Last 1,306 INR
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As of 7:06 AM 09/1/14 All times are local (Market data is delayed by at least 15 minutes).

persistent systems ltd (PSYS) Snapshot

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07/18/14 - 1,400
52 Week Low
09/6/13 - 536.60
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persistent systems ltd (PSYS) Details

Persistent Systems Limited operates in the software development and information technology services business in North America, Europe, and the Asia Pacific. The company operates through Telecom and Wireless, Life Science and Healthcare, and Infrastructure and Systems segments. It offers outsourced software product development services; and services in social, mobility, analytics, and cloud computing, as well as IP products. The company is also involved in the technology innovation in life sciences, telecom, and product lifecycle management domains; and provision of professional and marketing services. In addition, it offers product life cycle services, including product concept, product design, product engineering and development, agile methodology, support and quality assurance, and industrial design and engineering; and solutions in analytics, big data, cloud computing, mobility, and social technology areas. Further, the company deploys, integrates, and runs social communities on social customer platforms. It serves technology, telecommunications, consumer packaged goods, life sciences, banking and financial services, and healthcare industries. The company was incorporated in 1990 and is based in Pune, India.

Founded in 1990

persistent systems ltd (PSYS) Top Compensated Officers

Founder, Chairman, Managing Director, Chief E...
Total Annual Compensation: 10.1M
Chief Financial Officer and Head of Investor ...
Total Annual Compensation: 5.4M
Head of Research and Chief Technology Officer...
Total Annual Compensation: --
Compliance Officer and Company Secretary
Total Annual Compensation: 940.0K
Compensation as of Fiscal Year 2014.

persistent systems ltd (PSYS) Key Developments

Persistent Systems Limited, Board Meeting, Aug 02, 2014

Persistent Systems Limited, Board Meeting, Aug 02, 2014. Agenda: To consider increasing the existing investment limit of 24% for the Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) under Portfolio Investment Scheme (PIS) of the Foreign Exchange Management Act, 1999; and to consider a further course of action for obtaining the members' approval for the same.

Persistent Systems Limited Appoints Roshini Bakshi as Independent Director

Persistent Systems Limited appointed Roshini Bakshi as Independent Director.

Persistent Systems Limited Announces Audited Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Capex Guidance for the Year 2014

Persistent Systems Limited announced audited consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, the company's income from operations (net) was INR 4,349.87 million compared to INR 3,572.88 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 684.22 million compare to INR 530.66 million a year ago. Profit from ordinary activities before tax was INR 954.15 million compared to INR 803.12 million a year ago. Net profit was INR 688.04 million or INR 16.80 per diluted share before and after extraordinary items compared to INR 570.95 million or INR 62.32 per diluted share before and after extraordinary items a year ago. EBITDA was INR 948.98 million. EBIDTA was INR 948.98 million. Capex for the quarter was INR 175 million and it related to the new building in Goa and acquisition of hardware and software. The company announced that capex plan for the year 2014 is estimated at around INR 1,000 million.


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