Happiest Minds Technologies, Bengaluru-based digital solutions company with expertise in product and digital engineering, posted robust Q2 FY26 performance with ongoing natural growth and impressive client acquisitions. The board meeting of the company held today on October 28, 2025, approved its second-quarter financial results for the period up to September 30, 2025.
Happiest Minds Q2 Results: Key Financial Highlights
- The firm reported consolidated net sales of ₹579.93 crore in Q2 FY26, a modest growth of 1.65% over the last quarter’s ₹570.52 crore.
- EBITDA grew strongly, increasing by 27.01% QoQ to ₹124.05 crore.
- Net profit grew impressively by 68.03% QoQ to ₹57.13 crore, indicating improved operational efficiencies and cost control.
The share price fluctuated around ₹516 on the day of the announcement, indicating consistent investor confidence.
Happiest Minds Q2 Results: Strategic Growth Drivers
Happiest Minds keeps focusing on the growing digital transformation space driven by generative AI investments and acquisitions like PureSoftware and Aureus that strengthened its footprint in insurance, reinsurance, and healthcare industries of APAC and Africa. The establishment of a specialised Gen-AI Business Unit (GBS) into six industry groups reflect the company’s focus on building scale in innovative services.
Happiest Minds Q2 Results: Expert Opinions and Market Sentiment
Industry analysts are optimistic, with Happiest Minds’ execution in high-growth verticals in the face of macroeconomic headwinds globally being a matter of concern. The management’s optimistic growth guidance for the remainder of FY26 amidst a robust client pipeline is viewed as a positive.
Brokerages have a “Buy” recommendation, backed by projections of double-digit revenue growth fuelled by AI adoption and product engineering services. Improvement in operating margin is expected in future quarters after recent wage inflation and strategic hire expenses.
Happiest Minds Q2 Results: Outlook
Happiest Minds envisions strong H2 growth underpinned by growing AI-led demand, global business development, and sustained enhancements in operating leverage. With a focus on high-margin businesses and an asset-light business model, the firm plans to touch USD 1 billion revenue by FY31, which would suggest a CAGR of around 27% from where it stands today.
In total, Happiest Minds’ Q2 FY26 results show strong revenue growth, outstanding profit increases, and AI and new markets strategic investments setting the stage for strong long-term growth opportunities even in the face of near-term margin challenge.
