Happiest Minds Technologies Q2 Results FY27: Operating Profit Up 23.14%, Revenue Rs 645.43 Cr, PAT Rs 62.19 Cr

Happiest Minds Technologies Ltd (HAPPSTMNDS) Q2 Results FY27 announced on 2 November 2026, covering the company's financial performance for the July to September quarter. The company reported consolidated revenue of Rs 645.43 Cr and PAT of Rs 62.19 Cr. The results date brought Happiest Minds Technologies Q2 Results FY27 to the NSE and BSE record, and each line is compared with the same quarter of the prior year.

This results analysis of Happiest Minds Technologies Q2 Results covers the financial highlights, the business drivers, the outlook and the risks in sequence. The Financial Highlights table comes first, showing revenue, Operating Profit and net profit beside last year's values.

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Happiest Minds Technologies Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 645.43 Cr	Rs 573.57 Cr	+12.53% YoY
Operating Profit	Rs 121.48 Cr	Rs 98.65 Cr	+23.14% YoY
Net Profit (PAT)	Rs 62.19 Cr	Rs 54.02 Cr	+15.12% YoY

Source: company filing for Happiest Minds Technologies Q2 Results FY27, 2 November 2026. Figures in Rs Crore, Consolidated basis.

Key Takeaways from Happiest Minds Technologies Q2 Results: What Stands Out

• Revenue: Revenue increased to Rs 645.43 Cr from Rs 573.57 Cr a year earlier, a YoY growth of 12.53% in the consolidated results.
• Net profit: PAT reached Rs 62.19 Cr compared with Rs 54.02 Cr, a rise of 15.12% that sits slightly above the revenue growth rate.
• Operating Profit: Operating Profit moved up to Rs 121.48 Cr from Rs 98.65 Cr, an increase of 23.14% and the largest of the three gains.
• Revenue run: Revenue has risen in each of the last four quarters, a pattern that frames Happiest Minds Technologies Q2 Results FY27 in the discussion below.
• Sequential note: Net profit was down 8.0% from Rs 67.60 Cr in the previous quarter, which the performance analysis addresses next.

Happiest Minds Technologies Q2 Results FY27: Performance Analysis

In Happiest Minds Technologies Q2 Results FY27, Happiest Minds Technologies reported consolidated revenue of Rs 645.43 Cr, Operating Profit of Rs 121.48 Cr and net profit of Rs 62.19 Cr for the July to September 2026 quarter. All three lines rose YoY, with revenue at 12.53%, Operating Profit at 23.14% and net profit at 15.12%, as the quarterly results show.

The Happiest Minds Technologies Q2 Results FY27 figures show Operating Profit growing almost twice as fast as revenue. Operating Profit gained 23.14% against a 12.53% rise in revenue, and this results analysis sets net profit, at 15.12%, between those two rates.

Readers watching Happiest Minds Technologies Q2 Results will hold the next declaration up against these numbers, since the YoY growth basis continues. The supplied data confirms the results but does not establish the specific cause, so only disclosed drivers are cited, and the results analysis now moves to the business factors.

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Key Business Factors This Quarter

Revenue Growth – The results analysis begins with revenue. The disclosed data records that revenue grew 12.5% year on year to Rs 645.43 Cr in the latest quarter, the top line within Happiest Minds Technologies Q2 Results FY27.

Net Profit Rise – Net profit rose 15.1% year on year to Rs 62.19 Cr. Among these quarterly results, that gain is a little higher than the 12.5% growth in revenue.

Four Quarters of Rising Revenue – Revenue has risen in each of the last 4 quarters, according to the disclosed data. The latest quarter continues that run, and the next section looks ahead to the full financial year.

FY27 Outlook After Happiest Minds Technologies Q2 Results

FY27 full-year results will depend on the quarters still to come and on the sector conditions disclosed in later filings. This results analysis therefore reads the July to September 2026 figures as one quarter, with net profit of Rs 62.19 Cr and revenue of Rs 645.43 Cr, and not as a full-year projection.

Upcoming declarations will show whether the YoY growth in Happiest Minds Technologies Q2 Results FY27 carries forward. Investors can follow later consolidated filings in the Univest app and the Univest Screener, and then compare them with the risks that follow.

Key Risks to Watch After Happiest Minds Technologies Q2 Results FY27

High Debt Level

Debt is high at 0.84 times total assets in FY26. A balance sheet carrying that level of borrowing is a measurable item to follow alongside each quarter of YoY growth.

