October 27, 2023

BSE Limited National Stock Exchange of India Limited

Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,

Dalal Street, Mumbai-400 001. Bandra Kurla Complex Bandra East,

Scrip Code: 543398 Mumbai 400 051

Scrip Symbol: LATENTVIEW

Dear Sir/Madam,

Sub: Outcome of the Board Meeting held on October 27, 2023

In continuation to our intimation dated September 20, 2023, and pursuant to Regulation 30

and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as

amended, we wish to inform you that based on the recommendation of Audit Committee, the

Board of Directors at its meeting held on October 27, 2023, has inter alia approved the

Unaudited Financial Results of the Company (Both Standalone and Consolidated) prepared

in accordance with Indian Accounting Standards (Ind AS) for the quarter and half year ended

as on September 30, 2023 together with Limited Review Report of the Auditor’s thereon.

Enclosed herewith copy of the extract of the Financial Results for your information and

records.

The Board meeting commenced at 06.00 pm and concluded at 08.10 pm.

This is for your information and records.

Thanking you,
For Latent View Analytics Limited

PARTHASAR Digitally signed by

PARTHASARATHY
ATHY SRINIVASAN
Date: 2023.10.27
SRINIVASAN 20:10:42 +05'30'

_________________
P. Srinivasan
Company Secretary and Compliance Officer

LatentView Analytics Limited

(Formerly known as LatentView Ana lytics Private Limited)
Unit 6,7,8, 5th Floor, Neville Tower, Ramanujan IT City SEZ
Rajiv G andhi Sa lai (OMR), Taramani, Chennai, Tamil Nadu 6001 13.
CIN No. L72300TN2006PLC058481 I +91 44 4344 1700 Phone I +9 1 44 4344 170 1 Fax I www.latentview.co m
 KRM Tower, 1st and 2nd Floors
BS R & Co. LLP No. 1, Harrington Road, Chetpet
Chennai - 600 031, India
Chartered Accountants
T~ephone:+914446083100
Fax: +91 44 4608 3199

Limited Review Report on unaudited consolidated financial results of Latent View

Analytics Limited (formerly known as Latent View Analytics Private Limited) for the
quarter ended 30 September 2023 and year to date results for the period from 01 April
2023 to 30 September 2023 pursuant to Regulation 33 of Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015,
c1s c1mended

To the Board of Directors of Latent View Analytics Limited (formerly known as Latent
View Analytics Private Limited)
1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Latent
View Analytics Limited (formerly known as Latent View Analytics Private Limited) (hereinafter referred
to as "the Parent"), and its subsidiaries (the Parent and its subsidiaries together referred to as "the
Group") for the quarter ended 30 September 2023 and year to date results for the period from 01 April
2023 to 30 September 2023 ("the Statement"), being submitted by the Parent pursuant to the
requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").
2. This Statement, which is the responsibility of the Parent's management and approved by the Parent's
Board of Directors, has been prepared in accordance with the recognition and measurement
principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting'' ("Ind AS 34"),
prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally
accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility
is to express a conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the
Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial
information consists of making inquiries, primarily of persons responsible for financial and accounting
matters, and applying analytical and other review procedures. A review is substantially less in scope
than an audit conducted in accordance with Standards on Auditing and consequently does not enable
us to obtain assurance that we would become aware of all significant matters that might be identified
in an audit. Accordingly, we do not express an audit opinion.
We also performed procedures in accordance with the circular issued by the Securities and Exchange
Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.
4. The Statement includes the results of the following entities mentioned in Annexure I to the Statement.
5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing
has come to our attention that causes us to believe that the accompanying Statement, prepared in
accordance with the recognition and measurement principles laid down in the aforesaid Indian
Accounting Standard and other accounting principles generally accepted in India, has not disclosed
the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including
the manner in which it is to be disclosed, or that it contains any material misstatement.

Registered Office

BS R & Co (a partnership firm with Registration No BA61223) converted inlo BS R & Co. LLP (a 14th Floor, Central B Wing and North C VVing, Nesco IT Park 4, Nesco
Limited Liability Partnership INith LLP Regislratian No AAB-81 t:11) wilh effect rrom October 14, 2013 Center, Western Express Highway, Goregaon (Easl), Mumbai - 400063
Page 1 of 3
BS R & Co. LLP

Limited Review Report (Continued)

Latent View Analytics Limited (formerly known as Latent View Analytics
Private Limited)
6. The Statement includes the interim financial information of three subsidiaries and one step down
subsidiary which have not been reviewed, whose interim financial information reflect total assets
(before consolidation adjustments) of Rs. 654.84 million as at 30 September 2023 and total revenues
(before consolidation adjustments) of Rs. 44.12 million and Rs. 86.05 million, total net loss after tax
(before consolidation adjustments) of Rs. 25.67 million and Rs. 66.71 million and total comprehensive
loss (before consolidation adjustments) of Rs. 28.76 million and Rs. 66.17 million, for the quarter
ended 30 September 2023 and for the period from 01 April 2023 and 30 September 2023 respectively,
and Company's share of cash flows (net decrease) of Rs. 51.07 million for the period from 01 April
2023 to 30 September 2023 as considered in the Statement. According to the information and
explanations given to us by the Parent's management, these interim financial information are not
material to the Group.
Our conclusion is not modified in respect of this matter.

