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Happiest Minds Tech. - Quaterly Results

08 May 2023 Evaluate
The March 2023 quarter revenue stood at Rs. 3423.30 millions, up 19.35% as compared to Rs. 2868.20 millions during the corresponding quarter last year.The Company's Net profit for the March 2023 quarter have declined marginally to Rs. 512.60  millions as against Rs. 622.10 millions reported during the corresponding quarter ended.The company reported a good operating profit of 891.40 millions compared to 836.10 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 3423.30 2868.20 19.35 13325.50 10335.40 28.93 13325.50 10335.40 28.93
Other Income 87.10 104.20 -16.41 223.40 377.10 -40.76 223.40 377.10 -40.76
PBIDT 891.40 836.10 6.61 3431.40 2833.80 21.09 3431.40 2833.80 21.09
Interest 86.10 22.10 289.59 215.00 83.00 159.04 215.00 83.00 159.04
PBDT 805.30 874.90 -7.96 3216.40 2750.80 16.93 3216.40 2750.80 16.93
Depreciation 79.50 66.50 19.55 299.60 242.30 23.65 299.60 242.30 23.65
PBT 725.80 808.40 -10.22 2916.80 2508.50 16.28 2916.80 2508.50 16.28
TAX 213.20 186.30 14.44 753.00 643.70 16.98 753.00 643.70 16.98
Deferred Tax 1.10 9.10 -87.91 -35.90 43.30 -182.91 -35.90 43.30 -182.91
PAT 512.60 622.10 -17.60 2163.80 1864.80 16.03 2163.80 1864.80 16.03
Equity 286.60 285.40 0.42 286.60 285.40 0.42 286.60 285.40 0.42
PBIDTM(%) 26.04 29.15 -10.67 25.75 27.42 -6.08 25.75 27.42 -6.08
Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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