{"id":6174,"date":"2026-10-16T08:33:12","date_gmt":"2026-10-16T03:03:12","guid":{"rendered":"https:\/\/www.wittytrades.com\/market-news\/persistent-share-price-today-2026-10-16\/"},"modified":"2026-10-16T08:33:14","modified_gmt":"2026-10-16T03:03:14","slug":"persistent-share-price-today-2026-10-16","status":"publish","type":"post","link":"https:\/\/www.wittytrades.com\/market-news\/persistent-share-price-today-2026-10-16\/","title":{"rendered":"Persistent Systems in Focus Today on Q2 Revenue and Nagarro Stake | 16 October 2026"},"content":{"rendered":"<style id=\"wt-article-style-v4\">:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) { color:#30475c; font-size:16px; line-height:1.65; min-width:0; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::before, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::after { box-sizing:border-box; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-copy { font-size:16px !important; 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}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-button { display:inline-block; background:#10233f; color:#fff !important; padding:10px 17px; border-radius:7px; text-decoration:none !important; font-size:15px; font-weight:800; line-height:1.5; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-dark .wt-cta-button { background:#ffe36e; color:#10233f !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-faq h3 { color:#173b58 !important; font-size:17px !important; line-height:1.45; margin:18px 0 6px !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) > p:last-child { font-size:13px; line-height:1.55; color:#606b78; border-top:1px solid #e1e7ef; padding-top:13px; margin-top:16px; }\n@media (max-width:960px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(3,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:1.7fr 1fr 1.2fr 1.2fr; gap:10px; }\n}\n@media (max-width:650px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid { grid-template-columns:1fr; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-metrics { grid-template-columns:repeat(2,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-card { padding:14px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:repeat(2,minmax(0,1fr)); gap:10px 14px; padding:12px 0; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-person, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row > div:last-child { grid-column:1 \/ -1; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta { padding:17px 15px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-title { font-size:18px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div { padding:9px !important; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-title, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-body { font-size:15px; }\n}\n@media (max-width:420px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(2,minmax(0,1fr)); }\n}<\/p>\n<p>:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div {border:1px solid #dde6ee;border-radius:8px;background:#f9fbfd;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div > div:last-child {font-weight:800;color:#17324d;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) h2 {font-size:24px !important;line-height:1.35 !important;margin:28px 0 14px !important;color:#173b58;}\n<\/style>\n<div class=\"wt-article-v4\" data-witty-phase=\"premarket\" data-article-version=\"4\">\n<p class=\"wt-market-date\"><strong>NSE: PERSISTENT<\/strong> \u00b7 16 October 2026 \u00b7 Pre-market update<\/p>\n<div class=\"wt-price-strip\">\n<div>\n<div>Previous close<\/div>\n<div>\u20b95,840.00<\/div>\n<\/div>\n<div>\n<div>Previous day change<\/div>\n<div>-0.98%<\/div>\n<\/div>\n<div>\n<div>High \/ Low<\/div>\n<div>\u20b96,010.00 \/ \u20b95,791.50<\/div>\n<\/div>\n<div>\n<div>Volume<\/div>\n<div>13.35 lakh<\/div>\n<\/div>\n<div>\n<div>Previous trading day<\/div>\n<div>15 October 2026<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-takeaways\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Key Takeaways<\/div>\n<div class=\"wt-card-body\">\n<ul class=\"wt-list\">\n<li>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&#x27;s share capital and voting rights. These developments place the stock in focus for market participants as trading commences.<\/li>\n<li>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).<\/li>\n<li>Trading volume was 2.93 times the 20-day average daily volume.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2>Persistent Systems Company News Before Market Open<\/h2>\n<div class=\"wt-prose\">\n<p class=\"wt-copy\">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&#x27;s share capital and voting rights. These developments place the stock in focus for market participants as trading commences.<\/p>\n<p class=\"wt-copy\">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.<\/p>\n<p class=\"wt-copy\">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.<\/p>\n<\/div>\n<div class=\"wt-likely-reason\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Company-specific context<\/div>\n<div class=\"wt-card-body\"><strong>Q2 FY27 Revenue Growth and Nagarro Stake Acquisition<\/strong><\/p>\n<p class=\"wt-copy\">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.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"wt-cta wt-cta-yellow\">\n<div class=\"wt-cta-title\">Research the Market \u2014 Not Just the Headline<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Latest Company Developments<\/h2>\n<div class=\"wt-grid wt-grid-news\">\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Persistent Systems Posts Q2 FY27 Revenue of $487.6 Million<\/div>\n<div class=\"wt-card-date\">15 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">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).