Happiest Minds Q1 FY23 Key Highlights
- Consolidated Revenue up 34% and Net Profit up 41% YoY
- EBITDA Margins at 26.4% Vs 23% YoY
- Geography Wise Revenue break up in Q1 FY23
- Digital Revenue Break up in Q1 FY23
- Verticals Break up as on Q1 FY23
- Revenue Concentration
- Attrition Rate 24.4% Vs 14.7% YoY, expectation of lower number after Q2
- Goal to become $1 Billion company by FY31
- Increasing revenue guidance for FY23 as 25% and to grow at CAGR of 25% for next 5 years
- Cash and Cash Equivalent as on 30th June is Rs.670 Cr.
- 90% of customers are repeat customers, currently 211 active clients
- Key Q1 Projects Wins
Source:
Happiest Mind Investor Presentation
Happiest Mind Concall Recording