Summary of Key Information:

Reporting Period: Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results

Audit Opinion:

Unmodified audit opinion (clean opinion) expressed by B S R & Co. LLP for both standalone and consolidated financial results.

Auditor’s Comment:

No qualifications or modifications. The audit report includes standard explanatory paragraphs regarding:

  • Inclusion of ESOP Trust results audited by other auditors
  • Figures for 3 months ended March 31, 2026 being balancing figures between audited full-year and published year-to-date figures

Key Financial Highlights [₹ in million]:

Standalone Results:

Revenue from Operations: ₹41,178.01 million (Q1 FY27) vs ₹32,580.84 million (Q1 FY26) - 26.4% YoY growth

Total Income: ₹41,677.47 million (Q1 FY27) vs ₹33,037.10 million (Q1 FY26)

Net Profit: ₹4,020.24 million (Q1 FY27) vs ₹3,672.90 million (Q1 FY26) - 9.5% YoY growth

EPS - Basic: ₹25.70 (Q1 FY27) vs ₹23.71 (Q1 FY26)

EPS - Diluted: ₹25.39 (Q1 FY27) vs ₹23.52 (Q1 FY26)

Other Equity: Not specified for current quarter

Consolidated Results:

Revenue from Operations: ₹43,032.27 million (Q1 FY27) vs ₹33,335.87 million (Q1 FY26) - 29.1% YoY growth

Total Income: ₹43,738.63 million (Q1 FY27) vs ₹33,882.49 million (Q1 FY26)

Net Profit: ₹4,830.43 million (Q1 FY27) vs ₹4,249.36 million (Q1 FY26) - 13.7% YoY growth

EPS - Basic: ₹30.88 (Q1 FY27) vs ₹27.43 (Q1 FY26)

EPS - Diluted: ₹30.51 (Q1 FY27) vs ₹27.21 (Q1 FY26)

Other Equity: ₹77,589.80 million (as of March 31, 2026)

Segment-wise Performance [₹ in million]:

Segment Revenue Q1 FY27:

  • Banking, Financial Services and Insurance (BFSI): ₹14,630.86 million
  • Healthcare & Life Sciences: ₹10,910.51 million
  • Software, Hi-Tech and Emerging Industries: ₹17,490.90 million

Segment Results (Profit before tax, interest, depreciation, amortization, finance costs):

  • BFSI: ₹5,213.40 million
  • Healthcare & Life Sciences: ₹4,013.80 million
  • Software, Hi-Tech and Emerging Industries: ₹6,043.60 million

Corporate Actions:

No dividend declarations for current quarter. Previous year final dividend of ₹40.00 per share and interim dividend of ₹18.00 per share were paid.

Director Reappointments Approved (subject to shareholder approval at 36th AGM):

  • Ms. Avani Davda (DIN: 07504739) as Independent Director for second term of 5 years from December 28, 2026 to December 27, 2031
  • Dr. Ambuj Goyal (DIN: 09631525) as Independent Director for second term from June 7, 2027 to October 31, 2031
  • Mr. Arvind Goel (DIN: 02300813) as Independent Director for second term of 5 years from June 7, 2027 to June 6, 2032
  • One additional independent director for second term from June 10, 2027 to April 30, 2029

Merger Approvals:

  • Board approved merger of MediaAgility India Private Limited (wholly owned subsidiary) into Persistent Systems Limited, subject to necessary approvals
  • Merger of Arrka Infosec Private Limited into Persistent Systems Limited effective April 1, 2025 (already completed)

Other Significant Information:

Major Acquisition Announcement:

Persistent Systems announced proposed acquisition of up to 100% of Nagarro SE, a global digital engineering and IT consulting company headquartered in Munich, Germany at EUR 81 per share.

Acquisition Structure:

  • Company incorporated Galaxy Germany Holding SE (BidCo) on June 24, 2026
  • Entered Share Purchase Agreement with Lantano Beteiligungen GmbH to acquire 21% shareholding of Target Company
  • Entered Business Combination agreement on June 27, 2026
  • Board approved issuance of Corporate Guarantee up to EUR 1,540 million to secure bridge financing facility of EUR 1,400 million from Barclays Bank PLC
  • Acquisition subject to shareholder approval at 36th AGM and regulatory approvals

Other Business Developments:

  • Persistent Systems Estonia OÜ (formerly PerSys Estonia OÜ) entered Business Purchase Agreement with Concise Systems OÜ on May 28, 2026 for acquisition of part of its business (closed July 1, 2026)
  • Formation of new subsidiary in Estonia by acquisition on May 22, 2026
  • Various subsidiary restructuring and mergers within group structure

Accounting Policy Changes:

  • Company changed accounting policy to consolidate ESOP Trust in standalone financial statements from period ended December 31, 2025
  • Comparative figures restated accordingly