<\/p>\n<p class=\"wt-copy\">Demonstrates sustained revenue expansion and order booking momentum across core digital engineering segments.<\/p>\n<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Company Secures Majority Stake in Nagarro<\/div>\n<div class=\"wt-card-date\">15 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Persistent Systems made substantial progress toward its acquisition strategy by securing approximately 94.04% of Nagarro&#x27;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.<\/p>\n<p class=\"wt-copy\">Expands geographic presence and reinforces global delivery and engineering capabilities.<\/p>\n<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Press Release<\/div>\n<div class=\"wt-card-date\">15 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">a press release dated October 15, 2026, titled &quot;Press Release regarding financial results for the quarter and half year ended September 30, 2026&quot;.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/PERSISTENTUSER1_15102026161221_SEIntimationpressrelease15102026Sd.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Ownership &amp; Transaction Activity<\/h2>\n<div class=\"wt-grid wt-grid-ownership\">\n<div class=\"wt-card\" data-card=\"ownership\" style=\"background:#fff8e8;border:1px solid #ecd39e;border-left:4px solid #cc922c;border-radius:10px\">\n<div class=\"wt-card-title\">Shareholding<\/div>\n<div class=\"wt-card-date\">As of 30 September 2026<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-grid wt-grid-metrics\">\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Promoter holding<\/div>\n<div class=\"wt-value\">30.29%<\/div>\n<div class=\"wt-note\">30.29% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">FII\/FPI<\/div>\n<div class=\"wt-value\">20.79%<\/div>\n<div class=\"wt-note\">20.79% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Institutional holding<\/div>\n<div class=\"wt-value\">52.75%<\/div>\n<div class=\"wt-note\">51.03% on 30 June 2026<\/div>\n<\/div>\n<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1734591_08102026075708_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Mutual Fund Holdings<\/h2>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Mutual-fund ownership<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">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.<\/p>\n<p class=\"wt-copy\">The filing reported 40 MF\/UTI holders.<\/p>\n<div class=\"wt-grid wt-grid-funds\">\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Hdfc Mutual Fund &#8211; Hdfc Mid-Cap Fund<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">70.24 lakh shares \u00b7 4.45%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Motilal Oswal Midcap Fund<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">44.33 lakh shares \u00b7 2.81%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Aditya Birla Sun Life Mutual Fund &#8211; Aditya Birla Sun Life Flexi Cap Fund<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">31.07 lakh shares \u00b7 1.97%<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-note wt-source-note\">These are quarterly holdings, rather than purchases or sales on the article date.<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1734591_08102026075708_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<h2>What to Watch Next<\/h2>\n<ul class=\"wt-list\">\n<li>Investor and analyst reactions to the Q2 financial performance and acquisition updates following the market open.<\/li>\n<li>Trading volumes relative to the prior session volume of 1,334,838 shares.<\/li>\n<li>Price action around the prior session close of 5840.0 and the 20-day average close of 5501.93.<\/li>\n<\/ul>\n<h2>Other Dated Coverage<\/h2>\n<ul class=\"wt-list\">\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/persistent-share-price-today-2026-10-15\/\">Persistent Systems Share Price Today: Why PERSISTENT Is Rising 1.50% | 15 October 2026 \u2014 15 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/persistent-share-price-today-2026-10-14\/\">Persistent Systems Share Price Today: Why PERSISTENT Is Rising 0.01% | 14 October 2026 \u2014 14 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/persistent-share-price-today-2026-10-08\/\">Persistent Systems in Focus After Articles of Association Amendment | 8 October 2026 \u2014 8 October 2026<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.wittytrades.com\/market-news\/stocks\/persistent-systems\/\">More Persistent Systems news and dated analysis \u2192<\/a><\/p>\n<aside class=\"wt-cta wt-cta-dark\">\n<div class=\"wt-cta-title\">Looking for Research-Backed Market Opportunities?<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Frequently Asked Questions<\/h2>\n<div class=\"wt-faq\">\n<h3>What is the latest Persistent Systems company news?<\/h3>\n<p class=\"wt-copy\">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).<\/p>\n<h3>How strong was Persistent Systems\u2019s trading volume?<\/h3>\n<p class=\"wt-copy\">13.35 lakh shares traded, 2.93 times the 20-day average daily volume. The price and volume data are dated 15 October 2026.<\/p>\n<h3>Do the mutual-fund figures show buying today?<\/h3>\n<p class=\"wt-copy\">They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.<\/p>\n<\/div>\n<p><strong>Research &amp; analysis:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">WittyTrades Research Desk<\/a><br \/><strong>Reviewed by:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">Mohanish Sanghavi \u2014 SEBI Registered Research Analyst<\/a><\/p>\n<p>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.