Happiest Minds Technologies Limited (NSE:HAPPSTMNDS)

Revenue by Segment

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017	Mar 31, 2016
Infrastructure Management & Security Services (IMSS)	3.28B	2.97B	3.07B	2.42B	1.64B
Infrastructure Management & Security Services (IMSS) Growth	10.37%	-3.09%	27.00%	47.18%	6.90%
Product and Digital Engineering Service (pdes)	16.97B	13.27B	-	-	-
Product and Digital Engineering Service (pdes) Growth	27.86%	-	-	-	-
Generative Ai Business Services (gbs)	356.20M	-	-	-	-
Product Engineering Services (PES)	-	-	6.92B	5.23B	3.96B
Product Engineering Services (PES) Growth	-	-	32.22%	31.99%	12.29%
Digital Business Service (DBS)	-	-	4.31B	3.29B	2.13B
Digital Business Service (DBS) Growth	-	-	30.96%	54.49%	11.07%
Total	20.61B	16.25B	14.29B	10.94B	7.73B
Total Growth	26.85%	13.67%	30.69%	41.41%	10.77%

Revenue by Geography

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017	Mar 31, 2016
USA	13.31B	11.43B	9.73B	7.11B	5.65B
USA Growth	16.49%	17.52%	36.70%	25.88%	4.41%
India	3.20B	2.67B	2.30B	2.06B	1.05B
India Growth	20.12%	16.04%	11.60%	96.81%	25.56%
Europe	1.68B	1.48B	1.38B	1.13B	-
Europe Growth	13.75%	6.81%	21.88%	-	-
ROW	2.41B	675.80M	888.50M	629.80M	274.90M
ROW Growth	257.19%	-23.94%	41.08%	129.10%	16.63%
UK	-	-	-	-	761.10M
UK Growth	-	-	-	-	52.16%
Total	20.61B	16.25B	14.29B	10.94B	7.73B
Total Growth	26.85%	13.67%	30.69%	41.41%	10.77%

Source: S&P Global Market Intelligence.