PERSISTENT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses02Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses03Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses04Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses05Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses06Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses07Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses08Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses09Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneOperatingExpenses10Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses02Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses03Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses04Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses05Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses06Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses07Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses08Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses09Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourOperatingExpenses10Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PERSISTENT2022-10-012022-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member PERSISTENT2022-10-012022-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares PERSISTENT 2022-04-01 2023-03-31 2022-12-23 INR Millions Third quarter Single segment Single segment 2022-10-01 2022-12-31 Audited Standalone 13072290000.00 283030000.00 13355320000.00 0.00 0.00 0.00 8839040000.00 35340000.00 341650000.00 1425620000.00 10641650000.00 2713670000.00 -296550000.00 2417120000.00 596200000.00 -6540000.00 589660000.00 0.00 1827460000.00 0.00 0.00 0.00 0.00 1827460000.00 105990000.00 1933450000.00 105990000.00 0.00 764250000.00 10 23.91 23.91 0.00 0.00 23.91 23.91 The audited condensed interim unconsolidated financial statements for the quarter and nine months ended December 31, 2022, have been taken on record by the Board of Directors at its meeting held on January 18, 2023 as recommended by the Audit Committee at its meeting held on January 17, 2023. The statutory auditors have expressed an unqualified audit opinion. The information presented above is extracted from the audited condensed interim unconsolidated financial statements. 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 ( in Rs millions) except share and per share data, unless otherwise stated. The Board of Directors of Persistent Systems Limited, at its meeting held on January 17, 2023, and concluded on January 18, 2023, declared an interim dividend of Rs 28 per equity share of the face value of Rs 10 each for the Financial Year 2022-23 on January 18, 2023. The Record Date for the payment of the dividend will be Friday, January 27, 2023. The payment of the dividend will be made by Monday, February 6, 2023. Dr. Anant Jhingran (DIN: 05116722) Independent Director of the Company retired with effect from November 20, 2022. The re-appointment of Dr. Jhingran for the second term was made on November 21, 2017, for a period of 5 years. Accordingly, he retired as an Independent Director with effect from November 20, 2022. 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. In respect of export incentives pertaining to previous periods amounting to Rs 255.52 Million, which have been refunded under protest with interest of Rs 41.03 Million, aggregating to Rs 296.55 Million, the Company had filed an application with Directorate General of Foreign Trade (DGFT). The Company believes that its services are eligible for the export incentives and the dispute is purely an interpretation issue given the highly technical nature. However, based on consultation with subject matter specialists, this matter is likely to involve a prolonged litigation. With the intention of avoiding prolonged litigation and settling the dispute, the Company has requested the relevant authorities for settlement of the case and has submitted an application before the Settlement Commission on 29 December 2022. As part of this settlement, the Company has offered to forego Rs 296.55 Million. While the hearing against the settlement application is awaited, the Company has accordingly recognized a provision of Rs 296.55 Million for the quarter ended 31 December 2022. This is presented as an exceptional item in the statement of profit and loss for the current period. 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 Single segment 2022-04-01 2022-12-31 Audited Standalone 36340710000.00 627960000.00 36968670000.00 0.00 0.00 0.00 24582360000.00 84520000.00 958420000.00 3986160000.00 29611460000.00 7357210000.00 -296550000.00 7060660000.00 1812160000.00 -78800000.00 1733360000.00 0.00 5327300000.00 0.00 0.00 0.00 0.00 5327300000.00 -267500000.00 5059800000.00 -267500000.00 0.00 764250000.00 10 69.71 69.71 0.00 0.00 69.71 69.71 Corporate social responsibility expenditure 22500000.00 Legal and professional fees 75800000.00 Miscellaneous expenses 50090000.00 Other Expenses 140770000.00 Purchase of software licenses and support expenses 538680000.00 Recruitment expenses 33920000.00 Rent 26930000.00 Selling and marketing expenses 354840000.00 Training and seminars 20770000.00 Travelling and conveyance 161320000.00 Corporate social responsibility expenditure 72500000.00 Legal and professional fees 227910000.00 Miscellaneous expenses 136460000.00 Other Expenses 410630000.00 Purchase of software licenses and support expenses 1347860000.00 Recruitment expenses 191160000.00 Rent 78330000.00 Selling and marketing expenses 1011780000.00 Training and seminars 83690000.00 Travelling and conveyance 425840000.00