StockWatch
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Computers - Software & Consulting
Quarterly Result29 Jul 2026, 09:00 pm

Happiest Minds Q1 FY27: Revenue up 14.3% YoY to ₹629 Cr

AI Summary

Happiest Minds Technologies Ltd announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported operating revenue of ₹629 crore, a 14.3% increase year-on-year and 4.0% sequentially. In constant currency, revenue grew 6.7% year-on-year. Operating margins were healthy at 17.5%. Adjusted PAT increased by 14.7% year-on-year to ₹80.5 crore, with Adjusted EPS growing to ₹5.34. The company highlighted a strong balance sheet with ₹1,743 crore in cash and cash equivalents. Key operational metrics include 306 active customers, 92 billion-dollar corporations served, and a repeat business rate of 94.4%. Voluntary attrition improved to 15.4%.

Key Highlights

  • Q1 FY27 revenue grew 14.3% YoY to ₹629 crore.
  • Operating margins remained healthy at 17.5%.
  • Adjusted PAT increased 14.7% YoY to ₹80.5 crore.
  • Cash and cash equivalents stood at ₹1,743 crore.
  • Voluntary attrition improved to 15.4%.