Latent View Analytics announced its Q2 FY27 results, highlighting a 2% sequential growth in USD terms, driven by broad-based traction across its key verticals including automotive, financial services, CPG, and retail. The company reiterated its confidence in medium- to long-term growth prospects, with a projected revenue of $127 million for FY27. Management also provided insights into strategic investments in AI and geographic expansion, particularly in Europe.
Latent View Analytics Reports Q2 FY27 Growth
Latent View Analytics has reported a positive growth trajectory for the second quarter of Fiscal Year 2027 (Q2 FY27). The company achieved a 2% sequential growth in its USD revenues compared to Q1 FY27, with INR revenues seeing a 2.5% increase. This growth was described as broad-based, with strong performance in financial services (FS), which grew 3.5% sequentially, particularly in wealth and asset management. The CPG and retail segment also returned to positive territory with a 2.7% sequential growth, supported by new client wins.
Key Business Verticals and AI Focus
The industrials vertical demonstrated significant sequential growth of 21.4%, primarily led by the automotive and auto component manufacturers. Latent View highlighted its continued focus on Artificial Intelligence (AI) as a key growth lever, with AI solutions scaling across its business and improving efficiency. The company is investing in its CTAIO (Chief Technology and AI Officer) function and expanding its AI offerings, including Agentic AI and decision intelligence. Several client wins were highlighted, showcasing the application of AI in areas such as supply chain optimization and data observability, with achievements like reducing research time from 14 days to 10 minutes.
Financial Outlook and Strategic Investments
For the full year FY27, Latent View Analytics anticipates delivering a revenue of approximately $127 million, representing a 6%-plus growth over FY26. The company projects strong growth in the financial services vertical (45% to 46%) and industrials (60% to 65%). While the technology vertical is expected to see a negative growth of about 5% due to ongoing consolidation and headwinds, Latent View is strategically rebalancing its portfolio. The company also reiterated its medium-term EBITDA margin guidance of 21% to 22%, reflecting ongoing investments in capability building and strategic initiatives.
Geographic Expansion and Future Plans
Geographic diversification remains a key strategy, with Europe identified as an important growth area, focusing on verticals like automotive, CPG, and retail. Latent View also highlighted plans to develop its healthcare and life sciences practice, anticipating it to contribute at least $20 million to the overall $200 million growth plan by 2028. The company is committed to its go-to-market strategy and has initiated structured programs for account management and mining to drive sustainable growth and increase contract values.
Source: BSE
