Persistent Systems targets to double revenues to $2 bn in 4 years ...Middle East

Mid-tier IT company Persistent Systems on Thursday said it is targeting to double the revenues in four years to USD 2 billion. "We will aim to be a USD 2 billion revenue company in four years," its chief executive Sandeep Kalra told PTI, a day after the company achieved its USD 1 billion in annualised revenue by posting a 40 per cent rise in the topline to USD 255 million in the September quarter. Kalra said the company's quarterly revenues stood at USD 125 million three years ago, and the rate of doubling will take longer at four years now, given that it will be a bigger size. In the results for the September quarter declared on Wednesday, the Pune-headquartered company posted a 51.6 per ce

Hence then, the article about persistent systems targets to double revenues to 2 bn in 4 years was published today ( Thursday 20/10/2022 - 09:36 AM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Persistent Systems targets to double revenues to $2 bn in 4 years )

Also on site :

• Jumio Positioned for Third Consecutive Year as the Leader in the 2026 SPARK Matrix™ for Identity Capture and Verification Solutions
• Panasonic Foundation and STEM Next Launch National AI Challenge to Empower High School Students as Future Innovators
• Romania Restarts Coal Plant as Danube Drought Forces Nuclear Shutdown