| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 587.56 | 2.4% | 10.7% |
| Total Income | 603.28 | 1.4% | 8.9% |
| Expenditure | 527.05 | 0.9% | 8.7% |
| PBT | 54.20 | 25.4% | 21.4% |
| Net Profit | 40.30 | 25.4% | 19.6% |
| OPM | 14.48% | 2.72pp | 14.85pp |
| NPM | 6.68% | 2.40pp | 2.37pp |
| EPS | 2.68 | 25.4% | 19.5% |
Happiest Minds' Q3 FY26 Revenues Surge by 10.7% y-o-y, EBITDA Margin at 20.4%
09 Feb 2026 · 9 Feb, 10:31 pm
Summary
Happiest Minds Technologies Limited reported its consolidated results for the Third quarter ended December 31, 2025. The company's revenues grew by 10.7% y-o-y to X 587 Crores and EBITDA margin stood at 20.4%. The company's 'Al First. Agile Always.' strategy is expected to accelerate its growth.
Key Highlights
- 1
Revenues for the quarter grew by 10.7% y-o-y
- 2
EBITDA Margin stood at 20.4%
- 3
Al First. Agile Always. strategy to significantly enhance Happiest Minds’ future growth
- 4
Al Services Delivery Platform for speed, scale and value
- 5
32 Generative Al & Agentic Al use cases that have successfully moved beyond prototypes
- 6
Revenue in constant currency grew 1.2% g-o-q and 7.1% y-o-y
- 7
Total Income of X 177,840 lakhs growing 11.7% YoY
- 8
EBITDA of X 36,716 lakhs, 20.6% of Total Income
- 9
297 clients as of December 31, 2025
- 10
11 additions in the quarter
- 11
6548 Happiest Minds as of December 31, 2025
- 12
Trailing 12-month attrition of 17.4%
Management Comments
Ashok Soota
Chairman & Chief Mentor
With Al First. Agile Always., we have launched Al First as our 11th strategic transformation, supported by 11 strategic programs that together define how Happiest Minds will build, deliver, and scale value in an Al-driven world. We have already made considerable progress across several of these programs, and we expect this momentum to accelerate the growth of Happiest Minds.
Sridhar Mantha
CEO of Generative Al Business Services (GBS)
A key pillar of this journey is our Al Services Delivery Platform built for speed, scale and value. The platform brings together proven frameworks, reusable components and intelligent agents to help enterprises move Al (nitiatives from pilots to production.
Joseph Anantharaju
Co-Chairman & CEO
Happiest Minds has embraced becoming India’s leading Al First customer-centric digital engineering and Mindful IT company, helping clients to transition and succeed in an Al-competitive world.
Venkatraman Narayanan
Managing Director
We continue to deliver healthy revenue growth and operating and EBITDA margins in line with our commitments. Supported by robust cash flows and a steadfast focus on long-term value creation through our Al First approach, we remain well positioned to drive sustainable growth, profitability, and returns for our stakeholders.
Informational and educational content only. Not investment advice.