Sequential Dip in Net Profit

Net profit was down 8.0% quarter on quarter from Rs 67.60 Cr. That sequential dip is the second risk after Happiest Minds Technologies Q2 Results FY27 and sits beside the YoY gain.

Lower Return on Capital Employed

Return on capital employed declined to 13.07% in FY26 from 15.24% in FY25. The drop in this return across the two years is worth tracking in upcoming filings.

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Conclusion

Happiest Minds Technologies Q2 Results FY27 show consolidated revenue of Rs 645.43 Cr and net profit of Rs 62.19 Cr for the July to September quarter. In Happiest Minds Technologies Q2 Results, revenue, Operating Profit and net profit all grew YoY, with Operating Profit up 23.14%. These consolidated results come from the 2 November 2026 filing and are the quarterly results to study; consult a SEBI-registered advisor before acting.

Frequently Asked Questions on Happiest Minds Technologies Q2 Results FY27

What are Happiest Minds Technologies Q2 Results FY27?

Ans. Happiest Minds Technologies Q2 Results FY27 cover the July to September 2026 quarter on a consolidated basis, with revenue of Rs 645.43 Cr and net profit of Rs 62.19 Cr, as shown in the Financial Highlights table.

What is the results date for Happiest Minds Technologies Q2 Results FY27?

Ans. The results date for Happiest Minds Technologies was 2 November 2026 for the July to September quarter, so the filing is only days old, and the opening paragraphs summarise it.

What revenue was reported in Happiest Minds Technologies Q2 Results FY27?

Ans. Happiest Minds Technologies reported consolidated revenue of Rs 645.43 Cr, compared with Rs 573.57 Cr in the year-ago quarter, as the Key Takeaways section and the Financial Highlights table both show.

What net profit was reported in Happiest Minds Technologies Q2 Results FY27?

Ans. Happiest Minds Technologies reported net profit of Rs 62.19 Cr, against Rs 54.02 Cr a year earlier, a movement that the Performance Analysis section sets beside the revenue figures.

How much YoY growth did revenue show in Happiest Minds Technologies Q2 Results FY27?

Ans. Happiest Minds Technologies Q2 Results FY27 show revenue up 12.53% YoY, so revenue growth sits below the 15.12% net profit rise, and the Performance Analysis section compares the headline lines.

Did net profit rise or fall in Happiest Minds Technologies Q2 Results?

Ans. Happiest Minds Technologies Q2 Results show net profit rising 15.12% to Rs 62.19 Cr from Rs 54.02 Cr, which means profit grew slightly faster than revenue, as the Performance Analysis section explains.

What was the Operating Profit in Happiest Minds Technologies Q2 Results FY27?

Ans. Happiest Minds Technologies reported Operating Profit of Rs 121.48 Cr, up 23.14% from Rs 98.65 Cr, so it grew faster than revenue, as the Financial Highlights table shows alongside other lines.

Are Happiest Minds Technologies Q2 Results consolidated results or standalone results?

Ans. Happiest Minds Technologies Q2 Results are consolidated results, so the Rs 645.43 Cr revenue and Rs 62.19 Cr net profit cover the group as a whole, as the Quick Answer box states.

What business factors shaped Happiest Minds Technologies Q2 Results FY27?

Ans. Happiest Minds Technologies Q2 Results FY27 are shaped by revenue growth of 12.5%, a net profit rise of 15.1% and revenue rising in each of the last 4 quarters, as the Key Business Factors section details.

What are the key risks after Happiest Minds Technologies Q2 Results FY27?

Ans. Happiest Minds Technologies faces three risks: debt of 0.84 times total assets, a sequential net profit dip of 8.0% and lower return on capital employed, which the Key Risks section covers.

What is the outlook after Happiest Minds Technologies Q2 Results?

Ans. Happiest Minds Technologies Q2 Results lead into an FY27 outlook that depends on the quarters still to come, so full-year results remain open, as the Outlook section explains using the Q2 base.

Where can I find the complete Happiest Minds Technologies Q2 Results FY27 data?

Ans. The complete Happiest Minds Technologies Q2 Results FY27 data sits in the Financial Highlights table above, while the Univest Screener lets readers follow Happiest Minds Technologies filings, as the Outlook section notes.