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The audited condensed interim consolidated financial statements for the quarter and nine months ended December 31, 2021, have been taken on record by the Board of Directors at its meeting (Day 2 of 3) held on January 20, 2022 as recommended by the Audit Committee at its meeting held on January 19, 2022. The statutory auditors have expressed an unqualified 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 Indian Accounting Standards ( Ind AS ), the provisions of the Companies Act, 2013 ( the Companies Act ), as applicable and guidelines issued by the Securities and Exchange Board of India ( SEBI ). The Ind AS are prescribed under Section 133 of the Companies Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and amendments issued thereafter. All amounts included in the consolidated financial results (including notes) are reported in millions of Indian rupees ( in Rs millions) except share and per share data, unless otherwise stated. 3. The Indian Parliament has approved the Code on Social Security, 2020 which would impact the contributions by the company towards Provident Fund and Gratuity. The Ministry of Labour and Employment has released draft rules for the Code on Social Security, 2020 on November 13, 2020, and has invited suggestions from stakeholders which are under active consideration by the Ministry. The Company will assess the impact and its evaluation once the subject rules are notified and will give appropriate impact in its financial statements in the period in which, the Code becomes effective and the related rules to determine the financial impact are published. 4. The Board of Directors of Persistent Systems Limited, at its meeting held on January 20, 2022, declared an interim dividend of Rs. 20 per equity share of face value of Rs. 10 each for the Financial Year 2021-22. The Record Date for the payment of the dividend will be Saturday, January 29, 2022. The payment of the dividend will be made by Tuesday, February 15, 2022. 5. The Board at its meeting held on December 28, 2021, appointed Ms. Avani Davda (DIN: 07504739) as the Additional Director (Independent Member) of the Company for period of 5 (Five) years with effect from December 28, 2021 subject to the approval of the members at the ensuing General Meeting. 6.Persistent Systems Limited and it’s wholly owned subsidiary, Persistent Systems Inc. entered into an Agreement for business acquisition of Shree Infosoft Pvt. Ltd in India (‘Shree Infosoft’) and Shree Partners LLC, USA, ( Shree Partners ) respectively. The business acquisition primarily comprises of acquisition of customer contracts together with the skilled employees. 7. Persistent Systems Inc., a wholly owned Subsidiary of the Company acquired Software Corporation International LLC and its affiliate SCI Fusion360 LLC( SCI Fusion Group ), on October 5, 2021. 8.During the quarter, the Nomination and Remuneration Committee of the Board of Directors, approved the Grant of 1,565,315 Employee Stock Options (ESOPs) and 160,000 Options to its eligible employees under the Persistent Employees Stock Option Schemes. 9.The investors are requested to visit the following website of the Company and Stock Exchanges for further details: Company's website: https://www.persistent.com/investors BSE Ltd: www.bseindia.com National Stock Exchange of India Ltd.: www.nseindia.com Debt equity ratio is 0.051 Debt service covregare ratio is at 14 times Interest service coverage ratio is 950 times Multi segment 2021-04-01 2021-12-31 Audited Consolidated 40728920000.00 1018820000.00 41747740000.00 0.00 0.00 0.00 30354460000.00 69060000.00 1148770000.00 3604490000.00 35176780000.00 6570960000.00 0.00 6570960000.00 1723280000.00 -46280000.00 1677000000.00 0.00 4893960000.00 0.00 0.00 0.00 0.00 4893960000.00 210280000.00 5104240000.00 4893960000.00 0.00 5104240000.00 0.00 764250000.00 10 64.04 64.04 0.00 0.00 64.04 64.04 0.00 0.00 0.00 Communication expenses 22090000.00 Electricity expenses (net) 22720000.00 Internet link expenses 17410000.00 Miscellaneous expenses 125010000.00 Other 401000000.00 Purchase of software licenses 399830000.00 Recruitment expenses 113410000.00 Royalty expenses 27420000.00 Training and seminars 27900000.00 Travelling and conveyance 114940000.00 Communication expenses 64850000.00 Electricity expenses (net) 57650000.00 Internet link expenses 52690000.00 Miscellaneous expenses 312690000.00 Other 1188910000.00 Purchase of software licenses 1201890000.00 Recruitment expenses 301020000.00 Royalty expenses 66510000.00 Training and seminars 63640000.00 Travelling and conveyance 294640000.00 - BFSI 4808480000.00 - Healthcare & Life Sciences 3086340000.00 - Technology Companies and n Emerging Verticals 7022350000.00 - BFSI 12742460000.00 - Healthcare & Life Sciences 8471050000.00 - Technology Companies and n Emerging Verticals 19515410000.00 14917170000.00 40728920000.00 0.00 0.00 14917170000.00 40728920000.00 - BFSI 1778950000.00 - Healthcare & Life Sciences 1569970000.00 - Technology Companies and n Emerging Verticals 2446530000.00 - BFSI 4692170000.00 - Healthcare & Life Sciences 4371560000.00 - Technology Companies and n Emerging Verticals 6395370000.00 5795450000.00 15459100000.00 25500000.00 69060000.00 3405830000.00 Operating segments are components of an enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision makers, in deciding how to allocate resources and assessing performance. The Group's chief operating decision makers are the Chief Executive Officer and Chairman & Managing Director. Segment wise capital employed: Segregation of assets (other than trade receivables and unbilled revenue), liabilities, depreciation and amortization and other non-cash expenses into various reportable segments have not been presented as the assets and liabilities are used interchangeably among segments and the Group is of the view that it is not practical to reasonably allocate the other assets, liabilities and other non-cash expenses to individual segments and an ad-hoc allocation will not be meaningful. 8819080000.00 2364120000.00 6570960000.00 - BFSI 2903950000.00 - Healthcare & Life Sciences 2185270000.00 - Technology Companies and n Emerging Verticals 5814600000.00 10903820000.00 36247280000.00 47151100000.00 - BFSI 0.00 - Healthcare & Life Sciences 0.00 - Technology Companies and n Emerging Verticals 0.00 0.00 47151100000.00 47151100000.00