Business & Investment

Happiest Minds Q2 Results: Happiest Minds Q2 Results: Net Income Increased 30.4%.Sales increased 46% year-on-year

Mumbai: The happiest heart Technologies reported consolidated profits for the second quarter, which ended in September, up 46% year-on-year and up 8% quarter-on-quarter to Rs 27.4 billion. Profit was 44.4 rupees (up 24% quarter-on-quarter), up 30.4% year-on-year.

“We continue to grow and are driven by a strong demand environment, with an additional quarter of stellar growth. Strong brand recall as a” Born Digital, Born Agile “company. Given our very keen focus on delivering high quality results, we can win a new logo and increase our share of wallet across our existing customers, “said executive Joseph Anantharaju. .. Vice Chairman of Happiest Minds Technologies.

The company added eight new customers during the quarter, increased its total customer base to 186, and 87% of its business came from repeaters. North America accounts for 66% of the company’s revenue and India accounts for 13%.

“We closed another good quarter with an all-round performance. We are pleased to add 568 happy hearts online earlier this year. At Happiest Minds Technologies MD and CFO. One Venkatraman N said:

The company has announced an interim dividend of Rs 1.75 per share with a par value of Rs. 2 / -2021 Fiscal year.

“Companies continue to do their best on their digital journey, including improving the end-user experience, improving operational efficiency, and realigning their business models with cloud-first initiatives. Rajiv Shah, a board member of Happiest Minds Technologies, said: It says.

The company added 258 people during the quarter, increasing its workforce to 3,796. Turnover jumped from 14.7% in the previous quarter to 18.5%.

Happiest Minds Q2 Results: Happiest Minds Q2 Results: Net Income Increased 30.4%.Sales increased 46% year-on-year

https://economictimes.indiatimes.com/markets/stocks/earnings/happiest-minds-q2-results-net-profit-rises-30-4-income-up-46-on-yoy-basis/articleshow/87337028.cms Happiest Minds Q2 Results: Happiest Minds Q2 Results: Net Income Increased 30.4%.Sales increased 46% year-on-year

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