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Happiest Minds Q4 Profit Drops 53% Despite Soaring Revenue

  • Happiest Minds reported a 30.5% increase in revenue to ₹544.57 crore in Q4 FY25 due to strong deal momentum in healthcare and BFSI verticals.
  • Despite revenue growth, net profit for the quarter declined by 52.76% to ₹34 crore primarily because of a one-time bad debt and investments in growth areas.
  • For the full fiscal year, Happiest Minds recorded a revenue increase of 26.85% to ₹2,060.84 crore, while net profit decreased by 25.66% to ₹184.66 crore compared to the previous year.
  • The company's strategic initiatives and investments in GenAI position them for strong double-digit organic growth in FY26. The vertical structure change has accelerated growth in verticals like Healthcare and BFSI.

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