Happiest Minds Q1 Results: Profit climbs 12% to Rs 57 crore; revenue up 18%

Revenue from operations in the quarter improved 18.5 per cent to Rs 549.9 crore, as compared to Rs 463.8 crore a year ago. Sequentially, the profit surged 67.9 per cent, but revenue rose marginally by 0.9 per cent. CEO Joseph Anantharaju attributed the momentum to the 10 strategic changes and initiatives the company outlined before the start of the fiscal year. Happiest Minds implemented 10 major changes, including leadership restructuring.