Share the post "Latent View Analytics announces Q2 results: Profit Rises by 19.6% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 34.22 % in the past year, substantial increase in net sales/revenue by 16.81 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 32.99 %. Marginal increase in other income during this quarter, up by 29.56%.
- Profit over the Year and quarter: Significant improvement in profitability for Latent View Analytics Limited. Notable increase of 19.63 % in net profit Year to Year, Latent View Analytics Limited’s profitability increased by 4.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 16.87 % Year to Year. EPS increased by 2.65 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 155.683 Cr | Rs. 178.88 Cr | Rs. 208.95 Cr | + 16.81 % | + 34.22 % |
Expenses | Rs. 124.89 Cr | Rs. 140.62 Cr | Rs. 163.67 Cr | + 16.39 % | + 31.05 % |
Operating Profit | Rs. 30.79 Cr | Rs. 38.26 Cr | Rs. 45.28 Cr | + 18.35 % | + 47.06 % |
OPM % | 19.78 % | 21.39 % | 21.67 % | + 0.28 % | + 1.89 % |
Other Income | Rs. 16.983 Cr | Rs. 17.433 Cr | Rs. 22.586 Cr | + 29.56 % | + 32.99 % |
Interest | Rs. 0.78 Cr | Rs. 0.66 Cr | Rs. 0.77 Cr | + 16.67 % | -1.28 % |
Depreciation | Rs. 2.34 Cr | Rs. 2.93 Cr | Rs. 8.82 Cr | + 201.02 % | + 276.92 % |
Profit before tax | Rs. 44.65 Cr | Rs. 52.1 Cr | Rs. 58.28 Cr | + 11.86 % | + 30.53 % |
Tax % | 23.8 % | 25.29 % | 30.15 % | + 4.86 % | + 6.35 % |
Net Profit | Rs. 34.03 Cr | Rs. 38.93 Cr | Rs. 40.7 Cr | + 4.55 % | + 19.6 % |
EPS in Rs | Rs. 1.64 | Rs. 1.88 | Rs. 1.92 | + 2.13 % | + 17.07 % |
Today, we’re looking at Latent View Analytics Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 34.22 %. However, it did see a marginal increase of 16.81 % from the previous quarter. Expenses ticked up slightly by 16.39 % quarter-on-quarter, aligning with the annual rise of 31.05 %. Operating profit, while up 47.06 % compared to last year, faced a quarter-on-quarter increase of 18.35 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.89 %, but an expansion of 0.28 % sequentially. Other income rose by 29.56 % compared to the last quarter, despite an annual growth of 32.99 %. Interest expenses surged remarkably by 16.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.28 %. Depreciation costs climbed by 201.02 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 276.92 %. Profit before tax grew annually by 30.53 % but saw an increase from the preceding quarter by 11.86 %.
Tax expenses as a percentage of profits increased slightly by 6.35 % compared to last year, with a more notable quarter-on-quarter increase of 4.86 %. Net profit rose by 19.6 % year-on-year but experienced a 4.55 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 17.07 % but a quarterly rise of 2.13 %. In summary, Latent View Analytics Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 155.683 Cr | Rs. 178.88 Cr | Rs. 208.95 Cr | + 16.81 % | + 34.22 % |
Expenses | Rs. 124.89 Cr | Rs. 140.62 Cr | Rs. 163.67 Cr | + 16.39 % | + 31.05 % |
Operating Profit | Rs. 30.79 Cr | Rs. 38.26 Cr | Rs. 45.28 Cr | + 18.35 % | + 47.06 % |
Net Profit | Rs. 34.03 Cr | Rs. 38.93 Cr | Rs. 40.7 Cr | + 4.55 % | + 19.6 % |
EPS in Rs | Rs. 1.64 | Rs. 1.88 | Rs. 1.92 | + 2.13 % | + 17.07 % |
In reviewing Latent View Analytics Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.22 % year-on-year growth, however, there was a minor increase of 16.81 % from the previous quarter. Expenses rose by 31.05 % compared to the previous year, with a 16.39 % increase quarter-on-quarter. Operating Profit surged by 47.06 % annually, and saw a 18.35 % increase from the last quarter.
Net Profit showed yearly increase of 19.6 %, and experienced a 4.55 % increase from the previous quarter. Earnings Per Share (EPS) rose by 17.07 % annually, however rose by 2.13 % compared to the last quarter. In essence, while Latent View Analytics Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”Latent View Analytics Limited”]