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HAPPSTMNDS Diversified 28 Jan 2026

Happiest Minds Technologies Limited — Q3 FY26

Happiest Minds reported Q3 FY26 revenue of INR 588 Cr, up 10.7% YoY, with EBITDA margin of 20.4% (up 20 bps QoQ).

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Revenue ₹588 Cr +10.7%
EBITDA ₹123 Cr
PAT ₹40 Cr
EBITDA Margin 20.4% +20bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter1
Delivered0
Missed1

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY26

EBITDA margin guidance maintained at 20%-22% for FY26

Management reiterated its aspiration to sustain EBITDA margins in the 20%-22% range for FY 2026.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

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