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Happiest Minds profit down 20% on Labour Code costs

Financial Express Pune

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February 11, 2026

HAPPIEST MINDS TECHNOLOGIES on Tuesday reported a net profit of ₹40.3 crore for the third quarter, 19.56% lower than the ₹50-crore profit it posted a year ago.

- POULOMI CHATTERJEE

The drop came mainly due to a onetime charge of ₹22.03 crore from the new Labour Codes. Revenue rose by 10.69% at ₹588 crore from ₹530 crore in the same quarter last year.

On a quarterly basis, the revenue grew by 2.4% and the net profit fell by 25.4% from ₹54 crore. The earnings before interest and taxes (Ebit) was up by 11.2% at ₹85 crore compared with ₹76.5 crore q-o-q.

Financial Express Pune'den DAHA FAZLA HİKAYE

Financial Express Pune

Birla raises Vi stake via open market purchases

ADITYA BIRLA GROUP Chairman Kumar Mangalam Birla has increased his personal stake in Vodafone Idea through open market purchases.

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India seizes three tankers in first action against dark fleet

THE COAST GUARD seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on the so-called dark fleet.

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India to scrap digital tax, ease online trade rules

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Just two hours: New IT Rules trim deepfake takedown time

AI LABELLING MANDATE EASED AFTER INDUSTRY PUSHBACK

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Carlyle to invest ":2,100 crore in Edelweiss home finance arm

e Aditya Puri to make personal investment in the transaction

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Financial Express Pune

Oct-Dec joblessness at 3-quarter low of 4.8%

THE UNEMPLOYMENT RATE (UR) among persons aged 15 years and above declined to 4.8% in the October-December quarter of 2025-26, the lowest print so far in the current financial year, according to the quarterly Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation on Tuesday.

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February 11, 2026

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Titan's profit soars 61% as gold sizzles

TITAN ON TUESDAY reported a consolidated net profit of %1,684 crore for the December quarter, posting a 61% year-on-year rise in bottomline and beating Street estimates by a wide margin.

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“Personalised luxury is the new buzz”

INTERVIEW: HARDEEP SINGH BRAR, PRESIDENT & CEO, BMW GROUP INDIA

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Sebi stalls entry of NCDEX, MSE into options segment

CAUTIOUS MOVE

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Small firms steal the show

SMALL AND MID-SIZED companies have turned in a much better performance than their bigger counterparts so far this earnings season, reports Kishor Kadam.

time to read

1 min

February 11, 2026

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