Along with another quarter of strong growth and operational performance, Persistent is delighted to announce the appointment of
Sandeep joined Persistent in
Dr.
'It is tremendously gratifying that as we celebrate our 30th anniversary, we see renewal and rejuvenation of the energy and ingenuity that are hallmarks of Persistent. We hit significant milestones, for the first time ever exceeding ?
Consolidated Financial Highlights for the Quarter ended
Q2FY21 Q-o-Q growth Y-o-Y growth
Revenue (USD Million) 136.09 +3.9% +8.4%
Revenue (INR Million) 10,077 +1.7% +13.9%
EBITDA (INR Million) 1,658 +13.2% +36.3%
PBT (INR Million) 1,375 +12.7% +19%
PAT (INR Million) 1,020 +13.3% +18.5%
'We delivered yet another strong quarter on the back of our strong Q1. Our continued focus on delivery excellence and expanding the value of our expertise across our accounts were the key drivers for this growth. Winning the 2020
Second Quarter FY21 Client Wins and Outcomes
Banking, Financial Services and Insurance
Improving agile maturity for a tax technology leader, including setting up of a
Supporting KYC initiatives as well as partnering in business continuity planning for a banking consortium in
Implementing, supporting and maintaining 18 retail lending products for
Healthcare & Life Sciences
Modernizing applications leveraging cloud and microservices for US-based pharma and equipment company.
Developing engagement platform, using Salesforce, for remote monitoring of organ transplant patients' health metrics for leading precision medicine company.
Industrial
Driving new product acquisition and integration opportunities through robotic process automation for one of the world's top ten technology companies.
Reducing cost and downtime with IBM Engineering Lifecycle Management managed services for one of the US's largest farm bureaus.
Reducing product development time with improved collaboration and data exchange with key suppliers for major US aircraft manufacturer.
Software & Hi-Tech
Establishing a
Setting up global operation center to monitor and manage massively scalable and highly available offering of US-based global data management company.
Modernizing and rearchitecting flagship product from legacy to modern component-based architecture for US-based multi-national medical technology company.
Partner Ecosystem
AWS: Achieved AWS Service Delivery Designation for AWS Lambda
Analyst Recognition
ISG: Persistent wins prestigious 2020
ISG: 'Top 15 Service Provider' in 2020 globally for 2nd consecutive quarter
Other News
Persistent to acquire CAPIOT - strengthening
Call for Code 2020: Organized Persistent Hackathon for Call for Code 2020 created by David Clark Cause with founding partner
Smart India Hackathon 2020: Co-organized the Software Edition of Smart School Hackathon 2020
ACM-W India Women in Computing 2020:
COVID-19 Aid Efforts
Persistent Affirms Commitment to its Communities, Donates more than $500Kto North American charities in help against impact of COVID-19
Donation to
Donation to
Financial Support provided for research on COVID-19 to IISER and for
Financial support provided in treatment of COVID-19 patients at
Support provided for establishment of COVID-19 care centre work at
Support provided for one month expenditure of 300 bedded COVID-19 centre for
About
Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit FLCS
Media Contacts:
+1 213 500 8355
ken_montgomery@persistent.com
Saviera Barretto
Archetype
+91 84249 17719
saviera.barretto@archetype.co
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