|
Happiest Minds Technologies Ltd share price ticked higher by 0.95% to Rs 317.45 after the company's net profit eased 8% to Rs 62.19 crore, while revenue from operations slightly gained 2.69% to Rs 645.43 crore in Q2FY27 over Q2FY26.
The market capitalization of Computers - Software & Consulting industry group stocks on BSE stood at Rs 26.21 lakh crore, easing 3.58%. It has softened by 1.65% over last one week and ticked higher by 1.88% in last one month while the market capitalization of Happiest Minds Technologies Ltd has eased by 0.11% and 24.43% in the same period respectively.
Profit before tax (PBT) of Happiest Minds Technologies Ltd stood at Rs 83.53 crore in Q2 FY27, heading higher 14.96% year-on-year, and slipping 7.39% quarter-on-quarter. EBITDA came in at Rs 101 crore, expanding by 31.00% YoY and gaining 7.46% sequentially.
Total expenses grew marginally by 2.64% to Rs 547.62 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 428.61 crore, ticking higher by 4.31% YoY.
For FY26, revenue from operations improved 12.34% to Rs 2315.11 crore, while net profit improved by 15.14% to Rs 212.62 crore, compared to previous FY. EBITDA jumped by 25153% to Rs 318.41 crore, and PBT registered a growth of 11.25% to Rs 284.21 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 261.41 crore in FY26, as against Rs 236.42 crore in FY25.
Happiest Minds Technologies Ltd tumbled by 37.02% in last one year, underperforming the benchmark BSE Sensex which has eased by 2.37% during the same period.
|