A global leader in Digital Engineering and Enterprise Modernization, Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) has been recognized as the 'Most Promising Company' of the year at the 19th edition of India Business Leader Awards (IBLA) organized by CNBC-TV18. As a result of capitalizing on the opportunities created by this transformational technology environment and delivering sustained impact to its clients globally, the Company has been able to sustainably grow the Company over the course of the last few years.
It is the editorial panel and jury of CNBC-TV18 which judge candidates for the award on the basis of their ability to create short-term advantage, long-term value, competitive edge, and the demonstration of leadership excellence in the business community. The jury is composed of world-renowned management strategists, academics, and corporate personalities. In this year's IBLA, Persistent was unanimously selected as the 'Most Promising Company' by the jury.
The CNBC-TV18's editorial panel and the jury, which consist of world-respected management strategists, academics, and corporate personalities, evaluate the candidates for the award based on their ability to create short-term advantage, long-term value, a competitive edge, and their demonstration of leadership excellence in the business community. As a result, Persistent was unanimously chosen as the 'Most Promising Company' at the International Business Leaders Conference.
Earlier this year, Persistent reached a revenue milestone of $1 billion, which is a testament to its unwavering client focus, strategic technology investments, and exceptional leadership team, all of which have contributed to its success. 
Additionally, Persistent has reported 14 consecutive quarters of industry-leading sequential growth, which has resulted in a 33% total shareholder return over the past 3 years. Consequently, Persistent's performance contributed to the company's inclusion in the MSCI India Index, the S&P BSE 100 index, and the S&P BSE SENSEX Next 50 index.
Persistent's CEO and Executive Director, Sandeep Kalra, said: 
It is a privilege for us to have been recognized as "The Most Promising Company" on such a prestigious platform. This honor reinforces our dedication to innovation and makes us the partner of choice for our clients. I would like to thank all of the 22,800 employees, clients, partners, and shareholders who have contributed to the success of our company. As a result of this acknowledgement, we are inspired to keep pushing boundaries and setting new standards in our field."
What Persistent is all about
Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company that provides Digital Engineering and Enterprise Modernization solutions through its workforce of over 22,800 employees located in 21 countries. Taking part in the United Nations Global Compact, Persistent is dedicated to aligning its strategies and activities with universal principles on human rights, labor, environment, and anti-corruption, as well as taking actions that support the advancement of societal objectives.. According to Brand Finance, Persistent has grown by 268% since 2020, making it one of the fastest-growing IT services brands in the country
According to Brand Finance, Persistent has grown by 268% since 2020, making it one of the fastest-growing IT services brands in the country
Website: http://www.persistent-marketing.com
Statements that are forward-looking and cautionary
If you would like more information about the risks and uncertainties associated with forward-looking statements, please visit persistent.com/flcs.
Contact information for the media
Persistent Systems (Global) - Aarti Somaiya   +91 93237 42377  [email protected] 
Persistent Systems (Global) Emma Handler+1 617 633 1635 [email protected] Persistent Systems (Global)
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Persistent Systems as a Source
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It is the worldwide leader in digital engineering and software solutions, Persistent Systems (BSE: PERSISTENT), and Persistent Systems (NSE: PERSISTENT).
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