<\/p>\n<\/div>\n<p><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@type\": \"NewsArticle\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/persistent-share-price-today-2026-10-16\/#article\", \"mainEntityOfPage\": {\"@type\": \"WebPage\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/persistent-share-price-today-2026-10-16\/\"}, \"headline\": \"Persistent Systems in Focus Today on Q2 Revenue and Nagarro Stake | 16 October 2026\", \"description\": \"Persistent Systems reports Q2 FY27 revenue of $487.6M and secures a 94.04% stake in Nagarro. Track pre-market updates and technical context for trading.\", \"datePublished\": \"2026-10-16T08:32:58.916011+05:30\", \"dateModified\": \"2026-10-16T08:32:58.916011+05:30\", \"author\": {\"@type\": \"Organization\", \"name\": \"WittyTrades Research Desk\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\"}, \"reviewedBy\": {\"@type\": \"Person\", \"name\": \"Mohanish Sanghavi\", \"jobTitle\": \"SEBI Registered Research Analyst\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\"}, \"publisher\": {\"@type\": \"Organization\", \"name\": \"WittyTrades\", \"url\": \"https:\/\/www.wittytrades.com\/\"}, \"inLanguage\": \"en-IN\", \"image\": [\"https:\/\/www.wittytrades.com\/market-news\/wp-content\/uploads\/2026\/10\/persistent-company-news-2026-10-16.jpg\"]}<\/script><!-- wt-article-record:{\"news_events\":[{\"title\":\"General Updates\",\"summary\":\"General Updates\",\"source\":\"NSE\",\"published\":\"15-Oct-2026 16:51:43\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/PERSISTENTUSER1_15102026165133_PSLSubmissionofFinancialsSeptember2026signed.pdf\",\"disclosure_text\":\"Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLC056696 Tel: +91 (20) 670 35555 | Fax - +91 (20) 6703 6003 | E-mail - info@persistent.com | Website - www.persistent.com NSE & BSE \/ 2026-27 \/ 162 October 15, 2026 The Manager Corporate Services, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai 400 051 Ref: Symbol: PERSISTENT The Manager Corporate Services, BSE Limited P J Towers, Dalal Street, Mumbai 400 001 Ref: Scrip Code: 533179 Dear Sir \/ Madam, Sub: Audited Financial Statements of the Company for the quarter and half year ended September 30, 2026 Ref.: Our earlier intimation under Ref. No. NSE & BSE \/ 2026-27 \/ 159 dated October 15, 2026 In terms of the above-referred intimation, the Board of Directors approved the Audited Financial Statement for the quarter and half year ended September 30, 2026, at its meeting held on October 15, 2026. Accordingly, the following documents are available on the Company\u2019s website at the following links: 1. Audited Financial Results of the Company for the quarter and half year ended September 30, 2026, are available at: Consolidated Financial Statements as of September 30, 2026 2. Audited Financial Results of the Company and its subsidiaries for the quarter and half year ended September 30,2026, are available at: Standalone Financial Statements as of September 30, 2026 This is for your information and record. Please acknowledge the receipt. Thanking you, Yours Sincerely, For Persistent Systems Limited Amit Atre Company Secretary ICSI Membership No.: A20507\"},{\"title\":\"Press Release\",\"summary\":\"a press release dated October 15, 2026, titled \\\"Press Release regarding financial results for the quarter and half year ended September 30, 2026\\\".\",\"source\":\"NSE\",\"published\":\"15-Oct-2026 16:12:31\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/PERSISTENTUSER1_15102026161221_SEIntimationpressrelease15102026Sd.pdf\",\"disclosure_text\":\"Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLC056696 Tel: +91 (20) 670 35555 | Fax - +91 (20) 6703 6003 | E-mail - info@persistent.com | Website - www.persistent.com NSE & BSE \/ 2026-27 \/ 161 October 15, 2026 The Manager Corporate Services National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai 400 051 Ref: Symbol: PERSISTENT The Manager Corporate Services BSE Limited P J Towers, Dalal Street, Mumbai 400 001 Ref: Scrip Code: 533179 Dear Sir\/Madam, Sub.: Press Release regarding financial results for the quarter and half year ended September 30, 2026 We wish to inform you that the Company has made a Press Release dated October 15, 2026, announcing the financial results for the quarter and half year ended September 30, 2026, as approved by the Board of Directors at its meeting held on October 15, 2026, at the Registered Office in Pune. A copy of the Press Release is attached for your records. Please acknowledge the receipt. Thanking you, Yours Sincerely, For Persistent Systems Limited Amit Atre Company Secretary ICSI Membership No.: A20507 Encl.: As above \u00a9 2026 Persistent Systems Ltd. All rights reserved. 1 Persistent Announces $487.6M Revenue in Q2 FY27 with 20.0% Y-o-Y Growth Secured approximately 94.04% of Nagarro\u2019s share capital and voting rights, excluding treasury shares October 15, 2026 San Jose, CA and Pune, India News Summary Persistent Systems (BSE: 533179 and NSE: PERSISTENT) today announced the Company\u2019s audited financial results for the quarter ended September 30, 2026, as approved by the Board of Directors. Consolidated Financial Highlights for the Quarter ended September 30, 2026: Q2FY27 Margin % QoQ Growth YoY Growth Revenue (USD Million) 487.6 7.8% 20.0% Constant currency growth 7.8% 20.8% Revenue (INR Million) 46,639.0 8.4% 30.3% EBIT (INR Million) 6,977.2 15.0% 1.6% 19.5% Operating PAT (INR Million) 4,951.5 10.6% 2.5% 5.0% PAT (INR Million) 3,515.1 7.5% -27.2% -25.4% Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent \u201cWe are pleased to report Q2 FY27 revenue of USD 487.6M, marking our 26th sequential quarter of growth. This reflects a 7.8% increase quarter-over-quarter and 20.0% year-over-year, with an EBIT margin of 15.0%. We made substantial progress towards the Nagarro acquisition, securing approximately 94.04% of its share capital and voting rights, excluding treasury shares. We received shareholder \u00a9 2026 Persistent Systems Ltd. All rights reserved. 