Persistent Systems posts strong Q1 FY26 growth in profit and revenue, but shares drop 7.16% despite upbeat performance.

• Net profit up 38.7% YoY; revenue grew 21.8% QoQ; PBT rose nearly 64% YoY to ₹555.41 crore.
• Q1 revenue hit $389.7 million; TCV at $520.8M and ACV at $385.3M; EBIT and EBITDA margins also improved.
• CEO credits AI-led strategy and talent focus; firm recognized by ISG, Everest, and Extel for leadership and execution.