Persistent Systems sees healthcare revenue growing to $1 billion in next 3-5 years

Revenue from the Healthcare and Life Sciences vertical is a little below $100 million per quarter. Sandeep Kalra, chief executive at Persistent Systems, said to ET, that Healthcare and Life Sciences vertical is growing at 71% on-year and “that’s a dream come true”. The vertical’s contribution to the company’s total revenue has grown by 8% in the last four quarters. Healthcare’s contribution to the firm’s revenue grew from 19.3% in Q2 FY24 to 27.8% in Q2 FY25.
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