Latent View Analytics Limited (NSE: LATENTVIEW) reported strong financial results for Q2 FY2023 (ended September 30, 2022).
On a consolidated basis, LatentView reported operating revenues of Rs 1,324 million, up 39.7% YoY driven by broad-based growth in all verticals.
Profit after tax (PAT) came in at Rs 373 million, up 71.7% on a YoY basis. Additionally, earnings per share (EPS) were Rs 1.80, up 50% from the prior-year quarter.
Total expenses stood at Rs 979, up 37.9% YoY. The company depicted strong margins with EBITDA at Rs 373 million, up 41.1% YoY and the margin stood at 28.2%.
As of September 30, 2022, total assets stood at Rs 11,621 million compared to Rs 11,000 million as of March 31, 2022. Cash and cash equivalents including investments were Rs 6,870 million. Operating cash flow came in at Rs 489 million.