Conference Call with Latent View Analytics Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
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
Conference Call with Latent View Analytics Ltd. Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
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