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Happiest Minds Technologies Q2 FY27: revenue up 12.5% to ₹645 Cr, net profit up 15.2% to ₹62 Cr

Results · Finvezto · 2 Nov 2026 · Happiest Minds Technologies (HAPPSTMNDS)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue645+2.7%+12.5%
Operating profit122+3.3%+23.1%
Net profit62-8.0%+15.2%
Operating margin18.8%+0.1 pp+1.6 pp
Net margin9.6%-1.1 pp+0.2 pp

Key points

  • Happiest Minds Technologies Limited reported consolidated revenue of Rs 645.43 crore for Q2 FY27, up 12.5% year-on-year, with operating margins rising 22.4% to Rs 119.11 crore and adjusted PAT increasing 20.7% to Rs 79.11 crore. NSE filing
  • The board declared an interim dividend of Rs 3.05 per equity share and highlighted that its proposed merger with ITC Infotech remains on track. NSE filing
  • Revenue was ₹645 Cr, up 12.5% on a year earlier and up 2.7% on the quarter before. Finvezto data

Other figures

  • Operating Margins: ₹119 Cr (+22.4% YoY)
  • Operating Revenues in US $: 67.40 US$ million (+3.6% YoY)

What to watch

  • Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 18.2%, 17.1%, 18.7%, 18.8%.
  • Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 40, 61, 68, 62.

Links

NSE filing (PDF) · Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.