Financial results for the quarter and financial year ended March 31, 2026
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Happiest Minds Technologies reported FY26 consolidated revenue of Rs 2,31,511 lakhs, up 12.3% from Rs 2,06,084 lakhs in FY25. Q4 revenue was Rs 60,408 lakhs, growing 10.9% year-on-year. Profit after tax for FY26 stood at Rs 21,262 lakhs, a 15.1% increase from Rs 18,466 lakhs in the prior year. Q4 PAT was Rs 6,117 lakhs, up sharply by 79.9% YoY. Basic EPS for FY26 was Rs 14.12 versus Rs 12.26. The board recommended a final dividend of Rs 3.65 per share. Exceptional items include a net gain of Rs 1,859 lakhs comprising gains from remeasurement of Aureus contingent consideration (Rs 1,591 lakhs) offset by PureSoftware earn-out loss (Rs 1,247 lakhs). The statutory auditor issued an unmodified clean opinion on both standalone and consolidated financial statements.
The company delivered solid double-digit revenue growth and improved profitability, with Q4 showing particularly strong earnings recovery. The clean auditor opinion and shareholder-friendly dividend signal financial health. Rising debt-equity ratio (0.88 vs 0.79) warrants monitoring given increased borrowings.