2 approval for an equity raise of up to USD 450M, with combined equity and borrowings capped at USD 1,250M at the Extraordinary General Meeting. The proposed combination aligns with our long-term M&A strategy to strengthen our engineering capabilities, diversify our geographic presence and expand our global delivery capabilities. We value the confidence shown by our shareholders and financing partners as we work towards closing. In parallel, we continue to strengthen our AI capabilities through our 3C framework and AI- driven platforms. Our focus is on developing Enterprise Context within our clients' environments that evolves with successive engagements and continues to grow in value as models, platforms and agents change. Our sincere thanks to our clients, partners, employees and shareholders for their continued trust and support. We look forward to building on this momentum as Persistent prepares for an important new chapter.\u201d Second Quarter FY27 Client Wins and Outcomes The order booking for the quarter ended on September 30, 2026, was $633.5 million in Total Contract Value (TCV) and $481.0 million in Annual Contract Value (ACV). Some of the key wins for the quarter include: Software, Hi-Tech & Emerging Industries \\\\ Accelerating mainframe and legacy modernization through agentic AI ecosystems, frontier models and a dedicated team of certified Forward Deployed Engineers (FDEs), enabling platform transformation across industries for a leading hyperscaler \\\\ Reengineering a mission-critical Salesforce ecosystem through managed services, platform integration and AI-powered Customer 360, moving from stabilization to continuous delivery while unifying sales, service and operations for a leading storage and moving services provider \\\\ Strengthening the data and AI foundation to keep pace with acquisition-led growth, addressing fragmented systems to accelerate brand integration and AI-powered personalization for an emerging U.S. beauty company Banking, Financial Services & Insurance \\\\ Modernizing a large legacy estate supporting personal lines policy administration by migrating to a cloud-native insurance platform, enabling modern pricing capabilities, reducing costs and improving agility for a Fortune 500 U.S. insurer \\\\ Streamlining legacy branch oversight and equipment finance operations with AI agents to eliminate manual inefficiencies and fragmented data, strengthening consistency, scalability and compliance while enabling bankers to focus more on clients for a leading U.S. bank \u00a9 2026 Persistent Systems Ltd. All rights reserved. 3 \\\\ Simplifying complex, time-consuming asset transfers, wire transfers and estate settlements through agentic AI automation and streamlined case management, reducing total cost of ownership and enabling near-real-time processing for a large U.S. financial services firm Healthcare and Life Sciences \\\\ Unifying fragmented IT operations across ERP, infrastructure and managed services through vendor consolidation and an AI-enabled delivery model, strengthening accountability and optimizing costs for a leading U.S.-based cancer center \\\\ Owning end-to-end AI-augmented product engineering and enhancing security to address scalability, support demands and key-person dependencies, and accelerate product launches for a leading U.S. life sciences insights platform provider \\\\ Scaling data and AI through a governed data platform and agentic AI, addressing fragmented data and limited AI adoption to equip caregivers with timely insights and improve care outcomes for a leading U.S.-based family caregiving provider Other News in the Quarter \\\\ Persistent Secures Strong Majority Stake \\\\ Persistent Shareholders Vote for Nagarro Offer \\\\ Persistent received five awards at the ISG (Information Services Group) Provider Lens\u2122 Awards 2026 \\\\ For the second year in a row, Persistent was awarded the Growth Honor of the Year at Everest Group Elevate 2026 \\\\ Persistent recognized at the BW Sustainable World Awards 2026 in the Climate Action & Carbon Neutrality Leadership category \\\\ Persistent\u2019s talent supply chain spotlighted in an ISB case study published by Harvard Business Impact \\\\ Persistent recognized as one of America's Greatest Workplaces in Tech 2026 by Newsweek \\\\ Persistent honored across seven categories at the People Matters Infini-T Awards India 2026 \\\\ Persistent achieved Gold and Silver honors at the BW People HR Excellence Awards 2026 for HR leadership, technology, learning, and performance management \u00a9 2026 Persistent Systems Ltd. All rights reserved. 4 About Persistent Persistent Systems (BSE: 533179 and NSE: PERSISTENT) is a global services and solutions company delivering AI-led, platform- driven Digital Engineering and Enterprise Modernization to businesses across industries. With over 29,500 employees located in 21 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including software engineering, product development, data and analytics, CX transformation, cloud computing, and agentic business automation. The Company is part of the MSCI India Index and is included in key indices of the National Stock Exchange of India, including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15, as well as several on the BSE such as the S&P BSE 100 and S&P BSE SENSEX Next 50. Persistent has been named one of America\u2019s Greatest Workplaces in Tech 2026 by Newsweek and Plant A Insights Group. The Company is also a constituent of the Dow Jones Best-in-Class World Index. Persistent has achieved carbon neutrality, reinforcing its commitment to sustainability and responsible business practices. As a participant of the United Nations Global Compact, the Company