Latent View Analytics Second Quarter 2023 Earnings: EPS: ₹1.86 (vs ₹2.70 in 2Q 2022)

Latent View Analytics (NSE:LATENTVIEW) Second Quarter 2023 Results

Key Financial Results

• Revenue: ₹1.32b (up 23% from 2Q 2022).
• Net income: ₹372.7m (down 25% from 2Q 2022).
• Profit margin: 28% (down from 46% in 2Q 2022).
  • The decrease in margin was driven by higher expenses.
• EPS: ₹1.86 (down from ₹2.70 in 2Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Latent View Analytics Earnings Insights

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Professional Services industry in India.

Performance of the Indian Professional Services industry.

The company's shares are up 3.0% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Latent View Analytics' balance sheet and an in-depth analysis of the company's financial position.

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