Happiest Minds Technologies Ltd.

The revenue zoomed 7.49% to Rs. 3705.80 millions for the quarter ended December 2023 as compared to Rs. 3447.60 millions during the corresponding quarter last year.A comparatively good net profit growth of 39.39% to Rs. 798.30 millions was reported for the quarter ended December 2023 compared to Rs. 572.70 millions of previous same quarter.OP of the company witnessed a marginal growth to 1178.10 millions from 867.80 millions in the same quarter last year.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202312	202212	% Var	202312	202212	% Var	202303	202203	% Var
Sales	3705.80	3447.60	7.49	10976.40	9902.20	10.85	13325.50	10335.40	28.93
Other Income	495.90	81.80	506.23	857.90	136.30	529.42	223.40	377.10	-40.76
PBIDT	1178.10	867.80	35.76	3070.90	2540.00	20.90	3431.40	2833.80	21.09
Interest	106.40	60.10	77.04	319.40	128.90	147.79	215.00	83.00	159.04
PBDT	1082.40	807.70	34.01	2762.20	2411.10	14.56	3216.40	2750.80	16.93
Depreciation	89.40	75.20	18.88	251.70	220.10	14.36	299.60	242.30	23.65
PBT	993.00	732.50	35.56	2510.50	2191.00	14.58	2916.80	2508.50	16.28
TAX	194.70	159.80	21.84	592.50	539.80	9.76	753.00	643.70	16.98
Deferred Tax	-2.00	-51.50	-96.12	-11.90	-37.00	-67.84	-35.90	43.30	-182.91
PAT	798.30	572.70	39.39	1918.00	1651.20	16.16	2163.80	1864.80	16.03
Equity	298.10	286.30	4.12	298.10	286.30	4.12	286.60	285.40	0.42
PBIDTM(%)	31.79	25.17	26.30	27.98	25.65	9.07	25.75	27.42	-6.08