Revised Guidance
Happiest Minds ups FY27 sales growth guidance to 12.5% on AI-First strategy
This story was originally published at 14:14 IST on 10 March 2026
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--Happiest Minds Tech ups FY27 growth expectation to 12.5% from 10?rlier
--Happiest Minds aims for 15% growth in FY28
NEW DELHI – Happiest Minds Technologies Ltd. has raised its constant-currency revenue growth guidance for 2026-27 (Apr-Mar) to 12.5% from 10% guided earlier, driven by strong traction from its AI-First strategy and a broader portfolio of strategic initiatives. The information technology services provider also said it aspires to achieve a revenue growth of 15% in FY28, it said in an exchange filing Tuesday.
"We are witnessing all-round growth led by rapid acceleration in financial services, healthcare, hi-tech, and manufacturing by robust adoption of AI. The enhanced pipeline and strong business momentum we are experiencing validates our AI First strategy and reinforces our confidence in delivering superior outcomes for clients and stakeholders," said the company's Co-Chairman and Chief Executive Officer Joseph Anantharaju in a press release.
In 2025, the company announced 10 strategic initiatives, which collectively provided the foundation for setting a revenue growth expectation of 10% in constant currency terms over a four-year horizon. Last month, the company launched AI First, its 11th strategic initiative, and said it was observing rapid acceptance of its initiatives across the client base. The company had also indicated it would evaluate client feedback, pipeline metrics, market opportunities, and the expanded scope of its AI-First offerings and provide an updated growth outlook.
Shares of the company rose 7% immediately after the announcement to INR 365.25 on the National Stock Exchange. At 1346 IST, shares of the company traded over 13% higher at INR 383.75. For the December quarter, Happiest Minds had reported a consolidated net profit of INR 403 million on revenues of INR 5.88 billion. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Shakshi Jain
Edited by Tanima Banerjee
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