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The Economic Times

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Happiest minds Q2 net profit rises 15% as AI uncertainty weighs

Happiest Minds Technologies reported a 15.1% increase in net profit for the September quarter compared to the previous year. While revenue grew by 12.5% year-on-year, it reflects ongoing concerns over client decision-making related to artificial intelligence. The companys managing director noted the challenges of longer sales cycles and uncertain customer investments in AI solutions. Despite a relatively good demand scenario, they are still behind their revenue growth target.

4 Nov 2026 7:18 am