Happiest Minds Technologies Ltd - 543227 - Audio Recording Of Earnings Call For The Quarter Ended June 30, 2023
Audio recording under Regulation 46(2)(oa) fof the earnings call for the quarter ended June 30, 202309-08-2023
09-08-2023
Q1FY24 Quarterly Result Announced for Happiest Minds Technologies Ltd.
IT Consulting & Software company Happiest Minds Technologies announced Q1FY24 results: Revenue in constant currency grew by 3.5% QoQ and 13.8% YoY Operating Revenues in USD stood at USD 47.6 million (growth of 3.6% QoQ; 12.7% YoY) Total Income of Rs 40,453 lakh (growth of 4.7% QoQ; 22.6% YoY) EBITDA of Rs 10,299 lakh, 25.5% of Total Income (growth of 2.4% QoQ; 17.4% YoY) PAT of Rs 5,833 lakh (growth of 1.2% QoQ; growth of 3.5% YoY) Free cash flows of Rs 10,133 lakh EPS (diluted) for Q1FY24 of Rs 4.02 Ashok Soota, Executive Chairman, said, “We have consistently and yet again delivered industry-leading performance both on revenue growth and profitability. The highly successful run is a result of the continued acceleration of our customer’s digital journey and our ability to stay relevant to their needs. The performance wouldn’t have been possible without the commitment and dedication of our Happiest Minds team which has crossed 5,000 during the quarter. We have set a goal of achieving USD 1 Billion by 2031 and our guidance of 25% is based on the same. We remain on target for achieving the goal. In our guidance of 25%, we have not been making a distinction between organic and inorganic growth. In the current year, we have been expecting to do significant acquisitions which we have not been able to close so far. We will update our guidance target in October based on the M&A; progress.” Venkatraman N, MD & CFO, said, “I am extremely happy to report on our thirteenth quarter of 25% plus EBITDA and ahead of our guidance which is a validation of our value proposition and disciplined execution. The successful closure of our Qualified Institutions Placement(QIP) of Rs 500 crore confirms the strong investor commitment to us and our growth aspirations.” Result PDF09-08-2023
Happiest Minds Technologies Results Earnings Call for Q1FY24
Conference Call with Happiest Minds Technologies Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.09-08-2023
Happiest Minds Technologies Ltd - 543227 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation08-08-2023
Happiest Minds Technologies Ltd - 543227 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Financial Results for the quarter ended June 30, 202308-08-2023
Happiest Minds Technologies Ltd - 543227 - Board Meeting Outcome for For Approval Of Financail Results
We wish to inform that the Board of Directors of the Company at its meeting held today i.e., August 08, 2023 has approved the unaudited financial statements of the Company (both standalone and consolidated) prepared in accordance with Indian Accounting Standards (IndAS) for the quarter ended as on June 30, 2023. A copy of the said Financial Results together with Auditor's review Report are enclosed herewith.08-08-2023
Happiest Minds strengthens ServiceNow partnership, shares up
Happiest Minds aims to deliver Intelligent IT and Enterprise Service Management solutions to facilitate customers' digital transformation needs04-08-2023
Happiest Minds Technologies Ltd - 543227 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Happiest Minds leverages ELLIPSE MSP platform powered by ServiceNow to deliver Intelligent IT and Enterprise Service Management.04-08-2023