Business EconomyPosted at: Jan 25 2023 4:31PM

Chennai, Jan 25 (UNI) LatentView Analytics Limited , a global digital
analytics consulting and solutions firm, has registered a ten per cent
growth in revenue in the third quarter.
Announcing the financial results for the 3rd Quarter and nine months
of FY23 that ended on December 31, 2022 via a virtual media meet,
Company CEO Rajan Sethuraman said “We are satisfied to see 10 per
cent growth in revenue for this quarter, which is in line with our
expectations."
"It indicates our investments in building capabilities as well as assets
and accelerators are paying off. Data and analytics is emerging as a key
enabler for enterprises to stay relevant and ahead of the competition",
he said.
"We are making the right investments in both capability building and
domain expertise that will help us add value for our clients. There is
strong demand for Data Engineering and Consulting services, with
Technology, Industrial and financial services continuing to drive strong
growth", he said, adding, "Going ahead, we will actively look at new
opportunities that will add to our capabilities.”

Company CFO Rajan Venkatesan said “Q3 continues to remain a seasonally
strong quarter for us. Strong execution focus, easing supply-side constraints
and favourable currency rates helped us to sustain an EBITDA margin of 29.5%
for the quarter. Our Cash and Investments (excluding proceeds from the IPO)
as of December 31, 2022, stood at Rs 7,729 million."
"We are well-positioned for the future, driven by our verticalized approach,
value propositions based on gaps identified in the market, and dedication to
strengthening our teams across the board”, he said.
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