"We had talked about a growth forecast of about 30 to 35% for the year. After having said that, we've had one small surprise. We are only getting three and a half quarters of the revenues from the recently acquired companies. The first quarter we lost almost 40 days or more," Narayanan said.The company had acquired Aureus Tech Systems and PureSoftware Technologies during the first quarter of FY25.Narayanan also provided insights into the company's performance for H2. He pointed out that the third quarter typically faces challenges, including fewer working days and the impact of holidays and furloughs."This quarter we will have effectively three fewer working days than the previous quarter. In our business, each working day is worth $1.75 to $2 million. Losing two to three days of productive work means a loss of $3-4 million," he said.Further, in terms of sectoral performance, Happiest Minds sees opportunities in BFSI, healthcare, high-tech, and manufacturing. However, education technology, traditionally a strong segment, remains flattish due to a reassessment of spending priorities.

Happiest Minds sees slower FY25 revenue growth

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.