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

Persistent Systems launched its Melbourne Innovation Center as a strategic hub for AI-driven enterprise reinvention across the Australia and New Zealand (ANZ) region. The Center strengthens Persistent`s localized engineering capabilities while accelerating AI-led modernization, digital product innovation and platform transformation for enterprises. The launch reflects a decisive step in the Company`s ANZ expansion strategy.The Center advances Persistent`s AI-first strategy, rooted in its core pillars of Engineering Hyper-productivity, Business Hyper-productivity, Enterprise Data Readiness and Responsible AI Infrastructure. It enhances engineering efficiency through the Company`s differentiated accelerators and platforms, while enabling legacy modernization with cloud-native refactoring, microservices, data modernization and automated observability powered by GenAI and intelligent agents. The Center will also help clients unlock new revenue streams via industry specific AI solutions, outcome-based models and its hyperscaler partner ecosystem. With innovation workshops, ideation sessions and co-creation programs, Persistent will empower clients to accelerate strategic priorities and build modern digital capabilities that support long term business growth. Persistent will expand high-value engineering and AI capability in Australia through targeted hiring, ecosystem partnerships, industry-focused hackathons and advanced skilling initiatives delivered via Persistent University. By aligning industry needs with academic collaboration, hands-on innovation programs and competitive problem-solving platforms, the Company aims to strengthen Australia`s digital engineering talent pipeline and contribute meaningfully to the country`s growing technology ecosystem.Powered by Capital Market - Live News

Net profit of Persistent Systems rose 17.82% to Rs 439.45 crore in the quarter ended December 2025 as against Rs 372.99 crore during the previous quarter ended December 2024. Sales rose 23.38% to Rs 3778.21 crore in the quarter ended December 2025 as against Rs 3062.28 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales3778.213062.28 23 OPM %19.4017.56 - PBDT754.60564.15 34 PBT654.02482.04 36 NP439.45372.99 18 Powered by Capital Market - Live News

Persistent Systems announced that the Board of Directors of the Company at its meeting held on 20 January 2026, inter alia, have recommended the interim dividend of Rs 22 per equity Share (i.e. 440%) , subject to the approval of the shareholders.Powered by Capital Market - Live News