Happiest Minds Technologies Ltd.

A fair growth of 19.35% in the revenue at Rs. 3423.30 millions was reported in the March 2023 quarter as compared to Rs. 2868.20 millions during year-ago period.The Net Profit of the company registered a slight decline of -17.60% to Rs. 512.60  millions from Rs. 622.10 millions.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