Latent View Analytics Q4 Results Live : profit rise by 32.24% YOY

Latent View Analytics Q4 Results Live : Latent View Analytics announced their Q4 results on 07 May, 2024, showcasing a significant growth in both revenue and profit compared to the previous year. The company's topline increased by 21.68% year-over-year, while the profit saw a substantial rise of 32.24% year-over-year.

The quarterly results also revealed a 3.59% growth in revenue from the previous quarter, although there was a slight decrease of 2.77% in profit. The Selling, general & administrative expenses rose by 2.3% quarter-on-quarter and increased by 22.97% year-on-year.

Moreover, the operating income showed positive growth, with a 10.66% increase quarter-on-quarter and a significant 36.02% increase year-on-year. The earnings per share (EPS) for Q4 stood at ₹2.18, marking a 29.87% year-on-year growth.

Despite a -4.6% return in the last week, Latent View Analytics has delivered impressive returns of 14.88% in the last 6 months and 3.99% year-to-date. The company currently boasts a market capitalization of ₹9743.38 Cr, with a 52-week high/low of ₹567.1 & ₹321.9 respectively.

As of 09 May, 2024, out of 1 analysts covering the company, 1 analyst has given a Strong Buy rating. The consensus recommendation as of the same date was also to Strong Buy, reflecting positive sentiment towards Latent View Analytics post their Q4 results.