back-office Open An Account
partner-with-us Partner with Us
Corporate Actions
Latent View Analytics jumps after Q3 PAT climbs 20% YoY to Rs 50 cr

02-Feb-26   09:38 Hrs IST
Profit before tax (PBT) climbed 19.04% YoY to Rs 66.78 crore during the quarter.

Rajan Sethuraman, chief executive officer, LatentView, said, 'During the quarter, we added 6 new client logos, while renewing most of our existing contracts. Our Financial Services practice continued to be a key growth driver, witnessing sequential growth of 20.6% and reinforcing its strategic importance to our overall performance. As we enter FY27, we continue to see strong, sustained momentum in Financial Services, reflecting the deep strategic role LatentView plays in supporting our clients' short-term priorities and long-term business goals.'

2026 marks our 20th anniversary, and our commitment to turn data into impactful business decisions is as strong as ever. Looking forward, we remain focused on scaling AI and Agentic AI frameworks across the organization and strengthening our position as a trusted AI consultant and thought partner of choice for our clients.'

Rajan Venkatesan, chief financial officer, LatentView, said, 'In Q3FY26, we reported revenue of Rs 278.0 crore, witnessing sequential growth of 7.9% in rupee terms and 5.7% in dollar terms, indicating strong momentum in topline performance. The growth was primarily led by the Financial Services and Technology practices, which grew by 20.6% and 6.2%, respectively. We maintained an adjusted EBITDA margin at 23.0%, supported by operational discipline, despite the impact of one time costs. Excluding these one time items, adjusted EBITDA margin for the quarter would have been 24.6%.

Employee costs for the quarter included a one time catch up expense related to the implementation of the new labour code, with a total impact of Rs 4.6 crore at the group level. On a recurring basis, we expect this to result in an incremental impact of approximately 10-15 basis points on margins going forward. We are in the process of restructuring salary components to ensure full compliance with the new labour code and expect this exercise to be completed by March 31, 2026.'

Latent View Analytics (LatentView) is a global data analytics company. The company provides a 360-degree view of the digital consumer, enabling companies to predict new revenue streams, anticipate product trends and popularity, improve customer retention rates, and optimize investment decisions.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.