The Chennai-headquartered company, engaged in analystics solutions business, posted a consolidated revenue of ₹236 crore in Q1FY26, up from ₹179 crore in the corresponding quarter of the previous year. EBITDA for the quarter stood at ₹50 crore, compared to ₹38 crore, while profit before tax rose to ₹62 crore from ₹52 crore.
Rajan Venkatesan, Chief Financial Officer, said the company recorded an EBITDA margin of 21.4% in Q1FY26, reflecting the full impact of wage hikes across the group.
“The adjusted EBITDA margin stood at 22.2%, down from 24.4% in Q4FY25. The decline was attributed to a 3.3 percentage point impact from annual compensation adjustments, partially offset by a 1.1 percentage point benefit from lower go-to-market (GTM) spends and cyclical visa costs,” according to the company’s investor presentation.
Rajan Sethuraman, Chief Executive Officer, said LatentView had achieved its tenth consecutive quarter of revenue growth, with a 1.6% sequential increase and a 31.9% year-on-year rise. He added that while growth was broad-based across verticals, the Financial Services practice showed particularly strong momentum, growing 21.3% sequentially and 48.4% year-on-year.
Sethuraman also highlighted growing traction in the company’s GenAI practice, which is expected to double and contribute 12–14% of overall revenue by the end of FY26.
From an industry perspective, the technology sector remained the largest revenue contributor at 67%, followed by consumer & retail at 15%, financial services at 12%, and industrials at 6%.
Geographically, the United States accounted for 89% of revenue, with APAC contributing 6%, Latin America (LatAm) 3%, and Europe 2%.
Segmentwise, diagnostic services led the revenue mix at 59%, followed by Revenue Growth Management (RGM) at 16%, predictive analysis at 10%, data engineering at 7%, and both consulting and other services at 4% each.
Sethuraman said the company would focus on deepening client relationships, strengthening its partnership with Databricks, and developing advanced solutions powered by GenAI and Agentic AI.
