#PERSISTENT SYSTEM IN FOCUS

@Persistentsys is set to release its quarterly results today and expectations are as follows

4.7% qoq growth in c/c. 
Growth of 20% yoy will be industry leading. Growth includes 50 bps contribution from acquisitions Arraka and SohoDragon. 
Growth will be led by healthcare and financial services vertical. 
KIE expect 100 bps qoq increase in EBIT margin to 15%. 
Underlying EBIT margins may be lower due to likely benefits from provision reversals.

Expect healthy TCV and ACV of deal wins. 

Investors to focus on the following themes--
(1) success factors driving strong growth outperformance versus industry and drivers of
sustainability, 
(2) underlying margins and the path to expansion to meet medium term targets, 
(3)
strength of deal pipeline and conversion timelines, 
(4) strength of demand in underperforming
software and hi-tech segment and 
(4) update on US$2 bn revenue growth and 200-300 bps margin improvement timeline.
#persistent
#PERSISTENT