Happiest Minds Q1 FY27 Revenue ₹629 Cr, Up 14.3% YoY

Happiest Minds Technologies reported a strong start to FY27 with Q1 revenues reaching ₹629 crores, marking a 14.3% year-on-year increase. The company also saw operating margins grow by 11.8% year-on-year. Revenue in constant currency grew 6.7% YoY. Adjusted EPS stood at ₹5.34 per share, up 17% YoY. The company highlighted strong momentum in AI and Analytics, digital engineering, and platforms, with a robust pipeline showing 20% growth quarter-on-quarter. Key wins include strategic partnerships for data and AI, managed infrastructure services, and a multi-year, multi-million-dollar managed security services deal. The company ended the quarter with 306 clients and 6,532 employees, with a trailing 12-month attrition rate of 15.4%.