Happiest Minds Technologies has witnessed a sharp rise in its share price, climbing almost 10% intraday and touching close to a fresh 3-month high. This surge comes amid a notable contrast in the company’s financial performance, where revenue growth remained strong even as profits declined. Let us explore the key developments around the stock.
On June 17, 2025, Happiest Minds share price surged nearly 10% to reach ₹660 on the NSE by 1:30 PM. The stock opened at ₹606.35 and has been trading near its day’s high. This strong upward movement pushed the stock to levels last seen almost 3 months ago.
For the March-ended quarter, Happiest Minds Technologies reported consolidated revenue of ₹544.5 crore, marking a 30.5% year-on-year growth compared to ₹417.2 crore in the same quarter of the previous financial year. Despite this revenue increase, the consolidated net profit saw a decline of 52.7%, falling to ₹34 crore from ₹71.9 crore in the year-ago quarter.
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For the full financial year 2025, Happiest Minds posted a net profit of ₹184.6 crore, which represents a decline of 25.6% from ₹248.3 crore recorded in FY24.
Happiest Minds Technologies is a Bengaluru-based mid-cap IT company that operates across several digital verticals. These include digital business services, infrastructure management and security, as well as product engineering services. The company also serves as an authorised partner for major global technology firms, helping to implement their solutions and create tailored offerings for enterprise clients.
Happiest Minds share price jumped 10%, touching an almost 3-month high, despite the broader market sell-off seen on June 17.
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Published on: Jun 17, 2025, 2:54 PM IST
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