Happiest Minds Q2FY26 Revenue Up 8.5% YoY; Declares ₹2.75 Interim Dividend

Happiest Minds Technologies Limited announced its financial results for the quarter ended September 30, 2025, showing consistent growth across key metrics.

The company’s total income for the quarter stood at ₹59,517 lakh, up 2.6% quarter-on-quarter (QoQ) and 8.5% year-on-year (YoY). In constant currency terms, revenue grew 2.3% QoQ and 6.7% YoY, indicating stable demand across digital service lines.

Operating revenue in US dollar terms was $65.1 million, reflecting a growth of 1.2% QoQ and 4.4% YoY. The company’s EBITDA for the quarter stood at ₹12,027 lakh, accounting for 20.2% of total income, demonstrating a disciplined cost structure. Profit after tax (PAT) was ₹5,402 lakh, representing 9.1% of total income and a growth of 9.1% YoY.

Strong Half-Yearly Performance

For the half year ended September 30, 2025, Happiest Minds recorded total income of ₹1,17,510 lakh, growing 13.2% YoY. Revenue in constant currency terms increased 11.8% YoY, while operating revenue in US dollar terms stood at $129.5 million, up 9.8% YoY.

EBITDA for H1FY26 came in at ₹24,432 lakh, 20.8% of total income, maintaining healthy operating profitability. PAT stood at ₹11,115 lakh, growing 10.6% YoY. The company’s adjusted PAT, after accounting for non-cash and exceptional items, was ₹13,415 lakh, which is 11.4% of total income, with an adjusted EPS of ₹8.91.

Operational Highlights and Dividend Announcement

As of September 30, 2025, Happiest Minds had a total of 290 active clients, with 13 new client additions during the quarter, reinforcing its growth momentum and client retention strength.

The Board of Directors declared an interim dividend of ₹2.75 per equity share of face value ₹2 for FY2025-26. The record date for the dividend has been set as November 4, 2025.

Happiest Minds Share Price Performance

On October 29, 2025, Happiest Minds share price (NSE: HAPPSTMNDS) opened at ₹517.95, up from its previous close of ₹515.75. At 9:40 AM, the share price of Happiest Minds was trading at ₹516.80, up by 0.20% on the NSE.

Also Read: Studds Accessories Financial Overview: IPO Opens Tomorrow at ₹557–₹585 Price Band!

Conclusion

Happiest Minds continues to deliver stable growth and maintain profitability through its digital-first business model.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.