Latent View Analytics Reports Strong Q3 FY26 Results with 22% Revenue Growth
Latent View Analytics reported robust Q3 FY26 financial performance with revenue of ₹2,780 million, achieving 22.0% year-over-year growth and maintaining 23.0% adjusted EBITDA margin. The company delivered its 12th consecutive quarter of revenue growth with strong momentum in Financial Services and Technology practices, while adding 6 new client logos and implementing significant corporate governance updates including Risk Management Committee restructuring.
*this image is generated using AI for illustrative purposes only.
Latent View Analytics reported robust financial performance for Q3 FY26, delivering revenue of ₹2,780 million with 22.0% year-over-year growth and maintaining adjusted EBITDA margin at 23.0%. The company achieved its 12th consecutive quarter of revenue growth, with sequential growth of 7.9% in rupee terms and 5.7% in dollar terms, driven primarily by strong performance in Financial Services and Technology practices.
Financial Performance Highlights
The company's Q3 FY26 results demonstrate consistent execution across the organization with strong momentum in topline performance. Financial Services practice emerged as a key growth driver with sequential growth of 20.6%, while Technology practice grew by 6.2%.
| Financial Metric: | Q3 FY26 | YTD FY26 | QoQ Growth | YoY Growth |
|---|---|---|---|---|
| Total Operating Revenue (₹ Million): | 2,780 | 7,716 | 7.9% | 22.0% |
| Adjusted EBITDA (₹ Million): | 640 | 1,744 | 10.3% | 22.7% |
| Adjusted EBITDA Margin: | 23.0% | 22.6% | 0.5% | 0.1% |
| PAT (₹ Million): | 508 | 1,471 | 11.0% | 18.6% |
| PAT Margin: | 17.2% | 17.7% | 0.6% | (0.5%) |
| Basic EPS (₹): | 2.43 | 7.05 | 12.9% | 19.6% |
Leadership Commentary and Strategic Outlook
CEO Rajan Sethuraman highlighted the seasonally strong quarter performance, noting the addition of 6 new client logos while renewing most existing contracts. The Financial Services practice continued its strategic importance with sustained momentum expected into FY27. As the company marks its 20th anniversary in 2026, leadership emphasized commitment to scaling AI and Agentic AI frameworks across the organization.
CFO Rajan Venkatesan noted that employee costs included a one-time catch-up expense of ₹46 million related to new labour code implementation. Excluding one-time items, adjusted EBITDA margin would have been 24.6%. The company expects an incremental impact of approximately 10-15 basis points on margins going forward.
Key Client Wins and Market Expansion
The quarter saw significant client acquisitions across diverse sectors, including AI-powered tax and operations automation for a leading on-demand delivery platform, end-to-end data engineering for a global automotive parts company, and advanced Revenue Growth Management analytics for consumer products companies in LATAM.
| Business Development: | Details |
|---|---|
| New Client Logos: | 6 |
| Contract Renewals: | Most existing contracts |
| Key Sectors: | Financial Services, Technology, FMCG, Automotive |
| Geographic Expansion: | LATAM, North America, Europe |
Corporate Governance and Compliance Updates
The board approved unaudited financial results for the quarter and nine months ended December 31, 2025, pursuant to Regulation 33 of SEBI regulations. Price Waterhouse Chartered Accountants LLP conducted the limited review with the auditor's report dated February 02, 2026.
Significant amendments were implemented to the company's code of conduct for insider trading regulation, strengthening compliance framework. Dr. Anindya Ghose was inducted as a member of the Risk Management Committee effective February 02, 2026, joining the existing committee structure.
| Governance Update: | Details |
|---|---|
| Review Period: | Quarter and nine months ended December 31, 2025 |
| Auditor: | Price Waterhouse Chartered Accountants LLP |
| Standards: | Indian Accounting Standards (Ind AS) |
| Trading Window Reopening: | February 04, 2026 |
| Risk Committee Addition: | Dr. Anindya Ghose (Independent Director) |
Historical Stock Returns for Latent View Analytics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.70% | +6.67% | -9.25% | +1.83% | -2.74% | -14.46% |
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