Categories: Business

LatentView Analytics Ltd posts Q2 consolidated PAT at Rs 34 crore

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International digital analytics and consulting and options agency, LatentView Analytics Ltd has reported a consolidated revenue after tax of Rs 34 crore for the July-September quarter, the corporate stated.
The town-based firm previously generally known as Latent View Analytics Pvt Ltd had reported a consolidated revenue after tax at Rs 37.2 crore through the corresponding interval of final yr. For the half yr ending September 30, 2023 the consolidated revenue after tax was at Rs 66.8 crore as towards Rs 68.7 crore registered throughout the identical interval of final yr.

Complete revenue through the quarter below evaluation stood at Rs 172.6 crore as in comparison with Rs 141.2 crore registered throughout the identical interval of final yr. For the six-month interval ending September 30, 2023 the consolidated complete revenue grew to Rs 338.23 crore from Rs 270.97 crore registered within the corresponding interval of final yr. “Q2FY24 income from operations grew by Rs 233 million (year-on-year) and Rs 80 million (sequentially).

Working revenue grew by Rs 27 million (80 bps) in comparison with the earlier quarter on the again of development in current enterprise and environment friendly price administration,” stated firm Chief Monetary Officer Rajan Venkatesan. “With a lot of the investments behind us, our focus is now on driving robust execution and development,” he stated in a press release.

LatentView Analytics Ltd Chief Government Officer Rajan Sethuraman stated, “We’re glad to report constructive headline numbers consistent with our steering, which is an affidavit to our deep consumer relationships, steady worth addition, service excellence and unwavering dedication to our clients.” Revenues in H1FY24 grew 20.2 per cent on a year-on-year foundation consistent with the quarterly efficiency, he stated. “We’re glad to report constructive traction for our value-led choices, and within the European area, through the quarter” he added.

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Amirul

CEO OF THTBITS.com, sharing my insights with people who have the same thoughts gave me the opportunity to express what I believe in and make changes in the world.