{"id":1026347,"date":"2026-08-05T08:49:16","date_gmt":"2026-08-05T03:19:16","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1026347"},"modified":"2026-08-05T09:30:33","modified_gmt":"2026-08-05T04:00:33","slug":"persistent-on-track-to-reach-2-billion-run-rate-mark-tapping-long-term-finance-for-acquisition","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/05\/persistent-on-track-to-reach-2-billion-run-rate-mark-tapping-long-term-finance-for-acquisition\/","title":{"rendered":"Persistent on track to reach $ 2 billion run-rate mark; tapping long term finance for acquisition"},"content":{"rendered":"<p>Persistent Systems is confident of maintaining its operating margins in the 16-17% range for this fiscal. Revenue growth is expected in all three verticals. Vinit Teredesai, executive director and CFO, said Persistent was on track to reach the $ 2 billion run-rate mark in FY27. \u201cThe large deal takes us comfortably towards the $2 billion mark,\u201d he said. <\/p>\n<p>Additionally, the acquisition of Nagarro and the synergies that the combined organisation is creating put them in a completely different orbit, Teredesai said. The acquisition was part of its strategy to become a $5 billion organisation by FY31.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Persistent Systems is confident of maintaining its operating margins in the 16-17% range for this fiscal. Revenue growth is expected in all three verticals. Vinit Teredesai, executive director and CFO, said Persistent was on track to reach the $ 2 billion run-rate mark in FY27. \u201cThe large deal takes us comfortably towards the $2 billion mark,\u201d he said. Additionally, the acquisition of Nagarro and the synergies that the combined organisation is creating put them in a completely different orbit, Teredesai said. The acquisition was part of its strategy to become a $5 billion organisation by FY31.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1026347","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1026347"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026347\/revisions"}],"predecessor-version":[{"id":1026371,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026347\/revisions\/1026371"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1026347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1026347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1026347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}