Happiest Minds Q4 consolidated net profit zooms to Rs 36 crore

IT firm Happiest Minds Technologies Ltd has reported a manifold growth in consolidated net profit at Rs 36.05 crore in the March 2021 quarter.

The company, which got listed on BSE and NSE last year, had posted a net profit of Rs 5.30 crore in the year-ago period.

Its revenue was at Rs 220.71 crore in the quarter under review, up 18.4 per cent from Rs 186.35 crore in the year-ago period, a regulatory filing said.

On a quarter-on-quarter basis the net profit fell 14.5 per cent, from Rs 42.15 crore in the December 2020 quarter. Its revenue grew 14.5 per cent from Rs 192.84 crore in the third quarter of FY’21.