Latent View Analytics earnings calls.

Latent View Analytics delivered its 12th consecutive quarter of sequential growth with Q3 FY26 revenue up 5.7% QoQ in USD terms (approx. 8% in INR), driven primarily by strong BFSI momentum where revenue share has increased ~400bps since FY26 start. Technology (largest vertical) returned to growth aided by year-end projects and price increases at a top-2 account. CPG/Retail was muted due to delayed follow-on work from apparel/FMCG clients and timing issues at a large beverage account. Reported EBITDA margin of 22.4Current 22.4 crore vs previous available quarter 22 crore.% (24.6% adjusted for one-time labor code restructuring costs of Rs 4.6 crore). Full-year guidance maintained at 19-20% revenue growth ($119-120 million) with EBITDA of ~24%. The company targets $200 million revenue by FY28 (~30% growth trajectory), though this may require 1-2% margin investments. Key risks include a $5-6 million annualized headwind from a large tech account restructuring toward FTE hiring and broader tech sector capital reallocation toward AI infrastructure. Databricks partnership is on track for $16-17 million FY26 revenue toward the $50 million three-year target.