Revenues at US$ 196.1 Mn, grew 11% growth in constant currency; Beats EBITDA guidance at 24.6% Proposes final dividend of ₹ 3.25 per share; total dividend for the year of ₹ 5.75 SAN JOSE, Calif. and LONDON and BENGALURU, India, May 7, 2024 /PRNewswire/ -- Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital. Born Agile', digital transformation and IT solutions company, today announced its consolidated results for the fourth quarter and year ended March 31, 2024, as approved by its Board of Directors. Ashok Soota, Executive Chairman, said, "Happiest Minds has demonstrated resilience in achieving our financial objectives for the long term. The newly created Gen AI business unit, creation of six new Industry Groups and successful closure of two acquisitions has put us back on course towards accomplishing our long-term vision of US$ 1Bn in revenues by FY31." Financial highlights Quarter ended March 31, 2024 Revenue in constant currency grew by 1.4% q-o-q and 9.5% y-o-y Operating Revenues in US$ stood at $50.1 million (growth of 1.4% q-o-q: 9.1% y-o-y) Total Income of ₹ 44,250 lakhs (growth of 1.9% q-o-q; 14.5% y-o-y) EBITDA of ₹ 10,822 lakhs, 24.5% of Total Income (growth of 2.9% q-o-q; 7.6% y-o-y) PAT of ₹ 7,198 lakhs (growth of 20.7% q-o-q; 24.8% y-o-y) Free cash flows of ₹ 10,744 Lakhs EPS (diluted) for the quarter at ₹ 4.79 Year ended March 31, 2024 Revenue in constant currency grew by 11% y-o-y Operating Revenues in US$ stood at $196.1 million (growth of 10.3% y-o-y) Total Income of ₹ 171,003 lakhs (growth of 17.9% y-o-y) EBITDA of ₹ 42,122 lakhs, 24.6% of Total Income (growth of 10.9% y-o-y) PAT of ₹ 24,839 lakhs (growth of 7.5% y-o-y) Free cash flows of ₹ 41,069 Lakhs EPS (diluted) for the full year of ₹ 16.73 Particulars Q4 FY 24 Q3 FY 24 QoQ Q4 FY 23 YoY FY 24 FY 23 YoY Revenues 41,729 40,988 1.8 % 37,798 10.4 % 162,466 142,929 13.7 % Other Income  2,521 2,429 3.8 % 845 198.3 % 8,537 2,111 304.4 % Total Income 44,250 43,417 1.9 % 38,643 14.5 % 171,003 145,040 17.9 % EBITDA 10,822 10,519 2.9 % 10,062