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Happiest Minds Technologies reports a 28.3% revenue rise but a 15.3% net profit drop in Q2.
Happiest Minds Technologies, an IT solutions provider, reported a 28.3% year-over-year revenue increase to ₹521.64 crore for the second quarter of fiscal 2025, despite a 15.3% drop in net profit to ₹49.5 crore.
The revenue growth is attributed to acquisitions and the launch of a GenAI Business Unit, though net profit was affected by higher salary expenses and investment costs.
The company's largest market is the US, accounting for 65.3% of revenue.
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Las tecnologías de las mentes más felices reportan un aumento de los ingresos del 28,3%, pero una caída neta del 15,3% en los beneficios en el segundo trimestre.