Happiest Minds Technologies Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Happiest Minds Technologies reported audited consolidated results for FY2026 ending March 31, 2026. Total revenue from operations grew 12.3% to Rs 2,31,511 lakh from Rs 2,06,084 lakh in FY2025. Profit after tax increased 15.1% to Rs 21,262 lakh from Rs 18,466 lakh. Basic EPS improved to Rs 14.12 from Rs 12.26. The company declared a final dividend of Rs 3.65 per share (face value Rs 2) subject to shareholder approval at the July 28, 2026 AGM. Exceptional items of Rs 1,859 lakh were recorded, mainly due to fair value changes in contingent considerations. Auditors Deloitte Haskins & Sells issued an unmodified opinion. The company reappointed Deloitte as statutory auditors for a second 5-year term.
The results show steady growth in revenue and profitability with PAT growth outpacing revenue growth, indicating improving operational efficiency. The clean audit opinion and positive operating cash flow of Rs 26,141 lakh are positive signals for shareholders. The modest 12.3% revenue growth may be below expectations for an IT services company.