Happiest Minds Technologies Revenue History — Quarter by Quarter

Happiest Minds Technologies's revenue moved from ₹391 Cr in Q1 FY24 to ₹588 Cr in Q3 FY26, a 50.4% change over 10 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q3 FY26	₹588 Cr	+10.7%
Q2 FY26	₹574 Cr	+10%
Q1 FY26	₹550 Cr	+18.5%
Q3 FY25	₹531 Cr	+27.5%
Q2 FY25	₹522 Cr	+28%
Q1 FY25	₹464 Cr	+20.6%
Q4 FY24	₹417 Cr	+14.5%
Q3 FY24	₹410 Cr	+11.7%
Q2 FY24	₹407 Cr	+19.3%
Q1 FY24	₹391 Cr	—

What management said about revenue

Q3 FY26 · 10%+ constant currency revenue growth for FY26

Management reaffirmed the commitment to deliver 10%+ revenue growth in constant currency for the current financial year.

Q3 FY26 · Significant increase in growth guidance at Q4 results

Management expects to announce a significant increase in the growth guidance (above the 10% committed) when Q4 results are released.

Q3 FY26 · Grow AI/Gen AI team to 1,000 by end of FY27

The company plans to scale its AI and Gen AI team to 1,000 employees by the end of FY2027.

Q2 FY26 · Double-digit revenue growth commitment extended to four consecutive years through FY28

Management raised its commitment from three to four consecutive years of double-digit revenue growth in constant currency, through FY 2028.

Q2 FY26 · GBS replicable solutions revenue potential of $15M over 3-4 years

22 replicable AI use cases in GBS represent a revenue potential of nearly $15 million over the next three to four years.

Q2 FY26 · Net new logos expected to yield $50-60M over 3-4 years

The 30 new clients added in H1 are expected to generate $50-60 million in revenue over the next three to four years.

Q1 FY26 · Double-digit constant currency growth for FY26

Management expects to deliver double-digit growth in constant currency for the full fiscal year, with H2 expected to be stronger than H1.

Q1 FY26 · ARTA platform revenue growth of 20-25% in FY26

The flagship unified banking platform ARTA is expected to grow revenues by 20-25% in the current fiscal year.

Q3 FY25 · FY25 constant currency revenue growth near 30%

Management aims to close FY25 with constant currency growth as close to 30% as possible, with Q4 expected to show strong sequential growth.

Q3 FY25 · Double-digit organic growth target for FY26

Management aims for double-digit organic growth in FY26, driven by GenAI, new sales engine, and verticalization.

Q3 FY25 · GenAI POCs to convert to revenue in FY26

Approximately 15 GenAI proof-of-concept projects are expected to convert into significant orders and projects in the next fiscal year.

Q2 FY25 · Revenue growth of 30-35% for FY25

Management reiterated full-year revenue growth guidance of 30-35%, expecting Q4 to be stronger than Q3 due to large deal closures.