In conversation with BW Businessworld, Magellanic Cloud Global CEO Joseph Sudheer Reddy and CFO Sanjay Chauhan discuss Q1 FY25 results, growth prospects in drones, strategic acquisitions and geographic expansion plans
Read MoreIn an interview with BW Businessworld, Happiest Minds Technologies’ MD & CFO Venkatraman Narayanan and Executive Vice Chairman Joseph Anantharaju discuss company’s inorganic growth trajectory, future of BFSI vertical and 30-35 per cent growth forecast for FY25
Read MoreThe revenue for the quarter grew to Rs 463.83 crore, up from Rs 417.29 crore in Q4 FY24
Read MoreThe growth in profitability comes alongside a substantial 74 per cent rise in operating revenue, which reached Rs 4,206 crore
Read MoreThe company’s profit after tax (PAT) experienced a decline, standing at Rs 105.6 crore, a QoQ de-growth of 4.3 per cent
Read MoreIn rupee terms, revenue amounted to Rs 1,327.4 crore, a decrease of 2.6 per cent from the March quarter
Read MoreDespite this, the company’s adjusted Profit After Tax (PAT) showed a positive trend, increasing by 73 per cent year-on-year (YoY) to Rs 315 crore
Read MoreThe company’s revenue from operations climbed to Rs 3,422 crore, a 4.6 per cent year-on-year (YoY) increase and a slight 0.2 per cent growth from the previous quarter
Read MoreRevenue from operations saw a dip of 1.2 per cent YoY to Rs 13,005 crore
Read MoreThe company’s revenue also saw growth, increasing by 3.5 per cent to Rs 1,364 crore from Rs 1,317.8 crore
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