Happiest Minds Q1 net profit up by 10.5% on AI-led deal momentum
Mid-tier IT services firm Happiest Minds Technologies on Monday reported a 10.5% rise in consolidated net profit to Rs 67.6 crore for the April-June quarter of FY26, up from Rs 61.7 crore in the previous quarter. Meanwhile, the company’s revenue from operations also increased 4% sequentially to Rs 629 crore from Rs 604 crore in the first-quarter of FY27.
On the other hand, the Bengaluru-based firm’s total revenue grew by 14.3% from Rs 549.9 crore posted a year ago. Operating margins expanded by 2.3% quarter-on-quarter (q-o-q) to Rs 109 crore from Rs 106 crore in the previous quarter.
