Happiest Minds Technologies announced its Q2 FY27 financial results, reporting revenues of ₹645 Crores, a 12.5% year-over-year increase. The company also declared an interim dividend of ₹3.05 per equity share. Operating margins grew to 22.4%, and adjusted profit after tax (PAT) increased by 20.7% year-over-year. The record date for the dividend is November 6, 2026.
Happiest Minds Reports Strong Q2 FY27 Performance
Happiest Minds Technologies Limited has announced its consolidated financial results for the second quarter ended September 30, 2026. The company reported robust revenue growth and improved profitability, underscoring its consistent execution and strategic focus.
Key Financial Highlights:
- Revenues: ₹645 Crores, a 12.5% year-over-year increase.
- Operating Margins: Grew to 22.4%, showing improved operational efficiency.
- Adjusted Profit After Tax (PAT): Increased by 20.7% year-over-year, indicating strong bottom-line performance.
- Total Income: ₹1,31,818 Lakhs for the half-year ended September 30, 2026, up 12.2% year-over-year.
- Adjusted PAT for Half Year: ₹15,963 Lakhs, a 19.0% year-over-year increase.
- Adjusted EPS for Half Year: ₹10.59.
Interim Dividend Declared
In line with its commitment to shareholder value, the Board of Directors has declared an interim dividend of ₹3.05 per equity share of face value ₹2/- for the financial year 2026-27. The record date for this dividend has been fixed as November 6, 2026. This move reflects the company’s healthy financial position and its intent to reward its shareholders.
Outlook and Strategic Initiatives
The company’s performance highlights its continued execution across strategic priorities and profitable growth. The proposed merger with ITC Infotech is progressing as per timelines, aiming to create a stronger, more capable, and relevant enterprise. Happiest Minds aims to achieve US$1 billion in annual revenue by FY28.
Source: BSE
