Happiest Minds Q2 Earnings | Dollar Revenue Up 27% YoY, Dividend Announced

Happiest Minds Technologies Ltd. reported a net profit of Rs 50 crore for the quarter ending Sept. 30, 2024, marking a 3% sequential decline from the previous quarter's Rs 51 crore. Revenue for the second quarter, however, grew by 12% sequentially, reaching Rs 522 crore, up from Rs 464 crore in the June quarter. The company's operating margin stood at 13.2% for the period. In constant currency terms, revenue rose 7% quarter-on-quarter and surged by 28.2% year-on-year, while dollar revenue was up by 3% sequentially and 27% year-on-year. Happiest Minds also announced an interim dividend of Rs 2 per share. Watch Venkatraman Narayanan, MD & CFO, Happiest Minds Technologies and Joseph Anantharaju Executive Vice Chairman & CEO, PDES, Happiest Minds Technologies on Q2 Results And Future Growth Plans.