Happiest Minds Technologies Ltd - 543227 - Audio Recording Of Earnings Call For The Quarter Ended June 30, 2022
Pursuant to Regulation 30 and 46(2)(oa) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the Earnings Call on the financial results for the quarter ended June 30, 2022, held on Friday, July 22, 2022 is uploaded on the Company's website https://www.happiestminds.com/investors
Results Earnings Call for Q1FY23 of Happiest Minds Technologies
Conference Call with Happiest Minds Technologies Management and Analysts on Q1FY23 Performance and Outlook. Listen to the full earnings transcript. Q1FY23 Quarterly Result Announced for Happiest Minds Technologies Ltd.
IT Consulting & Software firm Happiest Minds Technologies Announced Q1FY23 Result : Happiest Minds declares Industry leading sequential growth in constant currency of 6.9%. Raises revenue guidance for FY23 to 25% and to target compounded annual growth of 25% over the next 5 years. Operating Revenues in US$ stood at $42.2 million (growth of 5.9 % QoQ; 27.4% YoY) Total Income of Rs 33,274 lakhs (growth of 7.2% QoQ; 31.1% YoY) EBITDA of Rs 8,775 lakhs, 26.4% of Total Income (growth of 7.6% QoQ; 32.7% YoY) PAT of Rs 5,634 lakhs (growth of 8.1%QoQ; 57.7% YoY) Free cash flows of Rs 8,639 lakhs EPS (diluted) for the quarter of Rs 3.88 (growth of 8.4% QoQ; 58.4% YoY) Ashok Soota, Executive Chairman, “We have started fiscal FY23 showing industry leading performance. Our 10-year vision statement is to be a billion-dollar Company by 2031. In line with this goal, based on the growth we are experiencing and continued demand for digital services, we are increasing our revenue guidance for FY 23 to 25% while targeting to grow at a CAGR of 25% over the next 5 years” Venkatraman N, MD & CFO “I am very happy with our performance for the quarter. While we make changes to our revenue guidance reflecting our confidence on our ability to perform, we continue to hold onto our EBITDA margin guidance of 22% to 24%” Result PDF Happiest Minds Technologies Ltd - 543227 - Financial Results With Auditor''s Report (With UDIN) For The Quarter Ended As On June 30, 2022
We wish to inform that the Board of Directors of the Company at its meeting held today i.e., July 21, 2022, 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, 2022. A copy of the said Financial Results together with Auditor's review Report, Investor presentation and Press release are enclosed herewith. Happiest Minds Technologies Ltd - 543227 - Announcement under Regulation 30 (LODR)-Investor Presentation
Enclosed herewith the copy of presentation being circulated to Analysts/Investors Happiest Minds Technologies Ltd - 543227 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Financial Results for the quarter ended as on June 30, 2022 Happiest Minds Technologies Ltd - 543227 - Board Meeting Outcome for Outcome Of The Board Meeting Held On July 21, 2022
We wish to inform that the Board of Directors of the Company at its meeting held today i.e., July 21, 2022, 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, 2022.
Happiest Minds buys 2.4 lakh sq ft office space for Rs 101 cr in Bengaluru
IT company Happiest Minds Technologies has purchased a fully built-up ready-to-use commercial property spread over 2.4 lakh square feet in Bengaluru for Rs 101 crore, the company said on Friday. The facility with a seating capacity of 1,600 seats is in the technology hub of Electronics City. Financially, the purchase is funded substantially through borrowings from banks at very favourable terms. The transaction is positive from a P&L perspective while adding a significant asset to our balance sheet," Happiest Minds Technologies managing director and CFO Venkatraman Narayanan said in a statement. "We have structured repayments in a manner such that cash flows are neutral in the medium and positive in the long term, Narayanan added. The facility enhances the company's seating capacity in Bengaluru by about 30 per cent and is in-line with expansion plans and objective of strengthening delivery capabilities across existing and newer locations like Bhubaneswar. Happiest Minds Technologies Ltd - 543227 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Happiest Minds purchases 2.4 lakh sq ft office space in Bengaluru Happiest Minds Technologies Ltd - 543227 - Communication To The Shareholders Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith is the copy of the communication to the shareholders of the Company by Mr. Ashok Soota, the promoter of the Company on the captioned subject, the content of which is self-explanatory.