Q3 FY26: Revenue up 10.7% YoY, PAT dips on Labour Code charge

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Price reactionminutes from the announcement price · days from the prior close

-2.9%Reaction day

₹392.00

prior close

₹392.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.5%-2.4% vs market

Computers - Software & Consulting peers, median of 67sector-2.7%-0.3% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 0.3 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

-1.6

15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-2.9-0.5-2.4-2.7-0.3

Next day

-5.3-2.0-3.4-3.8-1.6

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-1.3-1.4+0.2-4.7+3.4

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15d

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UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 67Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Happiest Minds posted Q3 FY26 revenue of Rs 587.6 crore, up 10.7% YoY. 9-month revenue grew 12.8% to Rs 1,711 crore. EBITDA margin was 20.4% in Q3 versus 21.1% YoY. Reported Q3 PAT fell 19.6% YoY to Rs 40.3 crore due to a Rs 22 crore one-time Labour Code charge. Adjusted PAT grew 13% YoY to Rs 69.9 crore. Company reaffirmed 20-22% EBITDA margin guidance.

Likely market impact

Revenue growth solid; reported PAT hit by one-time charge but adjusted PAT grew 13% YoY. EBITDA margin compressed slightly YoY.