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Latent View Analytics Results: Latest Quarterly Results & Analysis

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Latent View Analytics Ltd. 27 Oct 2025 11:35 AM

Q2FY26 Quarterly Result Announced for Latent View Analytics Ltd.

Data Processing Services company Latent View Analytics announced Q2FY26 results

  • Operating Revenue: Rs 2,575 million during Q2FY26, change 23.2% YoY.
  • EBITDA: Rs 561 million during Q2FY26, change 23.9% YoY.
  • EBITDA Margin: 21.8% for Q2FY26.
  • PBT: Rs 617 million during Q2FY26, change 5.9% YoY.
  • PAT: Rs 457 million during Q2FY26, change 14.6% YoY.

Rajan Sethuraman, Chief Executive Officer, LatentView, said: "We are pleased to report the 11th consecutive quarter of revenue growth, with 9.1% sequential and 23.2% YoY expansion, reflecting the consistency and resilience of our business model. Our Financial Services practice led the growth momentum, delivering 29.9% sequential and 94% YoY growth, driven by strong client demand. Our CPG and Retail practice grew by 23% YoY, on the back of strong execution and new marquee logo wins.

Looking forward, our AI strategy remains focused on building differentiated GenAI and Agentic AI solutions to address critical enterprise challenges. Additionally, our Databricks practice continues to gain traction, with positive results from sustained investments in this channel and capability building.”

Rajan Venkatesan, Chief Financial Officer, LatentView, said: “Strong momentum continues with revenue of Rs 2,575 million and adjusted EBITDA margin of 22.5%. Margin expansion during the quarter was driven by strong operational rigor. It has been a year since the acquisition of Decision Point, and we are happy to report significant synergies in the CPG and Retail business. We are also seeing strong traction in near-shoring operations, driven by Decision Point's local presence in those markets.

For the rest of the year, our investment focus will be on R&D in our AI CoE and Databricks practice. These initiatives remain critical for sustained growth and differentiated positioning in the marketplace.”

Result PDF

Data Processing Services company Latent View Analytics announced Q1FY26 results

  • Total Operating Revenue: Rs 2,360 million, change 31.9% YoY.
  • EBITDA: Rs 504 million, change 31.7% YoY.
  • EBITDA Margin: 21.4% for Q1FY26.
  • PBT: Rs 620 million, change 18.9% YoY.
  • PBT Margin: 23.9% for Q1FY26.
  • PAT: Rs 506 million, change 29.9% YoY.
  • PAT Margin: 19.5% for Q1FY26.

Rajan Sethuraman, Chief Executive Officer, LatentView, said: "We are pleased to report our tenth consecutive quarter of revenue growth, with 1.6% sequential growth and 31.9% YoY. While growth was broad-based across verticals, we are enthused by the strong momentum in our Financial Services practice that grew 21.3% sequentially and 48.4% YoY. We are witnessing increased traction in our GenAI practice and anticipate that it will double, contributing 12-14% of our overall revenue by the end of FY26.

As we look ahead, we will continue to focus on deepening relationships with our key clients, strengthening the Databricks partnership, and building cutting-edge solutions and capabilities powered by GenAI and Agentic AI.”

Rajan Venkatesan, Chief Financial Officer, LatentView, said: “We are happy to start the fiscal year with strong momentum, reporting revenue of Rs 2,360 million and EBITDA margin of 21.4%. The reported margin for the quarter factors in the full impact of wage hikes across the group. It has been a year since we acquired Decision Point, and we continue to make strong progress on integration, particularly on the GTM initiatives, while realizing revenue and cost synergies.

For the rest of FY26, our focus will remain on driving execution excellence and allocating capital towards our defined strategic priorities to support long-term, sustainable growth.”

Result PDF

Data Processing Services company Latent View Analytics announced Q4FY25 results

  • Operating Revenue: Rs 2,322 million, change 35.3% YoY.
  • EBITDA: Rs 549 million, change 36.0% YoY.
  • EBITDA margin: 23.7% for Q4FY25.
  • PBT: Rs 623 million, change -0.7% YoY.
  • PBT margin: 24.6% for Q4FY25.
  • PAT: Rs 513 million, change -8.4% YoY.
  • PAT margin: 20.3% for Q4FY25.

