Happiest Minds delivers Q1 revenues of US$ 64.4 million; Growth of 2.3% q-o-q and 17.5% y-o-y in constant currency; Reports EBITDA of ₹ 124 Crores at 21.4%

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BENGALURU, India and SEATTLE and LONDON , July 29, 2025 /PRNewswire/ -- Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital. Born Agile', a digital transformation and IT solutions company, today announced its consolidated results for the First quarter ended June 30, 2025 , as approved by its Board of Directors. Ashok Soota , Chairman & Chief Mentor said, "Our strong start to Q1 FY26 underscores the continued confidence our customers place in us and the impact of our differentiated digital capabilities. As we harness the transformative power of Generative AI and deep tech, Happiest Minds remains steadfast in delivering purposeful innovation and long-term value. With a sharp focus on mindful execution, customer-centricity, and technology leadership, we are well-positioned to sustain double-digit growth for the year and have laid a foundation for achieving three consecutive years of double-digit growth." Joseph Anantharaju , Co-Chairman & CEO said,  " We have delivered a strong Q1 performance with revenues of US $64.4 Million , marking 2.3% q-o-q and 17.5% y-o-y growth in constant currency. This momentum reflects the contribution of the ten transformations we have undertaken to drive our growth. Our differentiated capabilities in Generative AI, Data, and Cybersecurity—combined with our verticalized structure—position us as the partner of choice. We remain confident in our ability to scale impact and drive sustainable growth for our clients and stakeholders." Venkatraman Narayanan , Managing Director  said , "Even as we continue to invest into AI and strengthen our sales engine, we have delivered 20 quarters of sequential growth with a robust EBITDA of 21.4%. Our unwavering focus remains on driving sustainable growth, enhancing operational efficiency, and consistently creating long-term value for our shareholders." Key Financial highlights Quarter ended June 30, 2025 Clients: Our People - Happiest Minds: Key wins: Award Wins: Analyst Mentions: For further details please refer to the Investors presentation hosted on the company website  – – Investors   section About Happiest Minds Technologies: Happiest Minds Technologies Limited (BSE: HAPPSTMNDS) (NSE: HAPPSTMNDS) is an AI-led customer-first digital engineering and Mindful IT company. With an integrated approach that spans from chip to cloud, Happiest Minds delivers secure and scalable solutions across product engineering, cybersecurity, analytics and automation platforms. Happiest Minds brings purpose and precision to every engagement, helping enterprises solve complex business challenges and fast-track their digital evolution across industry sectors such as Banking, Financial Services & Insurance (BFSI), EdTech , Healthcare & Life Sciences , Hi-Tech and Media & Entertainment , Industrial, Manufacturing , Energy & Utilities , and Retail , CPG & Logistics. Happiest Minds' innovation-led strategy is powered by deep expertise in disruptive tech including Gen AI and strategic partnerships with global technology leaders like Microsoft and AWS, along with a growing portfolio of proprietary platforms including Arttha , a unified digital payments suite designed to enable seamless and inclusive financial experiences and FuzionX Gaming Studio, a cutting-edge game development hub known for crafting immersive, high-performance gaming experiences that blend creativity with advanced technology. Happiest Minds has been honored by both the Golden Peacock Awards and the Institute of Company Secretaries of India (ICSI) for its exemplary Corporate Governance practices. Guided by its mission of  'Happiest People . Happiest Customers'  and consistently recognized as a great place to work, Happiest Minds is headquartered in Bengaluru, India , with a global presence across the Americas, UK, Europe , Australia , the Middle East , Africa , and Asia . As of June 2025 , Happiest Minds generates annualized revenues in excess of $270 million , has a people strength of over 6,500 across 43 global offices, and serves 285+ customers, including 85+ billion-dollar corporations. Safe harbor This press release contains forward-looking statements, which may involve risks and uncertainties. Actual results may differ materially from those expressed or implied due to various factors including but not limited to changes in market conditions, technological advancements, regulatory developments, and the overall economic environment. Happiest Minds undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. For more information, contact: Dr. Kiran Veigas Vice President and Head - Corporate Marketing, Branding & Communications Media Contact: [email protected]   Investors Relations: [email protected] Logo: https://mma.prnewswire.com/media/1812236/4024169/Happiest_Minds_Logo.jpg View original content: https://www.prnewswire.com/news-releases/happiest-minds-delivers-q1-revenues-of-us-64-4-million-growth-of-2-3-q-o-q-and-17-5-y-o-y-in-constant-currency-reports-ebitda-of--124-crores-at-21-4-302516287.html SOURCE Happiest Minds Technologies Limited

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