Rs 18 Dividend per share: IT company to reward shareholders; do you own?

Rs 18 Dividend per share: Persistent Systems reported a solid set of numbers for the March 2026 quarter, along with a dividend for shareholders.

A dividend is simply a part of a company’s profit that it shares with its investors (shareholders). When a company earns money, it can either reinvest it in the business or distribute some of it to people who own its shares.

This payment is called a dividend. For example, if you own shares of a company and it announces a dividend, you will get some money for each share you hold. It is like a “reward” or “income” for investing in the company. Not all companies give dividends, but those that do usually pay them regularly, such as every quarter or year.

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Rs 18 Dividend per share

Persistent Systems’s board has recommended a final dividend of Rs 18 per equity share for FY26. This takes the total dividend payout for the financial year to Rs 40 per share, higher than Rs 35 per share in FY25.

The final dividend is subject to approval at the upcoming Annual General Meeting.

The company has not yet decided the record date for who will receive the dividend. It will be determined later.

The record date is the specific day on which the company checks its records to see who owns its shares. Only those investors whose names appear as shareholders on that date are eligible to get the dividend.

It simply means the company will announce that date in the future, and only shareholders holding the stock on that announced date will receive the dividend.

Profit beats estimates

The company reported a 20.4 per cent quarter-on-quarter rise in consolidated net profit to Rs 529 crore for the March 2026 quarter. This was slightly above Zee Business estimates of Rs 524 crore.

Read detailed result here: Persistent Systems Q4 Results: PAT jumps 20.5% vs Q3, beats expectations—Key takeaways

Revenue growth steady

Consolidated revenue came in at Rs 4,056 crore, up 7.4 per cent sequentially from Rs 3,778 crore. The topline also came in higher than Zee Business estimates of Rs 4,023 crore.

Margins under slight pressure

EBIT stood at Rs 659 crore, rising 4.2 per cent from Rs 632 crore in Q3. The EBIT margin, on the other hand, dropped from 16.7% to 16.3%, which means that profitability is under some pressure. Deal wins are still strong, with $600.8 million in total contract value (TCV) and $445.1 million in annual contract value (ACV) booked for the quarter. This shows that clients are still coming on board and deals are still going strong.

Management commentary

Founder, Chairman and Managing Director Dr Anand Deshpande said the company has focused on building capabilities ahead of demand, especially in engineering and data. He added that these investments are now supporting enterprise AI adoption and strengthening client relationships.

Chief Executive Officer Sandeep Kalra said Persistent delivered 17.4 per cent year-on-year revenue growth in FY26 with an EBIT margin of 15.6 per cent. He highlighted that Q4 marked the company’s 24th consecutive quarter of growth. He added that the firm’s AI-first strategy is improving delivery quality and scale as adoption accelerates.