The system shares shares that persistent rose 6 percent intraday to trade at Rs 4,500 on January 21 after the company showed an increase in performance for the quarter that ended December 2021.
The persistent system has posted a surge in 45.87 percent in its net profit at Rs 176.39 Crore for the quarter ended December against Rs 120.92 Crore per year back.
Q3FY21 consolidated income rose 38.71 percent at Rs 1,491.71 Crore against Rs 1,075.39 Crore, Yoy.
The Board of Directors of the Company has approved the payment of the interim dividends of Rs 20 per share equity each for the financial year 2021-22.
Order bookings for the quarter ended December 31, 2021 were $ 334.3 million in the total contract value (TCV) and at $ 291.3 million in the annual contract value (ACV).
“We are proud to announce a quarter of extraordinary performance, with a growth of 36.2 percent year-on-year. This sustainable momentum is the result of our strong capabilities in designing and engineering new digital experiences, income streams, and business models for our clients, “Sandeep Kalra said, Chief Executive Officer and Executive Director, a persistent system.
At 11:38 a.m., a system that persistently quoted at Rs 4,287.90, up 49.40, or 1.17 percent, at BSE.
The section touched the highest 52 weeks of Rs 4,986.85 and the lowest 52 weeks amounting to RS 1,482.05 on January 3, 2022 and January 29, 2021. It traded 14.02 percent below the highest 52 weeks and 189.32 percent above the lowest level of 52 week.
