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Persistent Systems (NSE:PERSISTENT) Pretax Margin % : 15.27% (As of Mar. 2024)


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What is Persistent Systems Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Persistent Systems's Pre-Tax Income for the three months ended in Mar. 2024 was ₹3,955 Mil. Persistent Systems's Revenue for the three months ended in Mar. 2024 was ₹25,905 Mil. Therefore, Persistent Systems's pretax margin for the quarter that ended in Mar. 2024 was 15.27%.

The historical rank and industry rank for Persistent Systems's Pretax Margin % or its related term are showing as below:

NSE:PERSISTENT' s Pretax Margin % Range Over the Past 10 Years
Min: 12.69   Med: 14.65   Max: 20.62
Current: 14.74


NSE:PERSISTENT's Pretax Margin % is ranked better than
81.15% of 2769 companies
in the Software industry
Industry Median: 2.5 vs NSE:PERSISTENT: 14.74

Persistent Systems Pretax Margin % Historical Data

The historical data trend for Persistent Systems's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Persistent Systems Pretax Margin % Chart

Persistent Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.69 14.55 16.18 14.86 14.74

Persistent Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.11 13.23 14.75 15.58 15.27

Competitive Comparison of Persistent Systems's Pretax Margin %

For the Information Technology Services subindustry, Persistent Systems's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Persistent Systems's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Persistent Systems's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Persistent Systems's Pretax Margin % falls into.



Persistent Systems Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Persistent Systems's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=14476.06/98215.87
=14.74 %

Persistent Systems's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=3954.92/25905.26
=15.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Persistent Systems  (NSE:PERSISTENT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Persistent Systems Pretax Margin % Related Terms

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Persistent Systems (NSE:PERSISTENT) Business Description

Traded in Other Exchanges
Address
402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016
Persistent Systems Ltd is an India-based provider of software solution organized in three segments based on end market: Software, Hi-Tech and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare and Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. Most of the firm's revenue gets derived from the Software, Hi-Tech and Emerging Industries segment.

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