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CA. Hardik Kachchava

25th Oct · SEBI-Registered Analyst

Latent View Analytics Q2 FY26 Performance Review & Strategic Outlook

LATENTVIEW
The company achieved consolidated Revenue of ₹257.5 crore, marking a robust sequential (QoQ) growth of 9% over the ₹236 crore reported in the June 2025 quarter. This performance aligns with our strong long-term trajectory, reflecting a 23.2% year-on-year (YoY) revenue increase. Operational efficiency remains a core strength. EBITDA increased 11% sequentially to ₹56 crore, up from ₹50.4 crore in Q1. This operational leverage resulted in an expansion of the Operating Margin, which improved to 21.75% from 21.36% in the preceding quarter. Net Profit for the quarter stood at ₹44 crore. While this represents a 14% sequential decline from ₹51 crore, the company maintained healthy profitability on a year-on-year basis, with net profit rising 14.6%. The sequential profit moderation is viewed alongside the positive expansion in operational margins and strong EBITDA growth. Business Drivers & Strategic Developments Growth during the quarter was led by exceptional performance in our key verticals: Financial Services: This practice was the primary growth engine, delivering an outstanding 94% YoY and 29.9% QoQ expansion. CPG and Retail: This segment also demonstrated significant strength, growing 23% YoY, supported by new client acquisitions and strong execution. Our strategic initiatives are yielding tangible results. Continued investments in AI, advanced data engineering, and our Databricks practice are enhancing operational efficiencies and contributing directly to margin expansion. During the quarter, Latent View secured several new, high-value projects in advanced forecasting, pricing analytics, and data pipeline development for clients across the manufacturing, retail, and healthcare industries. Our global talent base expanded to over 1,650 employees as of September 30, 2025.

#FundamentalViews#Post-ClosingCommentary#Budget2025#HiddenGems#EquityResearch
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