is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With a 22% YoY growth in brand value, Persistent has been recognized as the Fastest Growing IT Services brand globally in the 2026 Brand Finance IT Services 25 report, among the world\u2019s Top 25 IT Services brands and ranks as the 12th strongest brand. www.persistent.com Forward-looking and Cautionary Statements For risks and uncertainties relating to forward-looking statements, please visit persistent.com\/FLCS For Media Queries: media@persistent.com\"},{\"title\":\"Investor Presentation\",\"summary\":\"Investor Presentation\",\"source\":\"NSE\",\"published\":\"15-Oct-2026 16:06:03\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/PERSISTENTUSER1_15102026160546_PSLFactSheetQ2FY27160Sd.pdf\",\"disclosure_text\":\"Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLC056696 Tel: +91 (20) 670 35555 | Fax - +91 (20) 6703 6003 | E-mail - info@persistent.com | Website - www.persistent.com NSE & BSE \/ 2026-27 \/ 160 October 15, 2026 The Manager Corporate Services National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai 400 051 Ref: Symbol: PERSISTENT The Manager Corporate Services BSE Limited P J Towers, Dalal Street, Mumbai 400 001 Ref: Scrip Code: 533179 Dear Sir\/Madam, Sub.: Fact Sheet \u2013 Consolidated Financial Data \u2013 for the quarter and half year ended September 30, 2026 Ref.: Our earlier intimation under reference no. NSE & BSE \/ 2026-27 \/ 151 dated October 8, 2026 In terms of Regulation 30 read with Schedule Ill (Part A) (15) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the fact sheet of the Consolidated Financial Data for the quarter and half year ended September 30, 2026, is enclosed to this letter. The Company has scheduled an investor\/analyst call on Thursday, October 15, 2026, at 5.00 P.M. IST. During this call, the Management will comment on the financial results for the quarter and half year ended September 30, 2026, as well as on the business outlook. The details of the said investor call are available on the website of the Company. Please acknowledge the receipt. Thanking you, Yours Sincerely, For Persistent Systems Limited Amit Atre Company Secretary ICSI Membership No.: A20507 Encl.: As above \u00a9 2026 Persistent Systems Investor Presentation October 2026 \u00a9 2026 Persistent Systems \u00a9 2026 Persistent Systems Forward-looking and Cautionary Statements Certain statements in this Presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, our revenues highly dependent on customers located in the United States, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, concentration of major operations of the Company in one city, withdrawal of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. The Company may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Stock Exchanges and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company. 2 \u00a9 2026 Persistent Systems We are Persistent AI-led, Platform-driven Digital Engineering & Enterprise Modernization partner *Excludes exceptional expenses as part of Nagarro acquisition resulting in ~ 3.1% impact on PAT | **1 USD = INR 95.9 15.0% EBIT Margin +19.5% YoY $1,798.5M TTM Revenue +17.4% YoY $1,964.8M TTM ACV Bookings $8.7B** Market Capitalization $487.6M FY27 Q2 Revenue +20.0% YoY 10.6%* Operating PAT Margin +5.0% YoY 3 As of September 30, 2026 \u00a9 2026 Persistent Systems Our journey over 36+ years has been shaped with Cloud, Data and AI\u2026 o Pivot to AI-led, platform-driven services strategy o New growth vectors at the intersection of industries, tech and geographies o Enhanced focus on outcome-based models o Driving enterprise-wide transformation through AI and Agentic AI solutions o Expanded AI strategy to implement 3C framework: Core, Context, Coordination o Signed a Business Combination Agreement with Nagarro, a leading European digital engineering firm 2024 onwards Sixth Orbit o Company inception o Built database indexes and other structures o Category leadership for outsourced product development o 2005: Investment by Norwest & Gabriel Ventures o Offering expansion to full product lifecycle o 2010: Persistent IPO; 93x oversubscribed o Early venture into big data o Caught the early wave of Digital Transformation o Enterprise customer segment expansion o Domain-specific micro-vertical solutions with advanced analytics o Strong positioning as a global Digital Engineering leader o Industry-leading growth and shareholder value creation o Comprehensive data platforms with ecosystem orchestration 1990 \u2013 2001 First Orbit 2001 \u2013 2008 Second Orbit 2008 \u2013 2016 Third Orbit Fourth Orbit 2016 \u2013 2019 2019 \u2013 2023 Fifth Orbit 4 \u00a9 2026 Persistent Systems \u2026powered by 29,500+ employees spread across the globe\u2026 North America 3,477 Employees Europe 432 Employees India 25,452 Employees Rest of the World 237 Employees Canada USA Mexico Costa Rica South Africa Japan Australia Singapore Malaysia India GenAI Studio France Switzerland UK Netherlands Germany Poland Romania Ireland Estonia China UAE 5 \u00a9 2026 Persistent Systems \u2026and built on our Digital Engineering heritage Software, Hi-Tech & Emerging Industries Banking, Financial Services & Insurance Healthcare & Life Sciences Ecosystem Partnerships Co-Innovation with Clients Validation from Industry Experts CX & Design-Led Transformation Product & Platform Engineering Data & Artificial Intelligence Cloud-enabled Enterprise Modernization Agentic Business Automation Powered by AI Talent Readiness Unlock Growth Enable Business Agility Accelerate Time to Market Maximize Value Creation Drive Enterprise Simplification 6 \u00a9 2026 Persistent Systems Software & Hi-Tech We are helping market leaders transform their industries 7 18 of Fortune 50 companies Healthcare & Life Sciences