Rajan Sethuraman, Chief Executive Officer, LatentView Analytics, said: "We are pleased to report our ninth consecutive quarter of revenue growth, with a 1.9% increase sequentially and a 35.3% growth on a YoY basis. This consistent performance, despite the challenging macroeconomic environment, demonstrates the strength of our business fundamentals and the depth of our client relationships.

As we enter FY26, we have outlined three strategic initiatives: First, deepening and expanding existing client relationships through targeted upselling; second, establishing an AI Centre of Excellence to deliver cutting-edge AI-driven solutions to clients; and third, accelerating growth through strategic partnerships specifically with Databricks. We believe these initiatives position us well for sustained, industry-leading growth and profitability in the years to come.”

Rajan Venkatesan, Chief Financial Officer, LatentView Analytics, said: “We have surpassed an important milestone, with FY25 revenue exceeding $100 million — a testament to our disciplined focus on sustainable and profitable growth. Since our IPO, we have delivered 142% revenue growth, demonstrating the strength of our business model and execution strategy. In Q4FY25, we reported operating revenue of Rs 232 crore, with an adjusted EBITDA margin of 24.4%. For the full year, our adjusted EBITDA margin stood at 23.7%, in line with our guided range of 23%-24%.

As we look ahead to FY26, our focus will be on strategic investments to build a future-ready organization that continues to deliver consistent, differentiated, and long-term value for all stakeholders.”

Result PDF

Data Processing Services company Latent View Analytics announced Q3FY25 results

  • Revenue: Rs 2,278 million, change 37.5% YoY & 9.0% QoQ.
  • EBITDA: Rs 503 million, change 36.7% YoY & 11.2% QoQ.
  • EBITDA margin: 22.1% for Q3FY25.
  • PBT: Rs 561 million, change -0.7% YoY & -3.7% QoQ.
  • PBT margin: 23.1% for Q3FY25.
  • PAT: Rs 426 million, change -8.4% YoY & 4.7% QoQ.
  • PAT margin: 17.6% for Q3FY25.
  • EPS: Rs 2.03 for Q3FY25.

Rajan Sethuraman, Chief Executive Officer, LatentView Analytics, said: "We are pleased to announce our 8th consecutive quarter of revenue growth, with 9.0% QoQ and 37.5% YoY increase. This strong performance was driven by momentum in consulting, GenAI projects, and new client wins. This quarter marked several significant milestones, including a USD 3.2 million engagement win, our highest value single contract with our largest client, reinforcing our strategic partnership and client centricity. Additionally, we also onboarded 9 new clients, including 3 former clients, indicating strong business momentum and improved market sentiment. During 9MFY25, we won 10 GenAI projects, and we continue to invest in building our GenAI capabilities. Notably, our financial services vertical witnessed a significant growth of 62% on a YoY basis during the quarter. As we enter FY26, we remain committed to deepening our client relationships, leverage cutting-edge technologies and capitalize emerging opportunities to drive growth momentum."

Rajan Venkatesan, Chief Financial Officer, LatentView Analytics, said: “For Q3FY25, we reported a total operating revenue of Rs 2,278 million with an adjusted EBITDA margin of 26.1%. This margin is before factoring in acquisition-related costs and non-operating forex losses (primarily associated with intra-group loans). On an adjusted basis, our EBITDA margin improved by 360bps on a QoQ basis. As on December 31, 2024, our headcount stood at 1,622 and investments remained strong at Rs 10,498 million, reflecting our financial stability and continued operational strength."

Result PDF

Data Processing Services company Latent View Analytics announced Q2FY25 results

  • Operating Revenue: Rs 2,090 million with 34.2% growth over Q2FY24.
  • EBITDA: Rs 453 million with 47% growth over Q2FY24.
  • EBITDA margin: 21.7% for Q2FY25.
  • PBT: Rs 583 million with 30.4% growth over Q2FY24.
  • PBT margin: 25.2% for Q2FY25.
  • PAT: 399 million with 17.3% growth over Q2FY24.
  • PAT margin: 17.2% for Q2FY25.
  • EPS: 1.94 for Q2FY25.

