IT services firm saw its stock price rise 7% as it reported strong Q2 FY25 results, with a 34% year-over-year increase in revenue and a 20% rise in net profit.
Share Price Movement
The share price of Latent View Limited is up by 7.57 percent to Rs. 502.75 per share on Friday, an increase from its previous close of Rs. 467.35 per share. The market capitalisation now stands at approximately Rs. 10,329 crore as of November 08, 2024.
What Happened
Latent View’s strong Q2 FY25 performance, with a 34.2% YoY increase in revenue to ₹209 crore and a 17.3% rise in net profit to ₹39.9 crore, led to a 7.57% surge in its stock price to ₹502.75, boosting its market cap to around ₹10,329 crore.
Q2 Financial Highlights
According to its recent filing, in the quarter ending September 2024, Latent View Limited’s consolidated revenue from operations has increased by 34.2 percent YOY, from Rs. 156 crore in Q2 FY24 to Rs. 209 crore in Q2 FY25, and has increased by 16.8 percent QoQ from Rs. 179 crore in Q1 FY25.
The company’s consolidated net profit has increased by 17.3 percent, from Rs. 34 crore in Q2 FY24 to Rs. 39.9 crore in Q2 FY25. As compared to the last quarter of 2025, the company’s net profit is up by 2.5 percent QoQ from Rs. 38.9 crore.
The company’s EPS has increased by 15 percent from Rs. 1.66 in Q2 FY24 to Rs. 1.91 in Q2 FY25.
Also read…
Shareholding Pattern
As of the November 2024 shareholding pattern, Latent View Limited is primarily held by the promotors at 65.39 percent, foreign institutional investors hold 2.66 percent, and the public with 28.30 percent.
About Company
Founded in 2006 and headquartered in Chennai, Tamil Nadu, Latent View Analytics Ltd has established itself as a global leader in data and analytics consulting. This public limited company specialises in transforming data into actionable insights, helping clients make data-driven decisions that enhance their business strategies.
Latent View offers a range of advanced analytics services, including business insights, predictive analytics, and data engineering. Its expertise extends to building data architectures and implementing digital solutions for smoother business operations. Serving over 30 Fortune 500 companies, Latent View caters to sectors like technology, banking, financial services, insurance, consumer packaged goods, retail, and industrials.
With a strong global presence, Latent View leverages AI and machine learning to boost client growth and efficiency. Its commitment to innovation and high-quality analytics solutions ensures its reputation as a trusted partner for companies seeking impactful data solutions across diverse industries.
Written By Fazal Ul Vahab C H
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
Start Your Stock Market Journey Today!
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!