For 8 5 R & Co. LLP

Chartered Accountants
Firm's Registration No.: 101248W/W-100022

~
Satish Vaidyanathan
Partner
Chennai Membership No.: 217042
27 October 2023 UDIN:23217042BGRWlO7033

Page 2 of 3
BS R & Co. LLP

Limited Review Report (Continued)

Latent View Analytics Limited (formerly known as Latent View Analytics
Private Limited)
Annexure I
List of entities included in unaudited consolidated financial results.

Sr. No Name of component Relationship

1 Latent View Analytics Limited Parent

2 Latent View Analytics Corp, USA Subsidiary

3 LatentView Analytics UK Ltd Subsidiary

4 LatentView Analytics BV Subsidiary

5 LatentView Analytics Pte. Ltd, Subsidiary

Singapore

6 LatentView Analytics GmbH, Step down subsidiary

Germany

Page 3 of 3
 Latent View Analytics Limited
(Formerly known as Latent View Analytics Private Limited)
CIN No : L72300TN2006PLC058481
Registered Office: 5th Floor, Neville Tower,Unit 6,7 and 8, Ramanujan IT City,
lat~~t nrn,er
t}¾V'\)}
Website: '~1'{£~~-.t:~:1:·Jv'.(•:y~--.c ~-r~:
Raj iv Gandhi Salai, Taramani, Chennai - 600 113
Email - [email protected]
Statement of Unaudited Consolidated Financial Results for the Quarter and period ended 30 September 2023
(fin Million)
Quarter ended Period ended Year ended
Particulars 30-Sep-23 30-Jun-23 30-Sep-22 30-Sep-23 30-Sep-22 31-Mar-23
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)

Income from operations

I Revenue from operations 1,556.83 1,476.76 1,324.06 3,033.59 2,523.45 5,387.62
II Other income 169.83 178.92 88.28 348.75 186.27 557.66
Ill Total income (I + II) 1,726.66 1,655.68 1,412.34 3,382.34 2,709.72 5,945.28

IV Expenses
a)Employee benefits expense 1,074.63 1,003.36 811.00 2,077.99 1,547.11 3,361.36
b)Finance costs 7.81 8.00 6.40 15.81 12.83 26.39
c)Depreciation and amortisation expense 23.41 23.74 21.94 47.15 42.99 88.15
d)Other expenses 174.28 192.68 139.68 366.96 255.31 575.74
Total expenses (IV) 1,280.13 1,227.78 979.02 2,507.91 1,858.24 4,051.64

V Profit before tax for the period I year (lll+IV) 446.53 427.90 433.32 874.43 851.48 1,893.64
VI Tax expenses
Current Tax 98.37 101.55 60.53 199.92 171.02 333.41
Deferred Tax 7.91 (2.24) 0.06 5.67 (7.04) 5.92

VII Profit for the period / year (V - VI) 340.25 328.59 372.73 668.84 687.50 1,554.31

VIII Other comprehensive income/ (loss)

Items that will not be reclassified subsequently to profit/ (loss)
Re-measurement (losses) / gain on defined benefit plans 4.49 (2.23) 3.95 2.26 4.76 (1.00)
Income tax relating to items above (1.31) 0.65 (1.15) (0.66) (1.39) 0.29

Net other comprehensive income/ (loss) not to be reclassified

3.18 (1.58) 2.80 1.60 3.37 (0.71)
subsequently to profit / (loss)
Items that will be reclassified subsequently to profit/ (loss)
Exchange differences in translating financial statements of foreign
30.86 (4.94) 51.80 25.92 118.76 147.83
operations
Net other comprehensive income / (loss) to be reclassified
30.86 (4.94) 51.80 25.92 118.76 147.83
subsequently to profit / (loss)
Other comprehensive income I (loss) for the period/ year 34.04 (6.52) 54.60 27.52 122.13 147.12

IX Total comprehensive income / (loss) for the period / year (Vll+VIII) 374.29 322.07 427.33 696.36 809.63 1,701.43

