Happiest Minds Technologies zooms on reporting 58% rise in Q1 consolidated net profit
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/c0f69c2484b7995292466c9d7b2d1281.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Happiest Minds Technologies is currently trading at Rs. 1002.65, up by 33.25 points or 3.43% from its previous closing of Rs. 969.40 on the BSE.
The scrip opened at Rs. 998.00 and has touched a high and low of Rs. 1032.95 and Rs. 993.85 respectively. So far 97246 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1568.00 on 15-Sep-2021 and a 52 week low of Rs. 785.55 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1032.95 and Rs. 836.00 respectively. The current market cap of the company is Rs. 14711.32 crore.
The promoters holding in the company stood at 53.25%, while Institutions and Non-Institutions held 5.42% and 41.33% respectively.
Happiest Minds Technologies has reported a rise of 50.07% in its net profit at Rs 52.54 crore for the quarter ended June 30, 2022 as compared to Rs 35.01 crore for the same quarter in the previous year. Total income of the company increased by 30.14% at Rs 311.93 crore for Q1FY23 as compared Rs 239.68 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 57.68% in its net profit at Rs 56.34 crore for the quarter ended June 30, 2022 as compared to Rs 35.73 crore for the same quarter in the previous year. Total income of the company increased by 31.07% at Rs 332.74 crore for Q1FY23 as compared Rs 253.87 crore for the corresponding quarter previous year.
![](https://portfolio.investmentguruindia.com/uploads/news/Vaishali_Jainam.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/power07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/power07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Infrastructure3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/202407063184407.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/GV_Radisson_Hotel_Group.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Sumita Dawra_Employment.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/oil and gas_45.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/power67.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/72a2208aaec5ba3e0d1bd7f77130e9b6.jpg)
Sell Happiest Minds Technologies Ltd For Target Rs. 8,00 - Geojit Financial
![Happiest Minds reports Industry leading QoQ growth of 4.7% in Total Income and maintains superior EBITDA margin of 25.5%](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/1e0e4d7d1a56716eb7b9dd1dea1d1eb7.jpg)
![Buy Happiest Minds Technologies Ltd For Target Rs. 1038 - ICICI Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/597eeccd6a7e2f29b426b064c3ece525.jpg)
![Happiest Minds Technologies recognized as a `Major Contender` for Low-Code application development services in Everest Group`s Peak Matrix 2023 assessment](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/07950858af824c01bd085f8c823d2ca1.jpg)