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Happiest Minds Technologies Limited

CIN of the Co. L72900KA2011PLC057931

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From the Desk of Our Leaders

At Happiest Minds, we believe that professional success is a byproduct of personal well-being. Our 7C Culture framework ensures that while you solve complex global challenges, you remain grounded, supported, and inspired.

Note from the Chairman & Chief Mentor

“With AI First. Agile Always., we have launched AI First as our 11th strategic transformation, supported by 11 strategic programs that together define how Happiest Minds will build, deliver, and scale value in an AI-driven world. We have already made considerable progress across several of these programs, and we expect this momentum to accelerate the growth of Happiest Minds. This is clearly visible in how AI is being operationalized across our company and for our clients. I would also like to take cognisance of a recent AI-related announcement that has created some turbulence in global markets for software companies. I want to assert that this development represents an opportunity, not a threat, for Happiest Minds and, we believe, for other IT services companies as well.”

Note from the Co-Chairman & CEO

“Happiest Minds has embraced becoming India’s leading AI First customer-centric digital engineering and Mindful IT company, helping clients to transition and succeed in an AI-competitive world. AI First also aligns with our customers’ shift from using AI at the edges to making it the core of their business strategy. We are excited about the scale and depth of impact towards improving productivity and delivering value to our customers. We believe that AgenticAI approach using a Hybrid Coding paradigm – Coding Agents and Human Developers – presents a huge untapped opportunity of modernizing applications and platforms that customers were shying away from because of lack of business logic understanding and the risk this posed while also getting huge productivity enhancements. We are in discussion with several customer and PE firms and their portcos to help address their tech debt in a cost-efficient and risk-free manner.”

Note from the Managing Director

“We continue to deliver healthy revenue growth and operating and EBITDA margins in line with our commitments. I would like to draw your attention to the adjusted PAT, which, excluding non-cash acquisition costs and the one-time wage code charge, stood at 11.6% in the quarter, compared to 11.0% in the previous quarter. Supported by robust cash flows and a steadfast focus on long-term value creation through our AI First approach, we remain well positioned to drive sustainable growth, profitability, and returns for our stakeholders. We plan to double down on our AI/GenAI investments and build a dedicated 1,000+ team by end of FY27.”

Have More Questions?

Contact Our Investor Relations

For Queries on your Shares

Mr. Praveen Kumar Darshankar

Head of Legal, Company Secretary and Compliance Officer

Registrar and Share Transfer Agent

KFin Technologies Ltd.

Selenium Tower B, Plot 31-32, Gachibowli,
Financial District, Nanakramguda, Hyderabad- 500 032

Nodal Officer Contact Details

Mr. Praveen Kumar Darshankar

Head of Legal, Company Secretary and Compliance Officer

For Queries on Results/Management Meetings

Ms. Priyanka Sharma

Head of Investor Relations | Corporate Development

Authorised KMP for Determining Materiality

Mr. Venkatraman Narayanan

Managing Director

Mr. Anand Balakrishanan

Chief Financial Officer

Mr. Praveen Kumar Darshankar

Head of Legal, Company Secretary and Compliance Officer

Debenture Trustee

VISTRA ITCL (INDIA) LIMITED

IL&FS Financial Centre, Plot No. C-22, G Block,
Bandra Kurla Complex, Bandra (East),
Mumbai 400 051, India

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