Integrated Filing — IndAS

General information about company
Scrip Code	533179
NSE Symbol	PERSISTENT
MSEI Symbol	NOTLISTED
ISIN	INE262H01021
Name of company	Persistent Systems Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	24-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	07-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Single segment
Start date and time of board meeting	23-Apr-2025   22:45:00
End date and time of board meeting	24-Apr-2025   04:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-01-21
Indicate Company website link for updated RPT policy of the Company	https://www.persistent.com/investors/corporate-governance/policy-on-related-party-transactions/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not applicable

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	31875510000	117280210000
	Other income	160000000	1808250000
	Total income	32035510000	119088460000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	23866210000	85290000000
(e)	Finance costs	147330000	474660000
(f)	Depreciation, depletion and amortisation expense	470800000	1761980000
(f)	Other Expenses
1	Travelling and conveyance	308980000	1012390000
2	Electricity expenses (net)	28290000	117720000
3	Internet link expenses	12690000	106740000
4	Communication expenses	5180000	24170000
5	Recruitment expenses	48930000	168760000
6	Training and seminars	48130000	145260000
7	Purchase of software licenses and support expenses	1348660000	4545790000
8	Charge/ (reversal) of allowance for expected credit loss (net)	115720000	141600000
9	Rent	24340000	60230000
10	Other	2012600000	9508300000
	Total other expenses	3953520000	15830960000
	Total expenses	28437860000	103357600000
3	Total profit before exceptional items and tax	3597650000	15730860000
4	Exceptional items	0	0
5	Total profit before tax	3597650000	15730860000
6	Tax expense
7	Current tax	747610000	4038760000
8	Deferred tax	-26360000	140690000
9	Total tax expenses	721250000	4179450000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	2876400000	11551410000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	2876400000	11551410000
17	Other comprehensive income net of taxes	282170000	121930000
18	Total Comprehensive Income for the period	3158570000	11673340000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	779250000	779250000
	Face value of equity share capital	5	5
27	Details of debt securities
22	Reserves excluding revaluation reserve		58960830000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	18.46	74.45
	Diluted earnings (loss) per share from continuing operations	18.46	74.45
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	18.46	74.45
	Diluted earnings (loss) per share from continuing and discontinued operations	18.46	74.45
24	Debt equity ratio	0	0
25	Debt service coverage ratio	0	0
26	Interest service coverage ratio	0	0
27	Disclosure of notes on financial results		Due to character limitation in filling the notes in this tab, please refer to our submission under Ref. No. NSE & BSE / 2025-26 / 014 dated April 24, 2025, which covers the financial results under Regulation 33 of the SEBI (LODR) Regulations, 2015 including notes thereto.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	6943700000
	Capital work-in-progress	38120000
	Investment property	0
	Goodwill	236000000
	Other intangible assets	1169670000
	Intangible assets under development	731770000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	14860870000
	Trade receivables, non-current	503150000
	Loans, non-current	3694860000
	Other non-current financial assets	709870000
	Total non-current financial assets	19768750000
	Deferred tax assets (net)	361910000
	Other non-current assets	542400000
	Total non-current assets	29792320000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	3335010000
	Trade receivables, current	16414060000
	Cash and cash equivalents	3618000000
	Bank balance other than cash and cash equivalents	3126760000
	Loans, current	0
	Other current financial assets	16212800000
	Total current financial assets	42706630000
	Current tax assets (net)	527990000
	Other current assets	7023680000
	Total current assets	50258300000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	80050620000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	779250000
	Other equity	58960830000
	Total equity attributable to owners of parent	59740080000
	Non controlling interest
	Total equity	59740080000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	1676800000
	Total non-current financial liabilities	1676800000
	Provisions, non-current	69060000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	39960000
	Total non-current liabilities	1785820000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	40770000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	10151840000
	Total Trade payable	10192610000
	Other current financial liabilities	2056040000
	Total current financial liabilities	12248650000
	Other current liabilities	3635070000
	Provisions, current	2641000000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	18524720000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	20310540000
	Total equity and liabilites	80050620000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of the defined benefit liabilities	-9980000	197910000
	Total Amount of items that will not be reclassified to profit and loss	-9980000	197910000
2	Income tax relating to items that will not be reclassified to profit or loss	-2510000	49810000
3	Amount of items that will be reclassified to profit and loss
1	Effective portion of cash flow hedge	379030000	-34970000
	Total Amount of items that will be reclassified to profit and loss	379030000	-34970000
4	Income tax relating to items that will be reclassified to profit or loss	89390000	-8800000
5	Total Other comprehensive income	282170000	121930000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			15730860000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			474660000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			-272770000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-2816290000
	Adjustments for decrease (increase) in other non-current assets			-380600000
	Adjustments for other financial assets, non-current			6420000
	Adjustments for other financial assets, current			-9546780000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			8230450000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			919520000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1761980000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-717400000
	Adjustments for dividend income			0
	Adjustments for interest income			726450000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-444990000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-180540000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-3692790000
	Net cash flows from (used in) operations			12038070000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			4908450000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			7129620000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			172870000
	Purchase of property, plant and equipment			1709350000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			734190000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1713950000
	Net cash flows from (used in) investing activities	-2516240000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			1845900000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			1850000
	Payments of lease liabilities			813900000
	Dividends paid			4657500000
	Interest paid			530780000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-4158130000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			455250000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-5360000
	Net increase (decrease) in cash and cash equivalents			449890000
	Cash and cash equivalents cash flow statement at beginning of period			3168110000
	Cash and cash equivalents cash flow statement at end of period			3618000000