Happiest Minds announces a new vertical organization structure comprising six new industry groups, stock up 2.5%The new industry groups are Industrial, Manufacturing and Energy & Utilities, Healthcare & Life Sciences, Retail, CPG and Logistics, Banking, Financial Services, and Insurance (BFSI), Hi-Tech and Media & Entertainment, and EdTechIT firm Happiest Minds Technologies Limited saw its stock p...

Domestic stock indices snapped their 6-day losing streak on Monday as BSE Sensex and NSE Nifty 50 rose higher. BSE Sensex closed 237 points, or 0.46 per cent, higher at 51,598 and the NSE Nifty 50 shut shop at 15,530, up 57 points or 0.37 per cent. However, on Tuesday trends on SGX Nifty was suggesting that Dalal Street might see tepid start. Nifty futures were up just 12 points or 0.08 per cent a...

New Delhi: IT firm Happiest Minds Technologies Ltd on Friday reported a 16.1 per cent jump in consolidated net profit to Rs 48.92 crore for the December 2021 quarter. The company had posted a net profit of Rs 42.15 crore in the year-ago period.Its revenue during October-December 2021 grew 47.2 per cent to Rs 283.94 crore as compared with Rs 192.84 crore in the year-ago period, a regulatory filing ...

Happiest Minds Technologies aims to bring down its dependency on the US to under-65% on a sustainable basis. “However, as the company reduces its dependency on the US for revenue, the same will go up elsewhere," as senior official said.The US is the single largest revenue head for all domestic software companies mostly because it is the most tech-savvy market with the highest adoption levels. On...

New Delhi: IT firm Happiest Minds Technologies Ltd has reported a nearly 29 per cent decline in consolidated net profit to Rs 35.73 crore in the June 2021 quarter. The company, which got listed on BSE and NSE last year, had posted a net profit of Rs 50.18 crore in the year-ago period.Its revenue, however, grew 41.4 per cent at Rs 331.52 crore in the quarter under review from Rs 234.44 crore in the...