Happiest Minds Q1 profit jumps 11.9%; digital revenues now at 94%, bags key GenAI deals

Happiest Minds Technologies has reported a solid start to FY26 with a 11.9 per cent jump in its consolidated net profit for the June quarter. The company posted a profit of Rs 57.13 crore in Q1 FY26, compared to Rs 34 crore in the previous quarter and Rs 51.03 crore in Q1 last year.

The Bengaluru-headquartered IT services firm saw revenue from operations rise to Rs 549.9 crore, up 1 per cent sequentially and 18.6 per cent on a year-on-year basis. Total income, including other income, stood at Rs 57,993 lakh.