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Happiest Minds Q3 profit falls 20%
Mint Chennai
|February 11, 2026
The firm Happiest Minds Technologies has reported a 19.6% decline in consolidated net profit to ₹40.3 crore for December quarter, primarily due to a onetime provision for the new labour codes, as the company pivots to an 'AI First' strategy.
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While the bottom line was weighed down by a ₹22.03 crore exceptional impact from the implementation of new labour codes, revenue from operations rose 10.69%
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