Happiest Minds Technologies Ltd's Q4FY25 Quarter Results
- 14 May 2025
Result Summary
- Happiest Minds Technologies Ltd reported a 20.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.5%.
- Its expenses for the quarter were down by 25.9% QoQ and up 16.8% YoY.
- The net profit increased 43.7% QoQ and increased 24.8% YoY.
- The earnings per share (EPS) of Happiest Minds Technologies Ltd stood at 4.8 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 442.50 | 553.77 | 386.43 | -20.1% | 14.5% |
Total Expenses | 359.30 | 484.83 | 307.50 | -25.9% | 16.8% |
Profit Before Tax | 96.15 | 68.94 | 78.93 | 39.5% | 21.8% |
Tax | 24.17 | 18.84 | 21.27 | 28.3% | 13.6% |
Profit After Tax | 71.98 | 50.10 | 57.66 | 43.7% | 24.8% |
Earnings Per Share | 4.80 | 3.30 | 4.00 | 45.5% | 20.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Happiest Minds Technologies Ltd is a digital transformation and technology solutions company. It operates within the IT services industry, providing services such as digital business, product engineering, infrastructure management, and security solutions. With a focus on digital transformation, the company offers a range of services including cloud computing, artificial intelligence, Internet of Things (IoT), and analytics. In recent developments, the company has been focusing on expanding its digital capabilities and enhancing its service offerings to cater to the growing demand for digital transformation across various sectors. As of the information available up to October 2023, Happiest Minds Technologies has been recognized for its agility and innovation in delivering digital solutions.
Revenue
In the fourth quarter of fiscal year 2025 (Q4FY25), Happiest Minds Technologies Ltd reported a total income of ₹442.50 crores. This marks a decrease of 20.1% compared to the previous quarter (Q3FY25), where the total income was ₹553.77 crores. However, when compared to the same quarter of the previous year (Q4FY24), the total income increased by 14.5% from ₹386.43 crores. This growth in revenue on a year-over-year basis suggests a positive performance in generating income from its digital services offerings over the past year. The decline in quarter-over-quarter revenue might be attributed to seasonal variations or other factors affecting the company's sales during Q4FY25.
Profitability
Happiest Minds Technologies Ltd reported a Profit Before Tax (PBT) of ₹96.15 crores in Q4FY25, reflecting a significant increase of 39.5% from the previous quarter's PBT of ₹68.94 crores. Year-over-year, the PBT grew by 21.8% from ₹78.93 crores in Q4FY24. The Profit After Tax (PAT) for Q4FY25 was ₹71.98 crores, up by 43.7% quarter-over-quarter from ₹50.10 crores in Q3FY25 and by 24.8% year-over-year from ₹57.66 crores in Q4FY24. The earnings per share (EPS) also increased to ₹4.80 in Q4FY25, a rise of 45.5% QoQ and 20.0% YoY. The improved profitability metrics indicate a strong performance in terms of cost management and revenue generation relative to both the previous quarter and the same quarter last year.
Operating Metrics
Total expenses for Happiest Minds Technologies Ltd in Q4FY25 amounted to ₹359.30 crores, which represents a decrease of 25.9% from the previous quarter's expenses of ₹484.83 crores. Compared to the same quarter in the previous year, total expenses increased by 16.8% from ₹307.50 crores. The reduction in quarter-over-quarter expenses suggests effective cost management strategies during Q4FY25. Meanwhile, the tax expenses rose by 28.3% QoQ to ₹24.17 crores from ₹18.84 crores in Q3FY25, and by 13.6% YoY from ₹21.27 crores in Q4FY24. These changes in operational expenses and tax liabilities reflect the company's financial management dynamics in the given quarter.