Rajan Sethuraman, Chief Executive Officer, LatentView Analytics, said: "We are pleased to announce the 7th sequential quarter of revenue growth, delivering Rs 2,090 Mn in revenue and 34.2% growth compared to Q2FY24. The acquisition of Decision Point Analytics has concluded and integration of the GTM and delivery teams is underway. LatentView is now an Elite C&SI partner with Databricks and we will invest in growing this partnership by setting up a Databricks COE and building verticalized solutions. We are pleased about the momentum in our financial services practice that grew by 59% compared to Q2FY24, driven by robust demand from existing clients.”

Rajan Venkatesan, Chief Financial Officer, LatentView Analytics, said: “For Q2FY25, we reported an operating revenue of Rs 2,090 million with an adjusted EBITDA margin (before considering transaction related costs) of 22.5%, up 110 bps compared to Q1FY25. Our headcount as on September 30, 2024 stood at 1,609 and cash and investments stood strong at Rs 10,201 million.”

Result PDF

Data Processing Services company Latent View Analytics announced Q1FY25 results:

  • Operating Revenue: Rs 1,789 million, up 4.2% QoQ and 21.1% YoY
  • EBITDA: Rs 383 million, down 5.3% QoQ and up 36.3% YoY
  • EBITDA Margin: 21.4%, compared to 21.2% in the previous quarter
  • PBT (Profit Before Tax): Rs 521 million, down 1.7% QoQ and up 21.8% YoY
  • PBT Margin: 26.5%, compared to 27.6% in the previous quarter
  • PAT (Profit After Tax): Rs 389 million, down 13.9% QoQ and up 18.5% YoY
  • PAT Margin: 19.8%, compared to 22.2% in the previous quarter
  • Basic EPS: Rs 1.89, down 14.1% QoQ and up 18.1% YoY

Commenting on the results, Rajan Sethuraman, Chief Executive Officer, LatentView Analytics, said, "We have started the fiscal year on a positive note with a strong performance. For Q1FY25, our revenue grew by 21.1% on a YoY basis and 4.2% sequentially. Our continued growth momentum is a testament to the strong execution by our team. This quarter, we added several new marquee logos and continued to strengthen our existing relationships. The integration of our recent Decision Point acquisition has been successfully completed and this will bolster our footprint in the CPG vertical and in delivering business value to our clients through RGM and Gen AI expertise. Furthermore, we rolled out salary increments for the entire team effective, April 1, 2024 and honoured all our commitments to onboard campus hires, despite the challenging macro environment.”

Rajan Venkatesan, Chief Financial Officer, LatentView Analytics, said, “For Q1FY25, we reported an operating revenue of Rs 1,789.4 million with an EBITDA margin of 21.4%, up 240 bps on YoY basis. The EBITDA margin was lower on a sequential basis owing to impact of salary increments and cyclical visa costs. With the acquisition of Decision Point completed on July 1, 2024, we have fully utilised the proceeds raised during our IPO well ahead of stated timelines. We remain committed to investing for organic and inorganic growth opportunities. As of June 30, 2024, our headcount stood at 1,261 and cash and investments (excluding IPO proceeds) remained strong at Rs 11,330 million.”

Result PDF

Data Processing Services company Latent View Analytics announced Q4FY24 & FY24 results:

Financial Highlights:

  • LatentView Analytics has reported a YoY revenue growth of 21.7% for Q4FY24 and an 18.9% increase for the full year FY24.
  • EBITDA and Margin: The company's EBITDA for Q4FY24 stood at Rs 404 million, reflecting an improved EBITDA margin of 23.5%, which is up by 130 basis points.
  • Profitability Metrics: Profit before tax (PBT) and Profit after tax (PAT) for Q4FY24 were noted at Rs 530 million and Rs 452 million respectively, marking significant YoY growth.
  • Earnings Per Share: Basic EPS for Q4FY24 experienced a slight decrease of 3.0% QoQ, but there was a 30.8% rise compared to the previous year.

Commenting on the results, Rajan Sethuraman, Chief Executive Officer, LatentView Analytics, said, "FY24 was a year of building on the growth momentum and investing for sustaining growth in the future. Revenue for the full year grew by 18.9%, despite uncertain macroeconomic indicators persisting for the majority of the fiscal. We attribute this success to our deep relationships with existing clients in the technology, industrial, and CPG verticals, reflecting their trust in our solutions. In Q4FY24, revenue witnessed a growth of 3.6% on a sequential basis and 21.7% on a YoY basis. The recent acquisition of Decision Point Analytics marks a significant milestone, which will further bolster our capabilities in the CPG vertical and open a new geography in Latin America. As we move forward, we remain dedicated to fostering innovation and delivering value to our stakeholders.”

