Happiest Minds' PAT grows 33.70% y-o-y in Q2FY23

21 Oct 2022 , 09:44 AM

Happiest Minds Technologies Limited announced its consolidated results for the second quarter ended September 30, 2022, as approved by its Board of Directors.

The company reported a total income of Rs35,933 lakh in Q2FY23, up by 31.1% yoy and 8.9% sequentially.

It reported an EBITDA of Rs9,434 lakh in Q2FY23, registering a growth of 33.70% yoy and 5.4% QoQ.

Company’s PAT during the quarter under review stood at Rs5,941 lakh, clocking a growth of 33.70% yoy, and 5.4% over the last quarter.

Further, for H1FY23, the company logged a total income of Rs68,929 lakh, up by 30.50% yoy. It reported an EBITDA of Rs18,209 lakh which registered a growth of 33.60% on a yoy basis. While PAT grew by 44.4% yoy at Rs11,575 lakh.

The Company’s Board of Directors announced an interim dividend of Rs2 per equity share of face value Rs2 for the fiscal year 2022-23, at their meeting on October 20, 2022.

The record date for the interim dividend has been set on November 3, 2022, and the dividend will be paid on or after November 15, 2022.

At around 9.47 AM, Happiest Minds Technologies was trading at Rs1,009.80 per piece, up by 0.13% from its previous closing of Rs1,008.50 on the BSE. The scrip opened at Rs1,017.30 and touched intraday high and low of Rs1,027.80 and Rs1,008.90 respectively.

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