Bengaluru: Digital transformation specialist Happiest Minds Technologies has posted robust financial results for the quarter, with revenue rising 18.5% year-on-year to ₹549.9 crore. The company also reported significant traction in its Generative AI Business Services (GBS), which nearly doubled to ₹13.54 crore from ₹7.13 crore in the previous quarter.
The company credited its performance to strong client relationships and a growing emphasis on AI-led innovation. “As we harness the transformative power of Generative AI and deep tech, Happiest Minds remains steadfast in delivering purposeful innovation and long-term value,” said Ashok Soota, Executive Chairman and Chief Mentor.
Joseph Anantharaju, Co-Chairman and CEO, highlighted the strategic alignment of the company’s offerings: “Our differentiated capabilities in Generative AI, Data, and Cybersecurity—combined with our verticalised structure—position us as the partner of choice.”
Reinforcing confidence in the company’s direction, Managing Director Venkatraman Narayanan added, “Our unwavering focus remains on driving sustainable growth, enhancing operational efficiency, and consistently creating long-term value for our shareholders.”
With this quarter marking 20 consecutive quarters of growth, the company continues to strengthen its position as a digital-first IT services provider in an increasingly AI-driven enterprise landscape.
