Happiest Minds Tech Q3 net rises 17.7%


Tech firm Happiest Minds Technologies reported a 17.7% year-on-year increase in net profit to ₹57.58 crore for the December ended quarter.

However, on a quarter-on-quarter basis, net profit declined 3.1% from 59.4 crore in Q2.
In Q3, the company’s operating revenues stood at ₹366.88 crore, a 29.21% growth annually and 3.2%% sequentially.

The company’s total income stood at ₹374.68 crore, up 28.2% and 4.3% y-o-y and q-o-q, respectively.
Happiest Minds Technologies also reported a 12-month trailing attrition at 20.9% during the third quarter.

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