₹187.91 crore, driven by broad-based growth across these sectors.The company posted a 27.8% year-on-year increase in its net profit to ₹34.08 crore for the September quarter.
However, on a sequential basis, net profit declined 32% due to a one-time credit for deferred taxes in the first quarter.This is the company’s first earnings after its successful initial public offering (IPO) in September that was subscribed over 150 times.“Except travel and hospitality, all other sectors showed good growth…industrial and manufacturing continued to feel some pressure," said Joseph Anantharaju, executive vice chairman, Happiest Minds.Executive chairman Ashok Soota, during the IPO in September, had said 76% of its businesses are in sectors that have not.