Earnings Review
Latent View Q1 PAT down 5% YoY, misses Street estimate
This story was originally published at 19:04 IST on 1 August 2026
Register to read our real-time news.Informist, Saturday, Aug. 1, 2026
Please click here to read all liners published on this story
--Latent View Apr-Jun consol PAT INR 481.25 mln vs INR 527.52 mln qtr ago
--Latent View Apr-Jun consol revenue INR 2.87 bln vs INR 2.89 bln qtr ago
--Latent View Q1 consol adjusted EBITDA INR 586 mln vs INR 695 mln qtr ago
--Latent View Apr-Jun consol adjusted EBITDA margin 20.4% vs 24.1% qtr ago
--Latent View Q1 consol reported EBITDA INR 567 mln vs INR 675 mln qtr ago
--Latent View Apr-Jun consol reported EBITDA margin 19.8% vs 23.4% qtr ago
--Latent View Apr-Jun last 12-mo attrition 25% vs 24% qtr ago
--Latent View Apr-Jun revenue $30.3 mln, down 3.5% QoQ
By Diksha Singh
MUMBAI – Latent View Analytics Ltd. reported a consolidated net profit of INR 481.25 million for the June quarter, down 5% on year and 9% on quarter, and marginally below analysts' expectations. Analysts had expected the company to report a net profit in the range of INR 496 million and INR 534 million. In the March quarter, the company had reported a net profit of INR 527.52 million.
The company's consolidated revenue from operations were INR 2.87 billion, slightly down from INR 2.89 billion reported in the March quarter. Analysts had expected net sales of the company to be between INR 2.91 billion and INR 3.00 billion. The company's other income was INR 212 million, sequentially up 32%. The total expenses grew 4% sequentially to INR 2.43 billion.
The company's total income reported for the June quarter is slightly up on quarter to INR 3.08 billion. The employee benefits expense has increased to INR 1.97 billion, up nearly 3% on the quarter. The other expenses reported by the company rose 14% on quarter to INR 332 million.
Latent View Analytics' adjusted earnings before interest, tax, depreciation, and amortisation for the June quarter was INR 586 million, down 16% from INR 695 million it reported in the previous quarter. The company's consolidated adjusted EBITDA margin contracted to 20.4% from 24.1% in the previous quarter. The company reported a consolidated EBITDA of INR 567 million for the June quarter, compared to INR 675 million a quarter ago. The EBITDA was impacted by annual wage hikes effective from Apr. 1, along with seasonally higher visa and marketing costs, Rajan Venkastesan, chief financial officer, said in a release.
In dollar terms, the company reported revenue of $30.3 million for the June quarter, down 3.5% on the quarter. On a yearly basis, the dollar revenue has increased by 10%. The company's revenue from North America contributes 90% of the revenue. Europe and the UK contributed 2% of the revenue and the rest of the world contributed 8% of the total revenue.
Clients of over five years generated 69% of the revenue for the company in the June quarter, while clients of one to five years contributed 26% of the revenue. Whereas, clients of less than one year supplied the remaining 5% of the revenue.
Friday, the company's shares closed nearly 2% higher at INR 316.20 apiece on the National Stock Exchange. End
Edited by Deepshikha Bhardwaj
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