Banking, Financial Services & Insurance 5 of 10 Top FinTech Companies 3 of 10 Top Health Providers & Payers 4 of 10 Top Pharmaceutical Companies 6 of 10 Top SIMD* Companies 5 of 10 Top Clinical Research Organizations 7 of 10 Top US Banks 5 of 10 Top Indian Banks 9 of 10 Top Technology Companies *Scientific Instruments & Medical Devices \u00a9 2026 Persistent Systems We continue to scale our long-term growth trajectory\u2026 127 170 207 238 274 309 352 429 471 481 502 566 766 1,036 1,186 1,409 1,654 1,950 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Q2FY27 Initial Public Offering 33.7% 21.8% 14.7% 15.2% 12.6% 14.0% 22.0% 9.7% 2.2% 4.3% 12.9% 35.2% 35.3% 14.5% 18.8% 17.4% YoY Growth % Revenue in $M 17.3 % Revenue CAGR From IPO to FY26 23.9 % 5 - Year Revenue CAGR between FY21 and FY26 8 Annualized (Q2 FY27 x 4) \u00a9 2026 Persistent Systems \u2026with 26 sequential quarters of revenue growth\u2026 9 131.0 136.1 146.2 152.8 166.8 182.3 199.1 217.3 241.5 255.6 264.4 274.6 282.9 291.7 300.6 310.9 328.2 345.5 360.2 375.2 389.7 406.2 422.5 436.0 452.4 487.6 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 QoQ Growth % 3.1% 3.9% 7.4% 4.5% 9.2% 9.3% 9.2% 9.1% 11.1% 5.8% 3.4% 3.9% 3.0% 3.1% 3.0% 3.4% 5.6% 5.3% 4.3% 4.2% 3.9% 4.2% 4.0% 3.2% 3.8% 7.8% 9.5% 8.4% 13.0% 20.2% 27.3% 33.9% 36.2% 42.2% 44.8% 40.2% 32.8% 26.3% 17.1% 14.1% 13.7% 13.2% 16.0% 18.4% 19.9% 20.7% 18.8% 17.6% 17.3% 16.2% 16.1% 20.0% YoY Growth % Revenue in $M\"},{\"title\":\"Outcome of Board Meeting\",\"summary\":\"Outcome of the Board Meeting\",\"source\":\"NSE\",\"published\":\"15-Oct-2026 15:56:36\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/PERSISTENTUSER1_15102026155331_PSLBMOutcomeOctober152026159signed.pdf\",\"disclosure_text\":\"Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLC056696 Tel: +91 (20) 670 35555 | Fax - +91 (20) 6703 6003 | E-mail - info@persistent.com | Website - www.persistent.com NSE & BSE \/ 2026-27 \/ 159 October 15, 2026 The Manager Corporate Services, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai 400 051 Ref: Symbol: PERSISTENT The Manager Corporate Services, BSE Limited P J Towers, Dalal Street, Mumbai 400 001 Ref: Scrip Code: 533179 Dear Sir\/Madam, Sub: Outcome of the Board Meeting held on October 14, 2026, and concluded on October 15, 2026 Ref: Our earlier Intimation under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 bearing Ref. No. NSE & BSE \/ 2026 -27 \/ 150 dated October 7, 2026 Pursuant to the above-referred intimation, we wish to inform you that the Board of Directors, at its meeting held on October 15, 2026, commenced at 080 0 Hrs. (IST) and concluded at 1545 Hrs. (IST), has inter-alia taken the following decision: \u2022 Approval of the Audited Financial Results for the quarter and half year ended September 30, 2026 Pursuant to Regulation 33 and all other applicable regulations, if any of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the \u2018SEBI (LODR\u2019) Regulations, 2015), the Audited Financial Results for the quarter and half year ended September 30, 2026, have been approved. Accordingly, we enclose the following documents: 1. Auditors\u2019 Report dated October 15, 2026, on the Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026; 2. Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026; 3. Auditors\u2019 Report dated October 15, 2026, on the Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026; 4. Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026 This is for your information and record. Please acknowledge the receipt. Thanking you, Yours Sincerely, For Persistent Systems Limited Amit Atre Company Secretary ICSI Membership No.: A20507 Encl: As above B S R & Co. LLP Chartered Accountants 8th Floor, Unit 802, Godrej Koregaon Park North Main Road, Mundhwa Pune, Maharashtra, 411001 Telephone: +91 (20) 4061 2200 Registered Office: B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 3 \u2019Independent Auditor s Report To the Board of Directors of Persistent Systems Limited Report on the audit of the Standalone Financial Results Opinion We have audited the accompanying standalone quarterly financial results of Persistent Systems Limited (\u201cthe Company\u201d) for the quarter ended 30 September 2026 and the year-to-date results for the period from 1 April 2026 to 30 September 2026, (in which are included condensed interim financial statements of an Employee Stock Option Plan trust (\\\"ESOP Trust\\\")) attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (\\\"Listing Regulations\\\"). In our opinion and to the best of our information and according to the explanations given to us, these standalone financial results: a. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and b. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards, and other accounting principles generally accepted in India, of the net profit and other comprehensive income and other financial information for the quarter ended 30 September 2026 as well as for the year to date results for the period from 1 April 2026 to 30 September 2026. Basis for Opinion We conducted our audit in accordance with the Standards on Auditing (\u201cSAs\u201d) specified under section 143(10) of the Companies Act, 2013 (\u201cthe Act\u201d). Our responsibilities under those SAs are further described in the Auditor\u2019s Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company, in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act, and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion. Management\u2019s and Board of Directors\u2019\/Board of Trustees\u2019 Responsibilities for the Standalone Financial Results These quarterly financial results as well as the year to date standalone financial results have been prepared on the basis of the interim financial