Happiest Minds Q1 results show revenue up from 386.43 crores to 404.53 crores, a 4.68% increase in growth. EPS rise from ₹3.98 to ₹4.02, up by 1.01%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Happiest Minds shared its Q1 results on Tuesday. They earned 404.53 crores in revenue this quarter, but that’s more than the 386.43 crores they made last quarter. The company’s growth increased by 4.68 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 58.33 crores, up from 57.66 crores in the previous quarter. Their quarter-to-quarter growth increased by 1.16 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹4.02, which is an increase/decrease of 1.01% from the ₹3.98 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 404.53 crores this year (2023), which is 22.60 percent higher than last year’s total revenue of 329.96 crores.
This year’s PAT (Profit After Tax) is 58.33 crores, which is also 3.53% higher than last year’s PAT of 56.34 crores.
The EPS (Earnings Per Share) for this year is ₹4.02, which is 3.61% more than the EPS of ₹3.88 earned last year.
Also Read: Prestige Estates Projects Q1FY24 Results: Consolidated PAT of Rs. 266.9 Cr
Happiest Minds Technologies Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Happiest Minds Technologies:
Happiest Minds Technologies Limited delivers information technology services encompassing a spectrum of solutions. These encompass big data analytics, cloud computing, networking, engineering, digital solutions, infrastructure provisioning, and a range of managed support services. Serving a global clientele, Happiest Minds Technologies caters to customers across the world.
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