Persistent Systems USD Revenue Grows 3.9% Q-o-Q; Annual Revenue Grows 28.9%, PAT Grows 32.9 %; IP Revenue Grows 20.4 % in USD, FY14 Dividend INR 12 per Share
PUNE, INDIA and SANTA CLARA, CA--(Marketwired - Apr 21, 2014) - Persistent Systems (BOMBAY: PERSISTENT) (NSE: PERSISTENT) the global leader in software product and technology services, today announced the Company's audited financial results for the quarter and year ended March 31, 2014, as approved by the Board of Directors.
"We continue to see healthy growth and demand for our expertise in software product development and technology services," said Dr. Anand Deshpande, Chairman and Managing Director, Persistent Systems. "The recent formation of Accelerite builds our product-centric business unit, while the rest of Persistent continues to focus on digital transformation and next generation product development services where it is a well-respected market leader."
Consolidated Financial Highlights for the Financial Year 2013-14: | |||||||
FY14 | FY13 | Y-o-Y growth | |||||
Revenue (USD Million) | 274.06 | 237.82 | 15.2 | % | |||
Revenue (INR Million) | 16,691.53 | 12,945.12 | 28.9 | % | |||
EBITDA (INR Million) | 4,302.78 | 3,351.91 | 28.4 | % | |||
PBT (INR Million) | 3,426.59 | 2,629.88 | 30.3 | % | |||
PAT (INR Million) | 2,492.77 | 1,876.18 | 32.9 | % | |||
Diluted EPS (INR) | 62.32 | 46.90 | 32.9 | % |
Consolidated Financial Highlights for the Quarter ended March 31, 2014: | |||||||
Q4 FY14 | Q-o-Q growth | Y-o-Y growth | |||||
Revenue (USD Million) | 72.64 | 3.9 | % | 17.0 | % | ||
Revenue (INR Million) | 4,467.37 | 3.2 | % | 33.8 | % | ||
EBITDA (INR Million) | 1,206.53 | 0.8 | % | 45.2 | % | ||
PBT (INR Million) | 923.27 | 6.7 | % | 28.0 | % | ||
PAT (INR Million) | 671.99 | 4.7 | % | 29.5 | % |
Dividend: