LatentView Analytics Ltd reported a consolidated profit after tax of Rs 42.6 crore for the October-December 2024 quarter, the company said on Friday. The city-headquartered global data analytics company recorded a profit after tax of Rs 46.5 crore during the corresponding quarter of the previous financial year. For the nine months ending December 31, 2024, consolidated profit grew to Rs 122.24 crore from Rs 113.4 crore in the year-ago period. Total income for the quarter ending December 31, 2024, rose to Rs 242.5 crore from Rs 188.6 crore in the corresponding quarter of the previous financial year. Total income for the April-December 2024 period stood at Rs 670.3 crore, compared to Rs 526.9 crore in the year-ago period. LatentView Analytics Chief Executive Officer Rajan Sethuraman, commenting on the October-December 2024 results, said, "We are pleased to announce our eighth consecutive quarter of revenue growth, with a 9 per cent quarter-on-quarter and 37.5 per cent year-on-year .
Chennai-based digital analytics consulting firm will buy remaining stake in 2 years
Adani Enterprises, Titan, Paytm and HCL Technologies and 24 others among the NSE 500 have declined over 10% in the last one month. Here are five stocks that look weaker on charts for now.
Digital analytics consulting and solutions company LatentView Analytics will pick up 70 per cent stake in Decision Point for USD 39.1 million, marking its foray into the Latin American market. Established in 2012, Decision Point is a leader in Artificial Intelligence-led Business Transformation and Revenue Growth Management (RGM) solutions, which has an employee base of over 300. Chennai-based LatentView Analytics, in a statement on Friday, said it would acquire the remaining 30 per cent stake in Decision Point over the next two years. "Decision Point's strength is in Revenue Growth Management solutions that help companies achieve sustainable and profitable growth, with data being the primary factor in this acquisition. This deal will bring 300-plus highly skilled employees into LatentView's CPG (Consumer Packaged Goods) practice and help us expand into the Latin America market," LatentView Analytics CEO Rajan Sethuraman said. Gurugram-headquartered Decision Point has over a decade
Global digital analytics consulting and solutions firm Latent View Analytics Ltd has reported a consolidated profit after tax for the quarter ending June 30, 2023, at Rs 32.85 crore, the company said on Thursday. The city-based company registered a consolidated net profit of Rs 31.47 crore during the corresponding period of last year. For the year ending March 31, 2023, the consolidated net profit stood at Rs 155.43 crore. Commenting on the financial performance, Chief Executive Officer Rajan Sethuraman 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." The consolidated total income during the quarter under review grew to Rs 165.56 crore from Rs 129.73 crore recorded in the corresponding period of last year. The consolidated total income for the year ending March 31, 2023, was at Rs 594.52 crore. "Revenue grew 23.1 per cent on a year-on-year basi
During the March quarter of FY23, Latent View's operating profit fell 3 pe cent QoQ to Rs 141.1 crore, while Ebitda margin shrank to 21.4 per cent from 29.5 per cent
Global digital analytics consulting and solutions firm LatentView Analytics Ltd has reported a profit after tax (PAT) at Rs 342 million for the quarter ending March 31, 2023, the company said on Tuesday. For the year ending March 31, 2023 the PAT grew to Rs 1,554 million, the company said. Operating revenues during the quarter under review grew by 20.1 per cent to Rs 1,411 million while for the year ending March 31, 2023 it stood at Rs 5,388 million. The Profit After Tax for FY22 includes exceptional item of Rs 226 million. Excluding exceptional item FY23 profit after tax at 45.4 per cent, the company said. Commenting on the financial performance, LatentView Analytics Chief Executive Officer Rajan Sethuraman 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 per cent on year-on-year basis for FY23. The growth was broad-based across technology, financial services.." he said. "As we move forw
Among the beaten down mid- and small-cap stocks, Paytm and Zomato can provide some relief to investors, while stocks like Metropolis Healthcare and Latent View Analytics could see further pain
3i Infotech, ACC, Aurobindo, Berger Paints, DCB Bank, GMR Infra, Indiabulls Housing, NDTV, Nykaa, Petronet, PowerGrid Corp, SAIL and Tata Power to report earnings today.
Latent View Analytics, Go Fashion, Chemplast Sanmar, Macrotech Developers (Lodha), CMS Info Systems, Sona BLW Precision Forgings and Devyani International slipped between 8% and 10%.
With the past two days' decline, the market price of Latent View Analytics has corrected 35 per cent from its 52-week high level of Rs 755 touched on November 26, 2021
From December 8, Edelweiss said there are ten issuances where the anchor lock-in is set to unravel, including FSN E-Commerce Ventures (Nykaa), FINO Payments Bank, Latent View Analytics and PB Fintech
With past two day's over 40% rally, the stock zoomed 257 per cent from its issue price of Rs 197 per share.
Latent View Analytics surged 20 per cent to Rs 586.30 today, zooming 201 per cent from its issue price of Rs 197 per share.
Latent View is a pure-play data analytics services company and functions in consulting services, data engineering, business analytics and digital solutions
In a Q&A, Raja Sethuraman talks about the company's journey since 2006, why an IPO now and the growth ahead
The stock hit a high of Rs 549 and a low of Rs 462. Market players said at higher levels HNIs rushed to book profits to recover their investment cost
Paytm shares gain 10% after sliding 37% in 2 days; MobiKwik to delay planned IPO, says CEO; Latent View Analytics lists at 169% premium
The shares of Latent View Analytics listed at Rs 530 per share on the BSE, a 169 per cent premium against the issue price of Rs 197 per share.
Shares of Latent View Analytics more than doubled in their market debut on Tuesday, signalling strong investor demand for the profit-making Indian startup