Persistent Systems said its audited results for the first quarter of FY27 showed revenue of $452.4 million, marking 16.1% growth from a year earlier. The company released the update from San Jose, California, and Pune, India.
The quarter also brought stronger operating performance. Persistent reported EBIT growth of 32.7% year over year, indicating that profit growth outpaced the rise in revenue during the period.
Another major highlight was quarterly TCV of $1.15 billion, which the company described as its highest ever for a single quarter. That figure points to strong deal activity and adds to the significance of the opening quarter for FY27.
Taken together, the results show Persistent starting the fiscal year with solid top-line expansion, faster EBIT growth, and record quarterly TCV. The update underscores continued momentum as the company moves further into FY27.