Rajan Venkatesan, Chief Financial Officer, LatentView Analytics, said, “For Q4FY24, we reported an operating revenue of Rs 1,716.4 million and improved EBITDA margin to 23.5%, up 130bps during the quarter. This was in-line with our commitment to improve margins driven by operating leverage from revenue growth and exercising strong fiscal discipline. Our investment strategy remains steadfast, encompassing both organic and inorganic avenues for growth. The acquisition of Decision Point Analytics will be partially funded through IPO proceeds and balance from the existing cash reserves. As of March 31, 2024, our cash and investments (excluding IPO proceeds) stood strong at Rs 11,232 million.”

Result PDF

Data Processing Services company LatentView Analytics announced Q3FY24 results:

Financial Highlights:
- Operating Revenue: Reported at Rs 1,657 million, with the quarter witnessing a 6.4% sequential growth and a 14.0% YoY increase.
- EBITDA: Earnings before interest, tax, depreciation, and amortization (EBITDA) amounted to Rs 368 million, marking a 19.4% growth from the previous quarter. However, compared to the same quarter in the previous year, it decreased by 14.1%.
- EBITDA Margin: Improved to 22.2%, up from 19.8% in the previous quarter (a 242 basis points increase) but down from 29.8% year-over-year (a 726 basis points decrease).
- PBT (Profit Before Tax): Profit before tax stood at Rs 566 million, with a growth of 26.7% over the previous quarter and a decline of 8.7% YoY.
- PAT (Profit After Tax): PAT was reported at Rs 465 million, reflecting an increase of 36.7% over the previous quarter, but a YoY decrease of 11.3%.
- Basic Earnings Per Share (EPS): EPS for the quarter was Rs 2.27, showing a 36.4% increase from the previous quarter. However, when compared annually, there is a decrease of 12.9%.

Business Performance Highlights:
- Client Growth: Revenue growth was primarily driven by higher revenue from existing clients.
- Investments: Cash and investments stood at Rs 10,520 million as of December 31, 2023.
- Client Wins: Highlights include working with a large global food and beverage manufacturer using AI and ML to predict new product success rates.

Other Highlights:
- LatentView's partnership in Unilever's DataLab Ecosystem was cited, aiming to boost Unilever's in silico strategy.
- The company received certification as a Great Place to Work for 2023-24 in India.
- LatentView provided transformative analytics for various industry clients, including a major biscuit manufacturer and one of the world's largest asset administrators.
- Hosted a flagship roundtable in California focused on leveraging AI for innovation and growth.
- Appointment of two industry leaders, Angshuman Rajkhowa and Finn Raben, to its Advisory Council.


Rajan Sethuraman, CEO of LatentView Analytics, said: "We are glad to report another quarter of healthy growth and are particularly proud to cross the significant milestone of this being the first-ever quarter to achieve $20M in revenue. We are thankful for the ongoing trust and support from our clients, which has led to our sustained growth. In Q3FY24, our revenue witnessed a sequential growth of 6.4% and 14.0% on a YoY basis, primarily driven by higher revenue from existing clients. We continue to see robust momentum for our value-led offerings across geographies. We remain committed to proactively delivering strategic business outcomes through our value-proposition-led and domain-focused approach."


Rajan Venkatesan, Chief Financial Officer, said: "For Q3FY24, we reported an operating revenue of Rs 1,657 million and, despite the challenging macro-economic environment, were able to improve EBITDA margin to 22.2%, up 242 bps during the quarter. Margin expansion was driven by operational efficiency and operating leverage kicking in. On the strength of the core business and the continued momentum expected in the coming quarters, we will continue to invest for growth. Cash and Investments (excluding proceeds from the IPO) as of December 31, 2023, stood at Rs 10,520 million."

