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Latent View Analytics : Q1 2024 Financial Quarterly Report : YoY Sales Up 21.13 %, QoQ Up 4.22 %

July 26, 2024July 26, 2024| adminadmin| 0 Comments| 5:15 pm
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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 21.13 % in the past year, substantial increase in net sales/revenue by 4.22 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -2.57 %, Marginal increase in other income during this quarter, up by 10.24%.
  • Profit over the Year and quarter: Significant improvement in profitability for Latent View Analytics Limited. Notable increase of 18.46 % in net profit Year to Year, Latent View Analytics Limited’s profitability dropped by -13.95 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 18.13 % Year to Year. EPS decreased by -14.09 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Latent View Analytics Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 147.676 Cr Rs. 171.639 Cr Rs. 178.88 Cr + 4.22 % + 21.13 %
Expenses Rs. 119.6 Cr Rs. 131.25 Cr Rs. 140.62 Cr + 7.14 % + 17.58 %
Operating Profit Rs. 28.08 Cr Rs. 40.39 Cr Rs. 38.26 Cr -5.27 % + 36.25 %
OPM % 19.01 % 23.53 % 21.39 % -2.14 % + 2.38 %
Other Income Rs. 17.892 Cr Rs. 15.814 Cr Rs. 17.433 Cr + 10.24 % -2.57 %
Interest Rs. 0.8 Cr Rs. 0.72 Cr Rs. 0.66 Cr -8.33 % -17.5 %
Depreciation Rs. 2.37 Cr Rs. 2.45 Cr Rs. 2.93 Cr + 19.59 % + 23.63 %
Profit before tax Rs. 42.8 Cr Rs. 53.03 Cr Rs. 52.1 Cr -1.75 % + 21.73 %
Tax % 23.21 % 14.69 % 25.29 % + 10.6 % + 2.08 %
Net Profit Rs. 32.86 Cr Rs. 45.24 Cr Rs. 38.93 Cr -13.95 % + 18.47 %
EPS in Rs Rs. 1.59 Rs. 2.18 Rs. 1.88 -13.76 % + 18.24 %


Today, we’re looking at Latent View Analytics Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 21.13 %. However, it did see a marginal increase of 4.22 % from the previous quarter. Expenses ticked up slightly by 7.14 % quarter-on-quarter, aligning with the annual rise of 17.58 %. Operating profit, while up 36.25 % compared to last year, faced a quarter-on-quarter dip of -5.27 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.38 %, but a shrinkage of -2.14 % sequentially. Other income rose by 10.24 % compared to the last quarter, despite an annual decline of -2.57 %. Interest expenses dropped significantly by -8.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -17.5 %. Depreciation costs climbed by 19.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.63 %. Profit before tax grew annually by 21.73 % but saw a reduction from the preceding quarter by -1.75 %.
Tax expenses as a percentage of profits increased slightly by 2.08 % compared to last year, with a more notable quarter-on-quarter increase of 10.6 %. Net profit rose by 18.47 % year-on-year but witnessed a -13.95 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 18.24 % but a quarterly fall of -13.76 %. 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. 147.676 Cr Rs. 171.639 Cr Rs. 178.88 Cr + 4.22 % + 21.13 %
Expenses Rs. 119.6 Cr Rs. 131.25 Cr Rs. 140.62 Cr + 7.14 % + 17.58 %
Operating Profit Rs. 28.08 Cr Rs. 40.39 Cr Rs. 38.26 Cr -5.27 % + 36.25 %
Net Profit Rs. 32.86 Cr Rs. 45.24 Cr Rs. 38.93 Cr -13.95 % + 18.47 %
EPS in Rs Rs. 1.59 Rs. 2.18 Rs. 1.88 -13.76 % + 18.24 %


In reviewing Latent View Analytics Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.13 % year-on-year growth, however, there was a minor increase of 4.22 % from the previous quarter. Expenses rose by 17.58 % compared to the previous year, with a 7.14 % increase quarter-on-quarter. Operating Profit surged by 36.25 % annually, and saw a -5.27 % decrease from the last quarter.
Net Profit showed yearly increase of 18.47 %, and experienced a -13.95 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 18.24 % annually, however dipped by -13.76 % compared to the last quarter. In essence, while Latent View Analytics Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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