Latent View Analytics Limited has reappointed M/s. BDO India LLP as its Internal Auditors for Financial Year 2026-2027 and 2027-2028. The Board of Directors approved this reappointment at its meeting held on May 16, 2026, acting on the recommendation of the Audit Committee. The intimation has been made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Reappointment Details

The following table outlines the key disclosures related to the reappointment of M/s. BDO India LLP as Internal Auditors, as submitted under Annexure A of the regulatory filing:

Profile of M/s. BDO India LLP

M/s. BDO India LLP is a full-service professional services firm operating in India. The firm offers a wide range of services, including audit, tax, consulting, and outsourcing, catering to both domestic and international businesses. It serves as the India member firm of BDO International, a larger global network. M/s. BDO India LLP is headquartered in Mumbai and maintains offices throughout India.

Regulatory Compliance

The reappointment has been disclosed in accordance with the requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement has also been made available on the company's official website. The filing was signed by P. Srinivasan, Company Secretary and Compliance Officer (Membership No.: F11519), on behalf of Latent View Analytics Limited.

Latent View Analytics announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting a 25% year-on-year increase in total operating revenue to ₹10,602 million for FY26, surpassing the significant milestone of ₹1,000 crore in annual revenue. For Q4FY26, revenue from operations stood at ₹2,886 million, reflecting 24.3% year-on-year growth and 3.8% sequential growth. The company achieved an adjusted EBITDA margin of 24.1% for the quarter, reflecting strong operational leverage despite continued investments in AI and Databricks Centers of Excellence. The results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on May 16, 2026. Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published newspaper advertisements of its financial results in Makkal Kural on May 17, 2026, and in Mint on May 18, 2026.

Key Financial Highlights

The following table presents the key financial metrics for Q4FY26 and FY26 on an operating basis:

Consolidated Financial Performance

The audited consolidated results published under Regulation 47 reflect total income from operations of ₹3,047.94 million for Q4FY26 and ₹11,360.03 million for the full year. Net profit attributable to owners for Q4FY26 stood at ₹527.52 million, while total comprehensive income attributable to owners reached ₹734.26 million for the quarter and ₹2,381.66 million for the full year. The following table summarises the key consolidated financial metrics:

Standalone Financial Performance

Additional standalone financial results, as disclosed in the newspaper publication, are presented below:

Management Commentary

Rajan Sethuraman, Chief Executive Officer, stated that the company reported revenue growth of 20% year-on-year for the quarter, with the Financial Services practice leading performance and the Consumer practice growing 19%. He noted that 28% of FY26 revenue was derived from AI projects, and highlighted the company's focus on helping clients translate AI into better decisions and tangible business outcomes, including sharper forecasting, smarter pricing, and more effective customer engagement. Rajan Venkatesan, Chief Financial Officer, noted that the company surpassed the ₹1,000 crore revenue milestone in FY26, reflecting a CAGR of 28.2% since the IPO in 2021. He added that the company sustained profitability even as it continued investments in AI and Databricks Centers of Excellence, reflecting the operating leverage being built into the business.

Strategic Highlights and Client Wins

Latent View Analytics advanced its build-invest-partner AI strategy with a $3 million investment in Healtheon AI, an Agentic AI platform for healthcare Revenue Cycle Management. The company secured key client wins in Q4FY26, as detailed below:

The company also welcomed Kiran Muddana, a data, AI, and technology transformation leader with extensive experience in AI strategy and scaling data-driven transformation for global enterprises, to its Advisory Council.

Business Recognitions and Awards

Latent View Analytics received several recognitions during the quarter, including being named a Strong Performer in The Forrester Wave™: Marketing Measurement and Optimization Services, 2026, earning Gold Partner status with Databricks, and winning the Retail Technology Innovation Hub Award for AI & Payments. The company was also recognized as a Great Place to Work in the US, adding to four consecutive years of the same recognition in India, and was featured among the top three winners at The Economic Times Human Capital Awards 2026 for Excellence in Flexible & Hybrid Work Models and Excellence in HR Business Partnership. Additionally, Aaditya Raghavendran, Practice Head, Retail, was recognized among the 40 under 40 AI Builders of 2026 by AIM. The company also held an exclusive Leaders' Circle networking event for tech industry leaders in San Jose.

Corporate Governance and Appointments

The Board approved the reappointment of M/s. BDO India LLP as Internal Auditors for FY27 and FY28. The Board also approved the reappointment of Dr. R. Raghuttama Rao and Mr. Reed Cundiff as Independent Directors, and Mr. A.V. Venkatraman and Ms. Pramadwathi Jandhyala as Whole Time Directors, subject to shareholder approval. The newspaper publication was signed off by P. Srinivasan, Company Secretary and Compliance Officer, and the results were presented under the authority of A.V. Venkatraman, Chairperson & Whole Time Director.

Source: None/Company/INE0I7C01011/24a874cf30a64513.pdf