Latent View Analytics Q2 net rises marginally

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Latent View Analytics Q2 net rises marginally


Latent View Analytics Ltd.’s standalone net revenue for the September quarter rose a tad to ₹26.30 crore from ₹25.80 crore.

Revenue from operations grew to ₹72 crore from ₹65 crore, the worldwide digital analytics firm mentioned in an announcement.

“Despite the uncertain macroeconomic environment, quarterly revenue from operations grew 5.4% and 17.6% on a sequential and YoY basis, respectively. We are happy to report positive traction for our value-led offerings, and in the European region, during the quarter,” mentioned CEO Rajan Sethuraman.

CFO Rajan Venkatesan mentioned that their focus is now on driving sturdy execution and development. Cash and investments (excluding proceeds from the IPO) stood at ₹906 crore. The firm reported closing headcount of 1,146 and had welcomed 84 campus hirings in the course of the quarter.



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