Persistent Systems reported a 33.7% year-on-year increase in net profit, reaching ₹529.2 crore for the quarter ending March 2026. This performance exceeded analyst expectations, with a sequential growth of 20.4%. For the entire fiscal year, net profit rose 33.2% to ₹1,865.1 crore, up from ₹1,400.1 crore in the previous year. Revenue also saw a significant increase of 25.1% year-on-year, totaling ₹4,055.9 crore, bolstered by a 24.3% growth in the banking, financial services, and insurance (BFSI) sector and 11.2% growth in the software and hi-tech industries. The company’s healthcare vertical rebounded with a 14.1% growth. Despite a lower total of deal wins at $600.8 million compared to $674.5 million in the previous quarter, Persistent's CEO Sandeep Kalra emphasized that their AI-first strategy is enhancing operational efficiency. The company also declared a final dividend of ₹18 per share, reflecting its strong financial performance. The attrition rate improved slightly to 13.0%, while the total headcount increased to 27,502.