EL7.AI
StocksMedium•1 November 2026•
3 min read

LatentView revenue rises 14.2% to 2,941 million rupees in second quarter

Key Facts

1Operating revenue was 2,941 million rupees, up 14.2% year on year and 2.5% quarter on quarter.
2Net profit was 485 million rupees, up 6.1% year on year and 2.9% quarter on quarter.
3Adjusted EBITDA margin was 20.7%, down 1.9 percentage points year on year.
4Gross margin fell to 45.3% from 48.0% in the previous quarter.
5Industries and others grew 21.4% quarter on quarter, while technology contracted 0.3%.

LatentView Analytics reported results on Oct. 31 for the second quarter of fiscal 2027, ended Sept. 30, with operating revenue of 2,941 million rupees, up 14.2% year on year and 2.5% quarter on quarter. Net profit rose to 485 million rupees, up 6.1% year on year and 2.9% quarter on quarter. Basic earnings per share were 2.35 rupees, up 9.3% year on year. The results show revenue growing faster than profit, alongside a year-on-year decline in adjusted EBITDA margin. The margin was 20.7% in the quarter, up 0.2 percentage points from the previous quarter but 1.9 percentage points below its level a year earlier.

Adjusted EBITDA was 608 million rupees, up 4.8% year on year and 3.7% quarter on quarter. The quarterly increase put the adjusted margin at 20.7%, compared with 20.4% in the first quarter of fiscal 2027. Year on year, the margin declined from 22.5% in the second quarter of fiscal 2026. The company said the adjusted margin remained stable despite companywide wage increases that took effect in July. It added that it is focusing on operational efficiency and capital-allocation discipline to preserve profitability.

By contrast, gross margin fell to 45.3% in the second quarter, from 48.0% in the first quarter of fiscal 2027. The company attributed the decline to execution-intensive projects near client sites and the impact of wage increases. The drop provides a direct explanation for pressure on overall profitability during the quarter, as total revenue grew 2.5% quarter on quarter. The chief financial officer said the adjusted margin had stabilized despite companywide wage increases that began in July. The company said operational efficiency and capital-allocation discipline were among its priorities for preserving profitability.

Segment growth varied quarter on quarter, with industries and others recording the largest increase, at 21.4%. Financial services revenue rose 3.5%, while retail and consumer goods revenue increased 2.7%. Technology, by contrast, contracted 0.3% during the quarter. The chief executive said dollar revenue rose 2% quarter on quarter. She said economic sentiment and headwinds in the technology sector could have a short-term impact on performance.

The company said it had won projects with a global e-commerce marketplace aimed at improving delivery forecasts and execution efficiency, as well as supporting product decisions with artificial intelligence. It said it had other projects across multiple sectors. On strategy, LatentView identified three priorities for the next three years: data engineering in partnership with Databricks, deepening relationships with high-value clients, and integrating artificial intelligence into business operations. These priorities also include investing in employee skills development. The second-quarter results conference is scheduled for Nov. 2, 2026, at 09:00 India time.