- Net Income: 3.06 billion rupees, increased by 34% year-over-year, meeting the estimate of 3.03 billion rupees.
- Revenue: 27.4 billion rupees, increased by 18% year-over-year, surpassing the estimate of 27.12 billion rupees.
- Total Costs: 23.7 billion rupees, increased by 16% year-over-year.
- Other Income: 306.4 million rupees, increased by 42% year-over-year.
- Analyst Ratings: 17 buys, 8 holds, 11 sells.
- Comparisons to past results are based on the company’s original disclosures.
A look at Persistent Systems Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Persistent Systems shows a promising long-term outlook. With strong scores in growth, resilience, and momentum, the company seems well-positioned for future success. Persistent Systems specializes in outsourced software product development, offering a range of services such as testing, support, and professional services.
The company’s high scores in resilience and momentum indicate that it is likely to weather market fluctuations well and continue to grow steadily. Additionally, with a respectable score in dividends, Persistent Systems may also be an attractive option for income-focused investors. While there is room for improvement in the value aspect, overall, the future looks bright for Persistent Systems in the software development sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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