Persistent Systems Q2 FY13 $ Revenue Grows 9.4% Q-o-Q, EBIDTA Grows 10.3% Q-o-Q, IP Led Revenues Grows 48.5% Q-o-Q

Persistent Systems Q2 FY13 $ Revenue Grows 9.4% Q-o-Q, EBIDTA Grows 10.3% Q-o-Q, IP Led Revenues Grows 48.5% Q-o-Q

PUNE, INDIA — (Marketwire) — 10/18/12 — (BOMBAY: PERSISTENT) (NSE: PERSISTENT), the global leader in software product and technology services, today announced the Company-s audited financial results for the second quarter ended September 30, 2012, as approved by the Board of Directors.Revenue was US$ 60.05 Million, representing a Y-o-Y growth of 16.5%, and Q-o-Q growth of 9.4%.Revenue was ` 3,268.64 Million representing a Y-o-Y growth of 37.2%, and Q-o-Q growth of 8.7%.IP led Revenue for th