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Happiest Minds Hikes FY27 Outlook on AI Demand
10 Mar
Summary
- Revenue growth forecast for FY27 raised to 12.5%.
- AI-First strategy and demand drive updated outlook.
- Company aims for 15% growth in FY28.
Happiest Minds Technologies has raised its revenue growth expectation for fiscal year 2027 to 12.5%, an increase from the prior estimate of 10%. This upward revision is attributed to robust demand across sectors including financial services, healthcare, hi-tech, and manufacturing, as well as the company's strategic AI-First approach.
The company's confidence is further bolstered by the positive momentum, which also positions them to potentially achieve around 15% growth in fiscal year 2028. This updated outlook signifies the measurable traction gained from their AI-First strategy and broader initiatives launched in March 2025.
Initiatives like the Generative AI Business Services (GBS) unit have expanded capabilities and client acceptance. The subsequent launch of the 'AI First' initiative on February 10, 2026, signifies a commitment to reorienting the operating model around artificial intelligence for value creation.
Chairman and Chief Mentor Ashok Soota highlighted that the AI-led strategy is already yielding accelerated growth and client transformations at scale. Happiest Minds is strategically positioned for sustained leadership in the evolving AI-driven IT services landscape.
