PERSISTENT2021-10-012021-12-31in-bse-fin:OneOperatingExpenses01Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneOperatingExpenses02Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneOperatingExpenses03Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneOperatingExpenses04Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneOperatingExpenses05Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneOperatingExpenses06Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneOperatingExpenses07Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneOperatingExpenses08Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneOperatingExpenses09Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneOperatingExpenses10Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourOperatingExpenses01Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourOperatingExpenses02Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourOperatingExpenses03Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourOperatingExpenses04Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourOperatingExpenses05Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourOperatingExpenses06Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourOperatingExpenses07Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourOperatingExpenses08Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourOperatingExpenses09Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourOperatingExpenses10Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PERSISTENT2021-10-012021-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member PERSISTENT2021-10-012021-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PERSISTENT 2021-04-01 2022-03-31 2022-01-05 INR Millions Third quarter Single segment Single segment 2021-10-01 2021-12-31 Audited Standalone 9286510000.00 307330000.00 9593840000.00 0.00 0.00 0.00 6138680000.00 15850000.00 218730000.00 979080000.00 7352340000.00 2241500000.00 0.00 2241500000.00 584760000.00 -72170000.00 512590000.00 0.00 1728910000.00 0.00 0.00 0.00 0.00 1728910000.00 45070000.00 1773980000.00 1773980000.00 0.00 764250000.00 10 22.62 22.62 0.00 0.00 22.62 22.62 0.00 0.00 0.00 1. The audited condensed interim unconsolidated 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 unconsolidated financial statements. 2. The Board of Directors of Persistent Systems Limited, at its meeting held on January 20, 2022, declared an interim dividend of INR 20 per equity share of face value of INR 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. 3. 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. 4. 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. 5. The above unconsolidated financial results have been prepared from the condensed interim unconsolidated 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 unconsolidated financial results (including notes) are reported in millions of Indian rupees except share and per share data, unless otherwise stated. 6. 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. 7. In accordance with para 4 of Notified Indian Accounting Standard 108 (Ind AS-108) “Operating Segments”, the Company has disclosed segment information only on the basis of consolidated financial results. 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 10. Debit equity ratio 0.00016979 Debt service coverage ratio 4,397.38 Interest service coverage ratio 37,428.67 Single segment 2021-04-01 2021-12-31 Audited Standalone 25404700000.00 933660000.00 26338360000.00 0.00 0.00 0.00 16499960000.00 51540000.00 579230000.00 2677360000.00 19808090000.00 6530270000.00 0.00 6530270000.00 1640810000.00 -24350000.00 1616460000.00 0.00 4913810000.00 0.00 0.00 0.00 0.00 4913810000.00 -125700000.00 4788110000.00 4788110000.00 0.00 764250000.00 10 64.30 64.30 0.00 0.00 64.30 64.30 0.00 0.00 0.00 Donations 15000000.00 Electricity expenses (net) 19750000.00 Legal and professional fees 53430000.00 Others 169600000.00 Purchase of software licenses and support expenses 281430000.00 Rates and taxes 11980000.00 Recruitment expenses 90870000.00 Rent 18400000.00 Selling and marketing expenses 279540000.00 Travelling and conveyance 39080000.00 Donations 70000000.00 Electricity expenses (net) 49000000.00 Legal and professional fees 177050000.00 Others 420640000.00 Purchase of software licenses and support expenses 762960000.00 Rates and taxes 29610000.00 Recruitment expenses 244310000.00 Rent 53220000.00 Selling and marketing expenses 755690000.00 Travelling and conveyance 114880000.00