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For Happiest Minds, Q1FY25 was one of the best in terms of growth since the company got listed in September 2020
During Q1FY25, the company's net profit dropped 12.5 per cent Year-on-Year (Y-O-Y) to Rs 51.03 crore, compared to Rs 58.33 crore reported in Q1FY24
Happiest Minds block deal news: Reports suggest Happiest Minds' Promoter and Executive Chairman, Ashok Soota, was looking to sell 6 per cent stake in the company through a block deal
At present, our team is actively engaged in the development of 15 GenAI projects, each tailored to meet the unique needs of our diverse client base
This is the third acquisition by Happiest Minds in FY25. In April, it acquired PureSoftware Technologies for $94.5 million (Rs 784 crore) and Macmillan Learning India for Rs 4.5 crore