Happiest Minds

Medium-term gains, valuations may limit downsides for Happiest Minds

Brokerages have a mixed outlook on the stock, with leadership transition a concern, while growth opportunities and reasonable valuations offer support

Ashok Soota: The serial entrepreneur who refuses to hang up his boots

After selling a majority stake in Happiest Minds to ITC Infotech, the 83-year-old entrepreneur is turning his focus to healthcare, medical research and AI

ITC rallies 5%; Happiest Minds Technologies slips 5%; here's why

ITC Infotech will acquire an aggregate minority stake of 22.1% in Happiest Minds from the Promoter and Promoter entities for a total consideration of ₹1,330 crore (average price of ₹395/share).

Stocks to watch: ITC, Happiest Minds, ICICI Bank, PVR Inox, Cipla & more

PVR Inox approved a buyback of up to 20,68,965 fully paid-up equity shares at ₹1,450 per share, for an aggregate amount of up to ₹300 crore.

ITC Infotech, Happiest Minds Technologies to merge in ₹1,330 crore deal

ITC will hold about 73.4 per cent in the merged company, which will have over 19,000 employees, serve 800 customers and target $1 billion in annual revenue by FY28

Happiest Minds confident of maintaining guidance this fiscal: CEO

Happiest Minds reaffirmed its 12.5% growth guidance, betting on AI demand, strong deal wins and regional expansion despite global economic and geopolitical uncertainty

Happiest Minds Q1 results: Profit rises 18% to ₹67.6 crore, revenue up 14%

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

Stock Market Close: Sensex surges 1,695 pts, Nifty ends at 23,623 on hopes for US-Iran peace deal

Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 2.43 per cent and 2.8 per cent higher, respectively

Happiest Minds banking on large deals to maintain double digit growth

Happiest Minds bets on large deals, AI-led demand, and regional diversification to sustain double-digit growth amid macro uncertainty

Happiest Minds Q4 result: Net profit jumps 80% to ₹61 crore; revenue up 11%

IT firm Happiest Minds Technologies on Friday reported a 79.9 per cent growth in consolidated net profit to Rs 61.17 crore in the January-March quarter of FY26, primarily on the back of improved employee utilisation and a resulting expansion in operating margins. The company had posted a net profit of Rs 34 crore in the corresponding quarter of FY25, according to regulatory filings. Revenue from operations grew 10.9 per cent to Rs 604.08 crore during the quarter under review, as compared to Rs 544.57 crore in the year-ago period. Seen sequentially, profit and revenue rose 51.7 per cent and 2.8 per cent, respectively. Employee utilisation improved to 81.4 per cent in the quarter under review, up from 77.4 per cent in the corresponding period last year. As of March 31, 2026, the company has 6,497 employees. The company's operating margin grew by 30.7 per cent year-on-year to Rs 106.21 crore in Q4 FY26, compared to Rs 81.25 crore in Q4 FY25. As a percentage of revenue, the operating

Happiest Minds up 11% as PE firms eye majority stake; company clarifies

Happiest Minds said, the company is not privy to any such discussion and therefore cannot comment on the same.

IT stock: Happiest Minds shares zoom nearly 30% in two days; here's why

Happiest Minds share price: The strong buying interest emerged after the Bengaluru-headquartered firm revised its revenue growth expectation for FY27 to 12.5%, up from its earlier estimate of 10%

Happiest Minds Technologies revises FY27 revenue growth guidance to 12.5%

Happiest Minds raises FY27 revenue growth guidance to 12.5 per cent from 10 per cent, citing strong momentum from its AI-First strategy and growing demand across key sectors

Happiest Minds targets $50 mn Gen AI revenue over next three years

Happiest Minds expects $50 mn revenue from generative AI over the next three years, with 22 scalable projects in play. Q2FY26 profit rose 9% to ₹54 crore on 10% revenue growth

Happiest Minds eyes double-digit growth in FY26 despite challenges

IT firm saw Q4 revenue flat due to a client exit, but expects BFS and healthcare to drive growth; 20-24 key accounts identified for $20 mn-plus revenue focus

Happiest Minds Technologies Q4 results: Net profit drops 53% to Rs 34 crore

Mid-cap Indian IT firm Happiest Minds Technologies has reported a 52.7 per cent decline in consolidated net profit to Rs 34 crore in the March-ended quarter. It had posted a profit of Rs 71.9 crore in the year-ago period, according to a regulatory filing. Revenue for the quarter under review rose 30.5 per cent to Rs 544.5 crore, compared with Rs 417.2 crore in Q4 FY24. Sequentially, profit dropped 32 per cent, while revenue rose 2.5 per cent. The firm added 14 new clients in Q4, bringing the tally to 281. For full FY25, the Bengaluru-headquartered firm logged a profit of Rs 184.6 crore, a 25.6 per cent dip from Rs 248.3 per cent in FY24. Revenue in FY25 was recorded 26.8 per cent higher at 2,060.8 crore. The company, in March, announced a slew of apex-level changes in its organisation structure with immediate effect. As part of the rejig, Executive Vice Chairman Joseph Anantharaju was elevated to Co-Chairman and CEO, while Chairman Ashok Soota took up an additional position as

IT firm Happiest Minds confident to grow in double digits next fiscal

Indian IT companies - both large and medium - are bracing themselves for another uncertain year as the industry is yet to assess the impacts of tariffs on the US economy

IT firm Happiest Minds appoints Joseph Anantharaju as CEO, Co-chairman

IT company Happiest Minds Technologies on Wednesday announced apex-level changes in its organisation structure, effective immediately. Joseph Anantharaju has been elevated to Co-Chairman and CEO of the Bengaluru-headquartered firm, according to a company statement. He will now head all business divisions of the company: Product & Digital Engineering Services (PDES), Infrastructure Management & Security Services (IMSS), and GenAI Business Services (GBS). Earlier, he served as the executive vice chairman, president & CEO of the PDES Division up till now. Its Chairman Ashok Soota will now take up an additional position as the Chief Mentor. Venkatraman Narayanan will continue as the MD & CFO of Happiest Minds. He will head the finance, talent acquisition, internal IT, learning & development, ESG, CSR, procurement and administration teams. Anantharaju and Narayanan will be jointly responsible for M&A and Board matters, the statement said, adding that they will ...

Happiest Minds Q3FY25 results: PAT down 16% on higher finance costs

Revenue for the quarter grew 27.5 per cent to Rs 553 crore, compared to a year earlier

Happiest Minds Tech gains 4% after acquiring GAVS Tech Middle East biz

Happiest Minds Technologies share price gained 4.39 per cent at Rs 726.30 a piece on the BSE in Monday's intraday