Happiest Minds’ Q4 net profit soars to ₹36 crore
The Hindu
Tech firm Happiest Minds reported a net profit of ₹36 crore for the quarter ended March 2021 as against ₹5.3 crore in the year-earlier period. The company reported 18.4% year-on-year increase in Q4 re
Tech firm Happiest Minds reported a net profit of ₹36 crore for the quarter ended March 2021 as against ₹5.3 crore in the year-earlier period. The company reported 18.4% year-on-year increase in Q4 revenue at ₹220.71 crore, against ₹186.35 crore last year. Full fiscal revenue stood at ₹773 crore and net profit at ₹162.46.crore, an increase of 10.8% and 126.6%, respectively, over last year.“The highlight for the year FY21 was our successful IPO,” said founder and executive chairman Ashok Soota.
Let’s take a look at some of the biggest crypto events of the year.
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In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.
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