Happiest Minds Technologies Limited has announced its financial results for the quarter and financial year ended March 31, 2026. For the full fiscal year 2026, the company reported revenues of ₹2,315 crore, marking a 12.3% year-on-year growth. The operating profit stood at ₹401 crore, also a 12.3% increase year-on-year, with operating margins maintained at a healthy 17.4%. Adjusted Profit After Tax (PAT) was reported at ₹279 crore, an increase of 9.4% year-on-year. In the fourth quarter of FY26, revenues were ₹604 crore, showing a 10.9% year-on-year growth and a 2.8% sequential increase. The operating profit for the quarter was ₹106 crore, with operating margins at 17.5%. PAT saw a significant year-on-year growth of 79.9% and a sequential growth of 51.8%, attributed to improved operational efficiencies and stronger utilization. Operationally, the company's utilization improved to 81.4%. Happiest Minds ended the fiscal year with 306 active customers. The company highlighted continued progress in its AI First strategy, with a 27% growth in pipeline during the quarter. For FY27, Happiest Minds remains focused on profitable growth and disciplined execution, confident in achieving its growth guidance of 12.5%. The Board has recommended a final dividend of ₹3.65 per equity share. If approved by shareholders at the upcoming Annual General Meeting (AGM), the total dividend per share for FY26 will be ₹6.40.
