Happiest Minds Technologies second quarter profit up 30% to Rs 44 cr

Happiest Minds Technologies on Thursday said its consolidated net profit in September quarter rose 30.4 per cent to Rs 44.44 crore.

The IT company had posted a net profit of Rs 34.08 crore in the year-ago period.

Revenue grew 44.7 per cent at Rs 264.53 crore in the quarter under review from Rs 182.84 crore in the same period a year ago, a regulatory filing said.

“We continue our growth momentum with, yet another quarter of stellar growth, driven by a strong demand environment. Given our strong brand recall…and razor-sharp focus on delivering high quality outcomes, we are able to win new logos and increase our wallet share across our existing customers, company’s Executive Vice Chairman Joseph Anantharaju said.