statements. The Company\u2019s Management and the Board of Directors are responsible for the preparation of these standalone financial results that give a true and fair view of the net profit\/ loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, \u2018Interim Financial Reporting\u2019 prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Management and Board of Directors of the Company\/Board of Trustees of the ESOP Trust are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the company\/ESOP trust and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and B S R & Co. LLP Independent Auditor\u2019s Report (Continued) Persistent Systems Limited Page 2 of 3 prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error. In preparing the standalone financial results, the respective Management and the Board of Directors\/Board of Trustees are responsible for assessing the company\/ESOP trust\u2019s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors\/Board of Trustees either intends to liquidate the company\/ESOP trust or to cease operations, or has no realistic alternative but to do so. The respective Board of Directors\/Board of Trustees are responsible for overseeing the financial reporting process of the company\/ESOP trust. Auditor\u2019s Responsibilities for the Audit of the Standalone Financial Results Our objectives are to obtain reasonable assurance about whether the standalone financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor\u2019s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial results. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: \u2013 Identify and assess the risks of material misstatement of the standalone financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. \u2013 Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company\u2019s internal control. \u2013 Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the standalone financial results made by the Management and Board of Directors. \u2013 Conclude on the appropriateness of the Management\u2019s and Board of Directors\u2019 use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor\u2019s report to the related disclosures in the standalone financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor\u2019s report. However, future events or conditions may cause the Company to cease to continue as a going concern. \u2013 Evaluate the overall presentation, structure and content of the standalone financial results, including the disclosures, and whether the standalone financial results represent the underlying transactions and events in a manner that achieves fair presentation. \u2013 Obtain sufficient appropriate audit evidence regarding the financial statements of the ESOP trust of the Company to express an opinion on the standalone financial results. For the ESOP trust included in the standalone financial results, which have been audited by other auditor, such other auditor remain responsible for the direction, supervision and performance of the audit carried out by them. We remain solely responsible for our audit opinion. Our responsibilities in this regard are further described sub paragraph no. (a) of the \u201cOther Matter\u201d paragraph in this audit report. B S R & Co. LLP Independent Auditor\u2019s Report (Continued) Persistent Systems Limited Page 3 of 3 We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. Other Matter a. The standalone financial results include the audited financial results of an ESOP trust, whose interim financial statements reflects total assets (before consolidation adjustments) of Rs. 3,830 million as at 30 September 2026 , total revenue (before consolidation adjustments) of Rs. Nil and Rs. Nil and total net loss after tax (before consolidation adjustments) of Rs. 55 million and Rs. 840 million for the quarter ended 30 September 2026 and for the period from 1 April 2026 to 30 September 2026 respectively, and net cash inflows (before consolidation adjustments) of Rs 36 million for the period from 1 April 2026 to 30 September 2026 as considered in the standalone financial results, which has been audited by its other auditor. The other auditor\u2019s report on interim financial statements of this ESOP trust has been furnished to us by management. Our opinion on the standalone financial results, in so far as it relates to the amounts and disclosures included in respect of this ESOP trust, is based solely on the report of such auditor. Our opinion is not modified in respect of this matter. For B S R & Co. LLP Chartered Accountants Firm\u2019s Registration No.:101248W\/W-100022 Swapnil Dakshindas Partner Pune Membership No.: 113896 15 October 2026 UDIN:26113896WYJMRU7621 Year ended September 30, 2026 June 30, 2026 September 30, 2025 (Restated) (Refer note no.7) September 30, 2026 September 30, 2025 (Restated) (Refer note no.7) March 31, 2026 (Restated) (Refer note no.7) Income 1 Revenue from operations 44,941.71 41,178.01 34,929.47 86,119.72 67,510.31 144,279.59 2 Other income 193.89 499.46 401.27 693.35 857.53 1,671.37 3 Total income (1+2) 45,135.60 41,677.47 35,330.74 86,813.07 68,367.84 145,950.96 4 Expenses - Employee benefits expense 17,746.63 16,272.71 14,272.91 34,019.34 27,474.58 58,745.72 - Subcontracting costs 10,643.97 10,375.25 9,342.64 21,019.22 18,545.89 39,244.44 - Finance costs 229.42 271.99 151.14 501.41 293.51 628.03 - Depreciation and amortisation expense 856.49 762.59 659.19 1,619.08 1,275.06 2,662.80 - Other expenses 9,100.36 8,536.22 4,702.68 17,636.58 9,649.90 21,626.00 Total expenses 38,576.87 36,218.76 29,128.56 74,795.63 57,238.94 122,906.99 5 Profit before exceptional items and tax (3-4) 6,558.73 5,458.71 6,202.18 12,017.44 11,128.90 23,043.97 6 Exceptional item Statutory Impact of new Labour Code - - - - - 890.25 7 Profit