Latent View Analytics Q2 Results Live : Latent View Analytics declared their Q2 results on 08 Nov, 2024, showcasing a strong performance with a significant topline increase of 34.22% year-over-year. The profit also saw a respectable rise of 17.23% compared to the same quarter last year.
In comparison to the previous quarter, Latent View Analytics reported a revenue growth of 16.81% and a profit increase of 1.6%. This consistent upward trend reflects the company’s robust operational strategies.
However, the Selling, General & Administrative (SG&A) expenses rose sharply, increasing by 17.86% quarter-over-quarter and by 33.34% year-over-year. This uptick in expenses may prompt further scrutiny as the company balances growth with cost management.
The operating income also demonstrated positive momentum, increasing by 3.4% quarter-over-quarter and by 28.41% year-over-year. This suggests that the company is effectively managing its operations despite rising costs.
Earnings per share (EPS) stood at ₹1.92 for Q2, reflecting a 17.07% increase year-over-year. This metric is a positive indicator for shareholders, showcasing the company’s profitability per share.
In the past week, Latent View Analytics has delivered a 1.99% return, alongside a modest 0.13% return over the last six months and a 2.7% year-to-date return. These figures suggest a steady performance amidst market fluctuations.
Currently, Latent View Analytics holds a market capitalization of ₹9627.31 crore, with a 52-week high of ₹575 and a low of ₹407.4. The stock’s performance remains a point of interest for investors.
As of 09 Nov, 2024, out of one analyst covering the company, there is a consensus recommendation to hold the stock. This cautious stance reflects the mixed signals from the recent financial results.
Latent View Analytics Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 208.95 | 178.88 | +16.81% | 155.68 | +34.22% |
| Selling/ General/ Admin Expenses Total | 143.29 | 121.57 | +17.86% | 107.46 | +33.34% |
| Depreciation/ Amortization | 8.82 | 2.93 | +201.3% | 2.34 | +276.72% |
| Total Operating Expense | 172.42 | 143.55 | +20.11% | 127.23 | +35.51% |
| Operating Income | 36.53 | 35.33 | +3.4% | 28.45 | +28.41% |
| Net Income Before Taxes | 58.27 | 52.11 | +11.84% | 44.65 | +30.5% |
| Net Income | 39.89 | 39.26 | +1.6% | 34.02 | +17.23% |
| Diluted Normalized EPS | 1.92 | 1.88 | +2.13% | 1.64 | +17.07% |
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