Happiest Minds Technologies Limited — Important, 31-07-2025: Updates

Happiest Minds reported strong Q1 FY26 results, with total income rising 18.5% YoY to ₹579.93 Cr. US$ revenue reached $64.4 million, marking 17.5% YoY growth in constant currency. EBITDA stood at ₹124.05 Cr, maintaining a healthy 21.4% margin. PAT was ₹57.13 Cr, up 12% YoY. The company added 17 clients, reaching 285, and achieved a multi-quarter high utilization of 78.9%. Strategic investments in GenAI and sales engine strengthening continue, securing key project wins across various sectors including GenAI and cloud transformation.