PERSISTENT2024-04-012024-06-30 PERSISTENT2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneOperatingExpenses03Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneOperatingExpenses04Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneOperatingExpenses05Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneOperatingExpenses06Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneOperatingExpenses07Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneOperatingExpenses08Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneOperatingExpenses09Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneOperatingExpenses10Member PERSISTENT2024-06-30 PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue03Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults03Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets03Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member PERSISTENT2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member PERSISTENT2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member PERSISTENT2024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member PERSISTENT2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533179 PERSISTENT NOTLISTED Persistent Systems Limited Equity 2024-04-01 2025-03-31 2024-07-18 2024-06-23 INR Millions First quarter 08:02:00 15:32:00 2024-07-18 2024-07-18 Not applicable Multi segment 2024-04-01 2024-06-30 Audited Consolidated 27371700000.00 306400000.00 27678100000.00 0.00 0.00 0.00 19951860000.00 141140000.00 711970000.00 2867710000.00 23672680000.00 4005420000.00 0.00 4005420000.00 821280000.00 119990000.00 941270000.00 0.00 3064150000.00 0.00 0.00 0.00 0.00 3064150000.00 316630000.00 3380780000.00 3064150000.00 0.00 316530000.00 0.00 770250000.00 5 20.09 19.89 0.00 0.00 20.09 19.89 0.00 0.02 0.00 1.The audited condensed interim consolidated financial statements as of June 30, 2024, have been taken on record by the Board at its meeting held on July 18, 2024, as recommended by the Audit Committee at its meeting held on July 17, 2024. The statutory auditors have expressed an unmodified audit opinion. The information presented above is extracted from the audited condensed interim consolidated financial statements. 2.The above consolidated financial results have been prepared from the condensed interim consolidated financial statements, which are prepared in accordance with Ind AS, the provisions of the Companies Act, 2013 as applicable issued by SEBI guidelines. All amounts included in the consolidated financial results (including notes) are reported in INR million except share and per share data, unless otherwise stated. 3.Persistent India Foundation was incorporated under Section 8 of the Companies Act, 2013 w.e.f. May 1, 2024, as a WOS of the Company. 4.Software Company International, LLC (SDS) has been dissolved w.e.f June 27, 2024. 5.Persistent Systems Inc, USA (WOS) entered into a SPA on July 2, 2024 (EDT)/ July 3, 2024 (IST) for the acquisition of Starfish Associates, LLC, USA. Upon completion of the customary closing conditions, Starfish will become a SDS of the Company and a WOS of PSI. 6.Based on the Board approval at its meeting held on January 20, 2024, the 2nd tranche of 600,000 Equity Shares of INR 5 each was allotted to the ESOP Trust on July 10, 2024, at an allotment price of INR 643.50 per Equity Share, aggregating to the total consideration of INR 386.10M. 7.Ms. Anjali Joshi was appointed as an Additional Director (Independent Member) of the Company by the Board of Directors w.e.f. June 12, 2024. The members at the 34th AGM held on July 16, 2024, confirmed her appointment as the Independent Director of the Company to hold office for the term of 5 consecutive years i.e., from June 12, 2024, to June 11, 2029. 8.The re-appointment of Mr. Sunil Sapre as the Executive Director of the Company was approved and recommended by the Board of Directors to the Members for their approval and the members at the 34th AGM held on July 16, 2024, confirmed his re-appointment as the Executive Director of the Company to hold office for the period of 3 months i.e., from October 1, 2024, to December 31, 2024. 9.The re-appointment of Mr. Praveen Kadle as the Independent Director of the Company, was approved and recommended by the Board of Directors to the Members for their approval, and the members at the 34th AGM held on July 16, 2024, approved his re-appointment as the Independent Director of the Company, not liable to retire by rotation, to hold office for the second term of 5 consecutive years i.e., from April 23, 2025, to April 22, 2030. 10.Ms. Roshini Bakshi, Independent Director of the Company retired effective from the conclusion of the 34th AGM upon completion of her second term as the Independent Director of the Company. 11.Mr. Sunil Sapre relinquished his position as the CFO of the Company w.e.f. May 15, 2024, and Mr. Vinit Teredesai has been appointed as the CFO of the Company effective from May 15, 2024. Further, Mr. Sapre continued as the Executive Director of the Company. 12.During the quarter ended June 30, 2024, the Group has reversed the earnout payable towards acquisition of business to the erstwhile shareholders of Data Glove Incorporated and Software Corporation International and SCI Fusion 360, LLC amounting to INR 636.18 million based on settlement agreement and expected payout assessed by management. 13.In accordance with para 4 of notified Ind AS-108 “Operating Segments”, the Company has disclosed segment information only on the basis of consolidated financial results. (Reversal) / Allowance for expected credit loss (net) 27200000.00 Advertisement, conference and sponsorship fees 87770000.00 Legal and professional fees 393550000.00 Miscellaneous expenses 142040000.00 Other Expenses -313390000.00 Purchase of software licenses 1925500000.00 Recruitment expenses 56040000.00 Rent 36200000.00 Training and seminars 35460000.00 Travelling and conveyance 477340000.00 Banking, Financial Services and Insurance (BFSI) 8431590000.00 Healthcare & Life Sciences 7310970000.00 Software, Hi-Tech and Emerging Industries 11629140000.00 27371700000.00 0.00 27371700000.00 Banking, Financial Services and Insurance (BFSI) 2780780000.00 Healthcare & Life Sciences 2698590000.00 Software, Hi-Tech and Emerging Industries 2788700000.00 8268070000.00 141140000.00 4427910000.00 3699020000.00 Banking, Financial Services and Insurance (BFSI) 8401370000.00 Healthcare & Life Sciences 5143020000.00 Software, Hi-Tech and Emerging Industries 15427793000.00 28972183000.00 52521100000.00 81493283000.00 Banking, Financial Services and Insurance (BFSI) 0.00 Healthcare & Life Sciences 0.00 Software, Hi-Tech and Emerging Industries 0.00 0.00 27063963000.00 27063963000.00 Remeasurements of the defined benefit liabilities / asset (net of tax) 132330000.00 132330000.00 0.00 Effective portion of cash flow hedge (net of tax) 52060000.00 Exchange differences in translating the financial statements of foreign operations 132240000.00 184300000.00 0.00