Whalesbook
📉 The Financial Deep Dive
Latent View Analytics unveiled its Q3 FY26 results, showcasing a 22.06% YoY increase in Revenue from Operations, reaching ₹2,780.09 million. This top-line growth was fueled by consistent business activity. Total Income rose by 21.90% to ₹2,956.19 million.
However, the surge in revenue was closely matched by expense growth. Total Expenses escalated by 22.75% YoY to ₹2,288.38 million. Key drivers of this increase include a 26.79% rise in Employee Benefits Expense and a significant 495.91% jump in Finance Costs, albeit from a lower base, indicating increased borrowing or financing expenses. Depreciation also saw a 23.60% increase.
Despite these rising costs, Profit Before Tax (PBT) managed a 19.03% increase YoY to ₹667.81 million. Yet, Tax Expenses surged by 39.38% YoY, a rate faster than PBT growth, impacting the bottom line. Consequently, Profit After Tax (PAT) saw a 19.15% YoY growth, settling at ₹507.71 million. Basic EPS stood at ₹2.43, up from ₹2.03 YoY.
For the nine months ended December 31, 2025, Revenue from Operations grew 25.04% YoY to ₹7,715.74 million, and PAT increased by 20.20% YoY to ₹1,470.62 million.
🚩 Risks & Outlook
A notable absence in this announcement was any specific management guidance or forward-looking statements. This lack of outlook leaves investors to gauge future performance based solely on the current trends. The sharp increase in finance costs warrants close monitoring as it directly impacts profitability. The company also acquired an additional 10% stake in Decision Point Private Limited for INR 11.09 million and adopted the new corporate tax regime, which resulted in a deferred tax credit.