Happiest Minds Q2 Results: Profit rises 15% to Rs 62 crore; revenue up 12% to Rs 645 crore
ITC pursued an acquisition in a quarterly results development for FY27.
· ET Stocks, Economic Times Markets
Happiest Minds Technologies has seen a 15.12% rise in consolidated net profit for the September quarter FY27. Revenue from operations also increased by 12.5% compared to the previous year. The company announced an interim dividend of Rs 3.05 per equity share for the 2026-27 fiscal year. An exceptional charge was included in the quarter's results due to a proposed merger with ITC Infotech.
Key facts
- Period
- FY27
The analysis
ITC reported Rs 62 crore, Rs 645 crore and Rs 3.05 for FY27, with movement of 15%, 12% and 12.5% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +2.8% on the day at ₹273.90, and has returned -4.6% over three months. It sits 34% below its 52-week high, which means a good deal of bad news was already in the price. The fmcg sector has moved -7.7% over the same period, so ITC is running 3.1 points ahead of its peers.
For ITC, the question is how much of this is already reflected in the price and how much re-rates the fmcg peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
Market context
- In focus: ITC (ITC), in FMCG.
- Over three months: ITC -4.6% against FMCG -7.7% (3.1 points ahead).
- At least 25% below the 52-week high: ITC (34%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| ITCITC · FMCG | ₹273.90 | +2.8% | +7.0% | -4.6% | -33.8% | 1.4× | — |
FMCG
1M +0.2% · 3M -7.7%
ITC
Prices as of 3 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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