AI-led transformation, the need for execution partners who can deliver results at speed is increasing. Persistent is scaling its focus in this segment, bringing together its engineering-led capabilities, AI expertise and platform-driven approach to support investors and their portfolio companies from diligence through value realization. In this role, Hari will lead Persistent`s global strategy and growth across private equity investors, their portfolio companies and professional services organizations. He will work closely with clients to accelerate revenue growth, enable platform modernization and drive faster realization of transformation priorities across portfolios, while also expanding EBITDA through improved operational efficiency and value creation. Hari brings over 25 years of experience at the intersection of strategy, technology and business transformation. He previously served as a Partner at McKinsey & Company, advising leading technology companies and global enterprises on corporate strategy, large-scale transformation and revenue acceleration initiatives. Following his tenure at McKinsey, he worked with AI-native startups, focusing on scaling technology-led innovation and next-generation operating models. He has also held senior leadership roles at Interpublic Group and Digitas, where he built and led analytics, digital strategy and data-driven marketing organizations serving global technology and enterprise clients. Hari holds a PhD in Operations Management from the MIT Sloan School of Management. Powered by Capital Market - Live News