Latent View shares plunge 9% as Q4 profit declines

Latent View Analytics’ shares dropped by 9% to reach Rs 340 after its profit after tax declined by 4% YoY to Rs 34.2 crore in Q4 FY23. Its EBITDA also decreased by 15.9% YoY to Rs 30.1 crore. However, the company’s revenue from operations climbed up to Rs 141.1 crore, marking an increase of 20.1% YoY. During FY23, the firm’s EBITDA saw a YoY increase of 19% to Ref 145.1 crore. It also recorded its all-time high revenue from operations of Rs 538.8 crore, a YoY increase of 32%.