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12th Jun 2025 · SEBI-Registered Analyst

Happiest Minds Latest News

HAPPSTMNDS
Happiest Minds Technologies has announced a key leadership change, appointing Anand Balakrishnan as its new Chief Financial Officer (CFO), effective June 12, 2025. Balakrishnan brings over 20 years of experience from various financial leadership roles and will report to the company's Managing Director, Venkatraman Narayanan. This appointment follows previous apex-level organizational changes earlier in the year. The company recently declared its Q4 FY25 results (for the quarter ended March 31, 2025). While total income increased by 30.50% year-on-year to ₹544.57 crores, the net profit for the quarter saw a decline of 52.76% to ₹34 crores. For the full fiscal year FY25, Happiest Minds reported a revenue growth of 25.6% in constant currency and total income of ₹2,16,222 lakhs, with a net profit of ₹18,466 lakhs. The company added 14 new clients in Q4, bringing the total to 281, and recommended a final dividend of ₹3.5 per equity share for FY25. In terms of partnerships and technological advancements, Happiest Minds has been actively involved in Generative AI (GenAI) initiatives. Notably, they announced a partnership with Coca-Cola Beverages Vietnam in January 2025 to implement GenAI solutions aimed at improving organizational productivity and operational efficiency, leveraging Microsoft Azure OpenAI stack. They also forged a strategic partnership with Solvio in May 2024 to enhance Salesforce consulting and services.

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