Happiest Minds Technologies reports 29% fall in Q1 consolidated net profit
29th Jul 2021

Happiest Minds Technologies has reported results for first quarter ended June 30, 2021.

The company has reported a fall of 28.23% in its net profit at Rs 35.01 crore for the quarter under review as compared to Rs 48.78 crore for the same quarter in the previous year. However, total income of the company increased by 28.73% at Rs 239.68 crore for Q1FY22 as compared Rs 186.19 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 28.80% in its net profit at Rs 35.73 crore for the quarter under review as compared to Rs 50.18 crore for the same quarter in the previous year. However, total income of the company increased by 35.77% at Rs 253.87 crore for Q1FY22 as compared Rs 186.99 crore for the corresponding quarter previous year.