IT Stock Announces Hefty Dividend of Rs 22/Share; What Investors Need To Know Before Key Dates?

The Board of Directors of Persistent Systems, a large-cap IT company, approved an interim dividend of Rs 22 per equity share for the fiscal year 2025-2026, marking a new reward for its shareholders. Persistent Systems began FY26 on a strong, shareholder-friendly note.

Persistent Systems Dividend Dates

As per regulatory disclosures, the record date has been fixed as Tuesday, January 27, 2026, to determine the eligibility of shareholders for receiving the dividend.

Investors would receive a substantial payout once the interim dividend is paid on equity shares with a face value of Rs 5 apiece. Persistent Systems confirmed that, in accordance with SEBI (LODR) Regulations, 2015, the dividend will be paid out within the required 30-day period following the date of announcement. The payout is categorized as an interim dividend and corresponds to the fiscal year that runs from April 1, 2025, to March 31, 2026.

Persistent Systems Q3 Results

A 6.8% quarter-on-quarter (QoQ) drop in its consolidated net profit to Rs 439.45 crore was announced by Persistent Systems in its results report for the third quarter of the 2025-2026 fiscal year (Q3FY26).

According to a regulatory filing, the mid-tier IT company made Rs 471.47 crore in profit during the previous quarter. However, compared to Rs 3,580.72 crore in the second quarter of FY26, the IT company's revenue from operations improved 5.5% sequentially to Rs 3,778.21 crore during Q3FY26.

Operating profit, or EBIT (earnings before interest and tax), fell 7% QoQ to Rs 542.75 crore in the December quarter of FY26 from Rs 583.74 crore in the prior quarter. Its EBIT margin declined from 16.3% in Q2FY26 to 14.4% during the reporting quarter.

For the quarter that ended on December 31, 2025, the IT company booked orders of $674.5 million in Total Contract Value (TCV) and $501.9 million in Annual Contract Value (ACV).

Persistent Systems Target Price

"Persistent Systems stock price is bearish on the Daily charts with strong resistance at 6394. A Daily close below support of 6176 could lead to a target of 5766 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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