Happiest Minds Technologies Limited — Board Meeting, 04-02-2025: Outcome of Board Meeting

Happiest Minds Technologies Limited's board meeting resulted in the approval of unaudited consolidated financial results for the quarter and nine months ended December 31, 2024. Revenue reached ₹ 531 Crore, with a YoY growth of 29.5% and a QoQ increase of 1.8%. EBITDA was ₹ 117 Crore, representing an 11.1% increase YoY. The board also approved a Composite Scheme of Arrangement involving Puresoftware Technologies Private Limited. Profit After Tax (PAT) amounted to ₹ 50.10 Crore. Cash flow remains robust, supporting ongoing growth initiatives, including the establishment of a Generative AI Business Unit.