NSE: PERSISTENT · 16 October 2026 · Pre-market update
- Persistent Systems reported a 20.0% year-over-year growth in Q2 FY27 revenue to $487.6M and announced securing approximately 94.04% of Nagarro's share capital and voting rights. These developments place the stock in focus for market participants as trading commences.
- Persistent Systems announced its audited financial results for the quarter ended September 30, 2026, delivering $487.6 million in revenue, representing a 20.0% year-over-year increase and marking its 26th sequential quarter of growth. The company recorded an EBIT of INR 6,977.2 million and total order bookings of $633.5 million in Total Contract Value (TCV).
- Trading volume was 2.93 times the 20-day average daily volume.
Persistent Systems Company News Before Market Open
Persistent Systems reported a 20.0% year-over-year growth in Q2 FY27 revenue to $487.6M and announced securing approximately 94.04% of Nagarro's share capital and voting rights. These developments place the stock in focus for market participants as trading commences.
Q2 FY27 revenue of $487.6 million reflects a 20.0% increase year-over-year alongside a 15.0% EBIT margin. Acquisition progress with a ~94.04% stake in Nagarro highlights ongoing inorganic growth initiatives. Strong TCV bookings of $633.5 million provide visibility into future pipeline execution.
13.35 lakh shares traded on 15 October 2026. This compares with a 20-day average daily volume of 4.56 lakh shares (2.93 times). The five-day average daily volume was 6.17 lakh shares.
Q2 FY27 revenue of $487.6 million reflects a 20.0% increase year-over-year alongside a 15.0% EBIT margin. Acquisition progress with a ~94.04% stake in Nagarro highlights ongoing inorganic growth initiatives. Strong TCV bookings of $633.5 million provide visibility into future pipeline execution.
Latest Company Developments
Persistent Systems announced its audited financial results for the quarter ended September 30, 2026, delivering $487.6 million in revenue, representing a 20.0% year-over-year increase and marking its 26th sequential quarter of growth. The company recorded an EBIT of INR 6,977.2 million and total order bookings of $633.5 million in Total Contract Value (TCV).
Demonstrates sustained revenue expansion and order booking momentum across core digital engineering segments.
Persistent Systems made substantial progress toward its acquisition strategy by securing approximately 94.04% of Nagarro's share capital and voting rights, excluding treasury shares. Additionally, shareholders approved an equity raise of up to USD 450 million at the Extraordinary General Meeting.
Expands geographic presence and reinforces global delivery and engineering capabilities.
a press release dated October 15, 2026, titled "Press Release regarding financial results for the quarter and half year ended September 30, 2026".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 21.79% on 30 September 2026. This compares with 21.32% on 30 June 2026, a change of +0.47 percentage points.
The filing reported 40 MF/UTI holders.
What to Watch Next
- Investor and analyst reactions to the Q2 financial performance and acquisition updates following the market open.
- Trading volumes relative to the prior session volume of 1,334,838 shares.
- Price action around the prior session close of 5840.0 and the 20-day average close of 5501.93.
Other Dated Coverage
- Persistent Systems Share Price Today: Why PERSISTENT Is Rising 1.50% | 15 October 2026 — 15 October 2026
- Persistent Systems Share Price Today: Why PERSISTENT Is Rising 0.01% | 14 October 2026 — 14 October 2026
- Persistent Systems in Focus After Articles of Association Amendment | 8 October 2026 — 8 October 2026
More Persistent Systems news and dated analysis →
Frequently Asked Questions
What is the latest Persistent Systems company news?
Persistent Systems announced its audited financial results for the quarter ended September 30, 2026, delivering $487.6 million in revenue, representing a 20.0% year-over-year increase and marking its 26th sequential quarter of growth. The company recorded an EBIT of INR 6,977.2 million and total order bookings of $633.5 million in Total Contract Value (TCV).
How strong was Persistent Systems’s trading volume?
13.35 lakh shares traded, 2.93 times the 20-day average daily volume. The price and volume data are dated 15 October 2026.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.