before tax (5-6) 6,558.73 5,458.71 6,202.18 12,017.44 11,128.90 22,153.72 8 Tax expense - Current tax 1,738.13 1,416.69 1,653.13 3,154.82 2,956.87 5,951.07 - Deferred tax charge \/ (credit) (8.34) 21.78 (39.98) 13.44 (89.90) (139.06) Total tax expense 1,729.79 1,438.47 1,613.15 3,168.26 2,866.97 5,812.01 9 Profit for the period \/ year (7-8) 4,828.94 4,020.24 4,589.03 8,849.18 8,261.93 16,341.71 10 Other comprehensive income A. Items that will not be reclassified to profit or loss - Remeasurements of the defined benefit liabilities 77.53 (131.24) 22.82 (53.71) 67.88 211.93 - Income tax effect on above (19.51) 33.03 (5.74) 13.52 (17.08) (53.34) 58.02 (98.21) 17.08 (40.19) 50.80 158.59 B. Items that will be reclassified to profit or loss - Effective portion of Gain \/ (loss) on hedging instruments in cash flow hedge 315.69 1,351.32 (931.43) 1,667.01 (767.59) (2,237.38) - Income tax effect on above (79.45) (340.10) 234.43 (419.55) 193.19 562.91 236.24 1,011.22 (697.00) 1,247.46 (574.40) (1,674.47) Total other comprehensive income for the period\/ year (A+B) 294.26 913.01 (679.92) 1,207.27 (523.60) (1,515.88) 11 Total comprehensive income for the period\/ year (comprising profit and other comprehensive income for the period \/ year) (9+10) 5,123.20 4,933.25 3,909.11 10,056.45 7,738.33 14,825.83 12 Paid-up equity share capital 788.75 788.75 782.00 788.75 782.00 788.75 13 Other equity 66,298.14 14 - Basic 30.80 25.70 29.50 56.51 53.22 104.92 - Diluted 30.53 25.39 29.34 56.02 52.86 104.15 15 Interim dividend - - - - - 22.00 Final dividend - - - - - 18.00 - - - - - 40.00 (This space is intentionally left blank) Ph. No. +91(20)67033000; Fax +91(20)67036003; Email : info@persistent.com, 'www.persistent.com'. CIN L72300PN1990PLC056696 Persistent Systems Limited Registered Office : Bhageerath, 402, Senapati Bapat Road, Pune 411016, India Standalone Audited Statement of Financial Results of Persistent Systems Limited for Quarter and Six months period ended September 30, 2026 Sr. No. Particulars Six months period ended For the Quarter ended Particulars As at September 30, 2026 As at September 30, 2025 (Restated) (Refer note 7) As at March 31, 2026 (Restated) (Refer note 7) ASSETS Non-current assets Property, plant and equipment 3,584.92 3,668.41 3,465.00 Capital work-in-progress 87.72 76.45 106.54 Right of use assets 5,712.47 3,776.89 4,730.13 Goodwill 712.58 712.58 712.58 Other intangible assets 2,471.17 1,095.34 2,668.23 Intangible assets under development 783.80 1,323.41 268.95 13,352.66 10,653.08 11,951.43 Financial assets - Investments 17,080.27 14,867.47 16,762.00 - Trade receivables - Billed 346.32 215.49 735.65 - Other financial assets 632.60 763.39 866.31 Deferred tax assets (net) 660.79 674.89 1,093.77 Other non-current assets 383.08 565.69 376.27 Income tax assets (net) 591.75 1,153.65 902.02 19,694.81 18,240.58 20,736.02 Total non-current assets 33,047.47 28,893.66 32,687.45 Current assets Financial assets - Investments 6,226.39 6,304.41 9,146.28 - Trade receivables - Billed 22,893.79 18,983.41 19,986.08 - Unbilled 11,648.09 8,466.96 12,015.92 - Cash and cash equivalents 11,956.28 6,689.09 7,239.51 - Bank balances other than cash and cash equivalents 730.67 1,782.86 1,069.49 - Other financial assets 7,892.84 17,159.90 9,370.55 Other current assets 16,404.67 10,570.15 15,266.84 Total current assets 77,752.73 69,956.78 74,094.67 TOTAL ASSETS 110,800.20 98,850.44 106,782.12 EQUITY AND LIABILITIES Equity Equity share capital 788.75 782.00 788.75 Other equity 73,921.49 62,102.88 66,298.14 Total equity 74,710.24 62,884.88 67,086.89 Liabilities Non- current liabilities Financial liabilities - Lease liabilities 3,117.33 1,860.31 2,448.64 - Other financial liabilities 49.23 126.82 127.19 Other non-current liabilities 7.24 28.71 23.29 Provisions 2,304.54 199.01 2,093.07 Total non-current liabilities 5,478.34 2,214.85 4,692.19 Current liabilities Financial liabilities - Lease liabilities 1,869.31 1,316.75 1,491.31 - Trade payab\"}],\"shareholding_snapshot\":{\"promoter_pct\":30.29,\"public_pct\":69.15,\"fii_pct\":20.79,\"dii_pct\":31.96,\"mf_pct\":21.79,\"institutional_pct\":52.75,\"noninst_pct\":16.4,\"mf_scheme_count\":40,\"pledged_shares\":null,\"pledged_pct_of_promoter\":null,\"mf_holders\":[{\"name\":\"Hdfc Mutual Fund - Hdfc Mid-Cap Fund\",\"shares\":7024111,\"pct\":4.45},{\"name\":\"Motilal Oswal Midcap Fund\",\"shares\":4433099,\"pct\":2.81},{\"name\":\"Aditya Birla Sun Life Mutual Fund - Aditya Birla Sun Life Flexi Cap Fund\",\"shares\":3107144,\"pct\":1.97},{\"name\":\"Nippon Life India Trustee Ltd- A\/C Nippon India Growth Mid Cap Fund\",\"shares\":2859465,\"pct\":1.81},{\"name\":\"Kotak Midcap Fund\",\"shares\":2472024,\"pct\":1.57}],\"period\":\"30-SEP-2026\",\"submission_date\":\"08-OCT-2026\",\"source\":\"NSE shareholding pattern XBRL\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1734591_08102026075708_WEB.xml\",\"previous_period\":\"30-JUN-2026\",\"previous_promoter_pct\":30.29,\"previous_fii_pct\":20.79,\"previous_dii_pct\":30.24,\"previous_mf_pct\":21.32,\"previous_institutional_pct\":51.03,\"previous_mf_scheme_count\":41,\"previous_pledged_pct_of_promoter\":null,\"previous_pledged_shares\":null}} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Persistent Systems reports Q2 FY27 revenue of $487.6M and secures a 94.04% stake in Nagarro. Track pre-market updates and technical context for trading.<\/p>\n","protected":false},"author":1,"featured_media":6173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_witty_seo_title":"Persistent Systems in Focus Today on Q2 Revenue and Nagarro Stake | 16 October 2026","_witty_meta_description":"Persistent Systems reports Q2 FY27 revenue of $487.6M and secures a 94.04% stake in Nagarro. 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