 

 

Result PDF

Data Processing Services company Latent View Analytics announced Q1FY24 results:

  • Operating Revenue of Rs 1,477 million, up 4.7% QoQ and 23.1% YoY
  • EBITDA of Rs 281 crore down 6.8% QoQ and 19.3% YoY
  • EBITDA % of 19.0% down 235 bps QoQ and 998 bps YoY
  • PBT of Rs 428 million, up 1.2% QoQ and 2.3% YoY 
  • PAT of Rs 329 million, down 3.9% QoQ and up 4.4% YoY
  • PAT % of 19.8% down 207 bps and 442 bps YoY
  • Basic EPS of Rs 1.60, down 4.50% QoQ and up 3.1% YoY

Commenting on the Q1FY24 results, Rajan Sethuraman, Chief Executive Officer, LatentView Analytics, said, “We are pleased to report another quarter of consistent growth fuelled by our continued focus on customer service excellence, execution, and investments in building capabilities. Revenue grew 23.1% on a YoY basis and 4.7% on QoQ in Q1FY24. The growth was broad-based, led by Technology, Financial Services, and CPG. In the current uncertain macroeconomic environment, the need for data-driven decision-making has become more crucial. Enterprises are grappling with challenges ranging from disruptive technologies to changing consumer behavior. This is where LatentView plays a vital role. We continue to see strong demand for our services across Consulting and Data Engineering. As we move forward, we remain committed to delivering profitable growth thus maximizing the value for our shareholders.”

Rajan Venkatesan, Chief Financial Officer, LatentView Analytics, said, “Despite macroeconomic volatility, we were able to maintain our growth momentum and reported revenue growth of 4.7% on a QoQ basis and 23.1% on a YoY basis in Q1FY24. EBITDA margin was at 19.0%, a decline of 235 bps QoQ primarily due to seasonally higher visa costs, wage hikes, and increased GTM spending in line with our commitment to building a growth engine for the future. We will continue to remain focused on strong execution and stay prudent in the allocation of capital. Our Cash and Investments (excluding proceeds from the IPO) as of June 30, 2023, stood at Rs 8,531 million.”

 

 

Result PDF

Software and Services firm Latent View Analytics announced Q4FY23 & FY23 results:

  • Q4FY23:
    • Operating Revenue: Rs 1,411 million, up 20.1% YoY
    • EBITDA: Rs 301 million, down (15.9%) YoY
    • EBITDA%: 21.4%  
    • PBT: Rs 423 million, up 5.0% YoY
    • PBT%: 27.1% 
    • PAT: Rs 342 million, down (3.9%) YoY
    • PAT%: 21.9% 
    • Basic EPS: Rs 1.68, down (6.1%) YoY
  • FY23:
    • Operating Revenue: Rs 5,388 million, up 32.1% YoY
    • EBITDA: Rs 1,451 million, up 19.0% YoY
    • EBITDA%: 26.9%
    • PBT: Rs 1,894 million, up 22.8% YoY
    • PBT%: 31.9%
    • PAT: Rs 1,554 million, up 19.9% YoY
    • PAT%: 26.1%
    • Basic EPS: Rs 7.71, up 8.8% YoY

Commenting on the FY23 results, Rajan Sethuraman, Chief Executive Officer, LatentView Analytics, said, “We are pleased to report the highest ever full-year revenue and profit margins in the history of our company. Our revenue grew at 32% on a year-on-year basis for FY23. The growth was broad-based across Technology, Financial Services, and CPG. Enterprises are increasingly relying on data-driven insights to ensure accuracy and precision in their decision-making, maximizing efficiency and competency in today's highly competitive and uncertain macroeconomic environment. This is especially true in Supply chain, Data Engineering, and Consulting services, all of which are our areas of expertise. As we move forward, we remain committed to investing in growth opportunities and expanding our capabilities. This quarter, we welcomed a Chief Growth Officer to our team and augmented our GTM team with 12 additions. We ended the year with a headcount of 1,116.”

Rajan Venkatesan, Chief Financial Officer, LatentView Analytics, said, “We were able to deliver strong growth in FY23, despite macroeconomic uncertainties. We will continue to invest and support growth initiatives and capability building that will differentiate us in the marketplace. We remain confident that our strong execution track record, prudent capital allocation, sharp value propositions based on gaps identified in the market and verticalized approach should deliver growth in the coming quarters. Our Cash and Investments (excluding proceeds from the IPO) as of March 31, 2023, stood at Rs 8,247 million”.

 

Result PDF

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