Latent View Analytics Q2 Results Live: Profit Rises by 17.23% YoY

Latent View Analytics Q2 Results Live : Latent View Analytics declared their Q2 results on 08 Nov, 2024, showcasing a strong performance with a significant topline increase of 34.22% year-over-year. The profit also saw a respectable rise of 17.23% compared to the same quarter last year.

In comparison to the previous quarter, Latent View Analytics reported a revenue growth of 16.81% and a profit increase of 1.6%. This consistent upward trend reflects the company's robust operational strategies.

However, the Selling, General & Administrative (SG&A) expenses rose sharply, increasing by 17.86% quarter-over-quarter and by 33.34% year-over-year. This uptick in expenses may prompt further scrutiny as the company balances growth with cost management.

The operating income also demonstrated positive momentum, increasing by 3.4% quarter-over-quarter and by 28.41% year-over-year. This suggests that the company is effectively managing its operations despite rising costs.

Earnings per share (EPS) stood at ₹1.92 for Q2, reflecting a 17.07% increase year-over-year. This metric is a positive indicator for shareholders, showcasing the company's profitability per share.

In the past week, Latent View Analytics has delivered a 1.99% return, alongside a modest 0.13% return over the last six months and a 2.7% year-to-date return. These figures suggest a steady performance amidst market fluctuations.

Currently, Latent View Analytics holds a market capitalization of ₹9627.31 crore, with a 52-week high of ₹575 and a low of ₹407.4. The stock's performance remains a point of interest for investors.

As of 09 Nov, 2024, out of one analyst covering the company, there is a consensus recommendation to hold the stock. This cautious stance reflects the mixed signals from the recent financial results.