15 Oct 2025 | 3 Mins Read
Brokerages weigh in on Persistent Systems after 45% Q2 profit surge
Flipitmoney
Persistent Systems reported a 45.1% year-on-year growth in consolidated net profit, reaching Rs 471.4 crore in Q2 FY26. Revenue stood at $406.2 million (Rs 3,580.7 crore), a 17.6% year-on-year growth. Nuvama and Choice International Equities maintained "Buy" and "Add" ratings, with target prices of Rs 7,000 and Rs 6,050, respectively.