Persistent Systems

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166 • Annual Report 2018-19
Shaping the future of software driven business
Business Responsibility Report
Section A: General Information about the Company
1. Corporate Identity Number (CIN) of the Company L72300PN1990PLC056696
2. Name of the Company Persistent Systems Limited
3. Registered Office address Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra
4. Website
5. E-mail ID
6. Financial year reported April 1, 2018 to March 31, 2019
7. Sector(s) that the Company is engaged in
(industrial activity code-wise)
Computer programming, consultancy and related activities (62011,
62012, 62013, 62020, 62091, 62092 and 62099)
8. List three key products / services that
the Company manufactures / provides
(as in balance sheet)
a. Enterprise Digital Transformation
b. Product engineering services and solutioning for Internet
of Things
c. Product engineering and Professional Services for ISVs and
enterprises
d. IP Products
9. Total number of locations where business
activity is undertaken by the Company
i. Number of International Locations –
Sr. No. Continent Country
A. Africa South Africa
B. Asia a. Japan
b. Israel
c. Malaysia
d. Singapore
e. Sri Lanka
C. Australia Australia
D. Europe a. Scotland
b. England
c. France
d. Germany
e. Ireland
f. The Netherlands
g. Switzerland
E. North America a. Canada
b. Mexico
c. USA
ii. Number of National (India) Locations –
a. Pune, Maharashtra
b. Nagpur, Maharashtra
c. Hyderabad, Telangana
d. Bengaluru, Karnataka
e. Verna, Goa
10. Markets served by the Company Company provides its services in India as well as abroad
Section B: Financial Details of the Company as on March 31, 2019 (Audited Financials)
1. Paid up Capital (INR) ` 791.19 Million (Refer Note below)
2. Total Turnover (Standalone) (INR) ` 19,598.67 Million
3. Total profit after taxes (Standalone) (INR) ` 3,150.08 Million
4. Total Spending on Corporate Social Responsibility
(CSR) as percentage of profit after tax (%)
2.55% (` 80.36 Million)
5. List of activities in which expenditure in (4) above
has been incurred
a. Health
b. Education
c. Community Development
d. Assistance in natural calamities (Kerala Floods)
Note: The buyback of equity shares through the stock exchanges commenced on February 8, 2019. During the period from
February 8, 2019 to March 31, 2019, 881,098 Equity Shares were purchased from the open market and have been extinguished on April 9, 2019.
Consequently, the paid-up capital of the Company has been reduced from ` 800.00 million to ` 791.12 million comprising of 79,118,902 Equity
Shares of ` 10 each and the same has been reported above.