# Persistent Q2 FY26: $406M Revenue with 17.6% YoY Growth

URL: https://technosports.co.in/persistent-q2-fy26-406m-revenue-with-17-yoy/  
Published: 2025-10-17  
Updated: 2025-10-17  
Author: Hardik Dhamija

Persistent Systems reported $406.2 million revenue for Q2 FY26 ending September 30, 2025, marking 17.6% year-over-year growth and its 22nd consecutive quarter of revenue expansion. The IT services company achieved 16.3% EBIT margin with 43.7% YoY growth, backed by $609.2 million Total Contract Value in new order bookings.

## **Table of Contents**

![Persistent](https://technosports.co.in/wp-content/uploads/2025/10/Persistent-Q2-1-1024x576.webp)

## **Persistent Q2 FY26: Financial Highlights**

| Metric | Q2 FY26 | QoQ Growth | YoY Growth | Margin % |
| --- | --- | --- | --- | --- |
| Revenue (USD) | $406.2M | 4.2% | 17.6% | – |
| Revenue (INR) | ₹35,807M | 7.4% | 23.6% | – |
| EBIT | ₹5,837M | 12.7% | 43.7% | 16.3% |
| PAT | ₹4,715M | 11.0% | 45.1% | 13.2% |

### **22 Consecutive Growth Quarters**

Persistent achieved 4.4% constant currency growth quarter-over-quarter, demonstrating sustained momentum in IT services despite global economic headwinds. The company’s 16.3% EBIT margin improved significantly, while profit after tax (PAT) surged 45.1% year-over-year to ₹4,715 million.

Sandeep Kalra, CEO and Executive Director, stated: “This performance reflects our commitment to impactful transformation and execution excellence. Our AI strategy builds on a strong platform-led foundation powered by deep domain knowledge, differentiated IPs, accelerators and strategic partnerships.”

![](https://technosports.co.in/wp-content/uploads/2025/10/Persistent-Q2-2-1-930x1024.webp)

### **Strong Order Booking Pipeline**

Q2 order booking reached $609.2 million in Total Contract Value (TCV) and $447.9 million in Annual Contract Value (ACV), indicating healthy future revenue pipeline. Key wins spanned Software/Hi-Tech, BFSI, and Healthcare sectors.

Notable contracts include accelerating AI infrastructure platforms using SASVA™ for a global infrastructure provider, transforming tax and accounting software for a financial technology platform, and modernizing digital presence for one of the world’s largest healthcare companies.

### **Industry Recognition and Awards**

Everest Group awarded Persistent the ‘Growth Honor of the Year’ for 2025, while the company achieved Leader status in Talent Readiness for Next-generation Cloud Services PEAK Matrix® Assessment 2025. Additional accolades include ISG CX Star Performer Awards, National AI Awards 2025 by CII, and America’s Greatest Workplaces in Tech 2025 by Newsweek.

![](https://technosports.co.in/wp-content/uploads/2025/10/Persistent-Q2-3-1024x768.webp)

### **Leadership Elevation**

Jaideep Dhok was elevated to Chief Operating Officer — Technology effective August 12, 2025. Previously Senior VP of BFSI, he now oversees Delivery Excellence, Talent Acquisition/Management, Learning and Development, Alliances and Partnerships, while continuing to lead the APAC region.

For complete financial details and investor presentations, visit [Persistent Systems](https://www.persistent.com/)‘ investor relations page for quarterly reports.

Explore more IT services earnings on our technology stocks section covering industry performance.

**The Bottom Line**: Persistent’s Q2 FY26 results demonstrate robust growth with $406.2 million revenue (17.6% YoY) and improved profitability (16.3% EBIT margin). Strong order bookings worth $609 million TCV position the company for sustained momentum, while industry recognition validates its [AI](https://technosports.co.in/?s=AI)-focused transformation strategy.

## **FAQs**

### **What’s Persistent’s revenue guidance for FY26?**

Guidance not disclosed; Q2 shows 17.6% YoY growth continuing 22-quarter expansion streak.

### **Which sectors drove Persistent’s Q2 growth?**

Software/Hi-Tech, BFSI, and Healthcare with AI infrastructure and digital transformation projects.