Wednesday, July 29


Ashok Soota, Chairman and chief mentor, Happiest Minds Technologies

Bengaluru: Happiest Minds Technologies reported steady revenue growth, with constant-currency revenue rising 2.6% quarter-on-quarter and 6.7% year-on-year. Revenue from operations stood at $66.2 million, up 1.7% sequentially and 2.9% from a year earlier.The company said its pipeline expanded 20% sequentially, giving it confidence in sustaining growth through the year.Chairman and chief mentor Ashok Soota said artificial intelligence represents the biggest opportunity for value creation in the technology services industry rather than a threat.“Every major technology shift, right from client-server computing to cloud and digital transformation, has ultimately expanded the market for innovation and expertise. AI is no different. Rather than replacing human ingenuity, AI amplifies it, allowing our people to focus on higher-value problem solving, industry expertise and business transformation.”Co-chairman and CEO Joseph Anantharaju said:“We have opened FY27 with a solid performance, delivering revenue of Rs 629 crore and achieving 14.3% year-on-year growth. Our AI-first strategy is gaining significant traction, with strong momentum across AI and analytics, digital engineering, platforms and industry-focused solutions.”During the quarter, Happiest Minds added six clients, taking its total client base to 306. The company ended the quarter with 6,532 employees, while trailing 12-month attrition improved to 15.4% from 17% in the previous quarter.



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