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

What happened: Happiest Minds Technologies reported a 15.1% rise in net profit for the September quarter versus the prior year, with revenue up 12.5% year-on-year. Key numbers: Net profit up 15.1% year-on-year. Revenue up 12.5% year-on-year. September quarter. Why it matters: The company cited longer sales cycles and uncertain customer investment in AI solutions, and said it remains behind its revenue growth target despite a relatively good demand scenario.

Happiest Minds Technologies reported a 15.1% rise in net profit for the September quarter versus the prior year, with revenue up 12.5% year-on-year.

The company cited longer sales cycles and uncertain customer investment in AI solutions, and said it remains behind its revenue growth target despite a relatively good demand scenario.