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IT company Happiest Minds Technologies has reported an 18.3 per cent year-on-year growth in consolidated net profit to Rs 67.6 crore in the April-June quarter of FY27. The company had posted a net profit of Rs 57.13 crore in the corresponding quarter of FY26, according to a regulatory filing. Revenue from operations grew 14.3 per cent to Rs 628.51 crore during the quarter under review, as compared to Rs 549.9 crore in the year-ago period. Seen sequentially, profit and revenue rose 10.5 per cent and 4 per cent, respectively. "We have opened FY27 with a solid performance. Our AI-first strategy is gaining significant traction, with strong momentum across AI and analytics, digital engineering, platforms, and industry-focused solutions. We have also built a strong and expanding pipeline, registering a 20 per cent growth over the previous quarter," Happiest Minds CEO Joseph Anantharaju said. He said the quality and breadth of opportunities in the firm's pipeline instils in him confidenc
IT Services company LTM on Saturday reported a 17.1 per cent jump in its June quarter net profit to Rs 1,468.6 crore compared to the year-ago period. The company, promoted by EPC major Larsen & Toubro, had reported a net profit of Rs 1,254.6 crore in the year-ago period, and Rs 1,387.3 crore in the March quarter. Its overall revenue grew 18 per cent on-year in rupee terms to Rs 11,608 crore during the reporting quarter, and was up 2.8 per cent when compared with the March quarter. The operating profit margin climbed to 15.5 per cent, up from 14.3 per cent in Q1FY26 and 15.1 per cent in Q4FY26. Its managing director and chief executive Venu Lambu said the results reflect the progress in executing artificial intelligence-centric strategy among other aspects and termed the order book as "strong" with a healthy pipeline across sectors. "Our AI pivot is now producing tangible proof points for clients, visible in the outcomes we are creating and in the size and nature of the engagements
IT major Infosys on Thursday announced the expansion of its Mohali Development Centre (DC) with the launch of a new 350,000-square-foot integrated development campus. The new campus will have the capacity to seat approximately 3,000 employees, the company said in a statement. The groundbreaking ceremony for the new facility saw the presence of Punjab Chief Minister Bhagwant Singh Mann and Cabinet Minister for Investment Promotion, Power and Local Government for Punjab, Sanjeev Arora, alongside Infosys Chief Financial Officer Jayesh Sanghrajka and others. "The expansion of Infosys' Mohali DC strengthens Punjab's position as an emerging hub for technology and innovation. This investment will create significant employment opportunities for the youth of Punjab and neighbouring states while bolstering the state's IT ecosystem. We look forward to Infosys' continued efforts in driving technology-led and inclusive economic growth in the region," Chief Minister Mann said. The new Software .
IT company Coforge on Friday said it has posted 16 per cent increase in consolidated profit at Rs 296.7 crore in the third quarter ended December 31, 2025. Coforge had posted a profit of Rs 255.9 crore in the same period a year ago, the company said in a regulatory filing. The consolidated revenue from operations of Coforge grew by 28.5 per cent to Rs 4,188.1 crore during the reported quarter, from Rs 3,258.1 crore in the December 2024 quarter. Coforge Chief Executive Officer Sudhir Singh said the company posted 5.1 per cent sequential growth in the December quarter, which is a seasonally weak quarter, along with 28.5 per cent year-on-year growth. Six large deals were signed during the period. "A 30 per cent year-on-year increase in the next 12-month executable order book, and a robust large deals pipeline, gives us the confidence of maintaining our strong and sustained growth through both FY26 and FY27. "Furthermore, the USD 2 billion core of Data, Cloud and AI-led engineering th