Paid-up equity share capital (Face value~ 1/- each) 204.90 204.90 200.42 204.90 200.42 204.90
Other equity for the year 11,869.59
Basic earnings per share 1.66 1.60 1.86 3.26 3.43 7.71
Diluted earnings per share 1.64 1.59 1.80 3.?3 3.32 7.63
(not annualised) (not annualised) (not annualised) (not annualised) (not annualised) (annualised)
See accompanying notes to financial results
 Latent View Analytics Limited
(Formerly known as Latent View Analytics Private Limited)
CIN No: L72300TN2006PLC058481
Registered Office: 5th Floor, Neville Tower,Unit 6,7 and 8, Ramanujan IT City,
tarnnt Rajiv Gandhi Salai,Taramani, Chennai - 600 113
Website :V1rwwJatentview.corn Email :[email protected]
Unaudited Statement of consolidated assets and liabilities
(fin Million)
As at As at
S. No. Particulars 30 September 2023 31 March 2023
(Unaudited) (Audited)
A ASSETS
1 Non-current assets
(a) Property, plant and equipment 70.50 70.11
(b) Right-of-use assets 195.86 161.69
(c) Intangible assets 0.11
(d) Financial assets
Investments 2,552.19 2,455.87
Other financial assets 83.00 229.75
(e) Deferred tax assets (net) 114.03 190.79
(f) Other tax assets (net) 47.81 45.34
(g) Other non-current assets 50.25 52.99
Total non-current assets 3,113.64 3,206.65

2 Current assets
(a) Financial assets
Investments 3,232.09 2,551.38
Trade receivables 1,045.51 985.16
Cash and cash equivalents 344.96 533.81
Bank balance other than cash and cash equivalents 2,865.38 4,879.47
Other financial assets 2,712.43 314.37
(b) Contract assets 77.12 58.86
(c) Other current assets 106.06 100.85
Total current assets 10,383.55 9,423.90
Total assets (1+2) 13,497.19 12,630.55

B EQUITY AND LIABILITIES

1 Equity
(a) Equity share capital 204.90 204.90
(b) Other equity 12,586.42 11,869.59
Total equity 12,791.32 12,074.49

Liabilities
2 Non-current liabilities
(a) Financial liabilities
Borrowings 2.85 3.29
Lease liability 180.67 149.77
(b) Provisions 69.77 63.43
Total non-current liabilities 253.29 216.49

3 Current liabilities
(a) Financial liabilities
Lease liability 64.02 61.55
Trade payables
total outstanding dues of micro, small and medium enterprises 2.57 0.98
total outstanding dues of creditors other than micro, small and medium enterprises 89.48 37.11
Other Financial Liabilities 11.79 -
(b) Contract liabilities 115.06 134.63
(c) Other current liabilities 112.81 64.07
(d) Provisions 32.72 23.75
(e) Current tax liabilities (net) 24.13 17.48
Total current liabilities 452.58 339.57

Total equity and liabilities (1+2+3) 13,497.19 12,630.55

 ~· rntvnu,
Latent View Analvtics Limited
(Formerly known as Latent View Analytics Private Limited)
CIN No : L72300TN2006PLC058481
Registered Office: 5th Floor, Neville Tower.Unit 6,7 and 8, Ramanujan IT City,
Rajiv Gandhi Salai,Taramani, Chennai - 600 113
Website :wwvv.latentvievv.corn
Unaudited Statement of consolidated Cashflows for the period ended 30 September 2023
Email [email protected]

(~ in Million)
For the period ended For the period ended
Particulars 30 September 2023 30 September 2022
(Unaudited) (Unaudited)
Cash flow from operating activities
Profit before tax 874.43 851.48

Adjustments for:
Depreciation and amortisation 47.15 42.99
Amortisation of premium paid on bonds 4.34 0.50
Share based compensation expense 19.90 20.12
Financial assets measured at FVTPL - net change in fair value (24.27) (10.63)
Interest income on deposits with banks and financial institutions (301.92) (176.04)
Gain on sale of investments (6.46) (2.55)
Gain on sale of property, plant and equipment (3.00) -
Interest income on security deposits (0.82) (1.37)
Finance costs 11.47 10.31
Unrealised (gain) / loss on foreign exchange differences (2.65) 32.78
Operating profit before working capital changes 618.17 767.59

Adjustments for changes in working capital:

(Increase) I Decrease in trade receivables (53.25) 132.64
Increase in current and non current assets (38.17) (114.86)
Decrease in other financial assets 74.11 1.09
Increase in provisions 15.08 0.60
Increase I (Decrease) in trade payables and other financial liabilities 99.54 (180.63)
Cash generated from operating activities 715.48 606.43

Less: Income tax paid (net) (124.73) (117.88)

Net cash generated from operating activities (a) 590.75 488.55

Cash flows from investing activities

Purchase of property, plant and equipment (23.33) (15.28)
Sale of property, plant and equipment 3.00 -
Proceeds from sale of investments 1,695.70 1,126.20
Purchase of investments (2,399.08) (2,193.03)
Investment in deposits with banks and financial institutions (net) (210.44) -
Proceeds on maturity of bank deposits (net) - 962.73
Interest income on deposits with banks and financial institutions 190.00 158.85
Net cash (used in)/ generated from investing activities (b) (744.15) 39.47

Cash flow from financing activities

Finance costs paid (0.02) (0.05)
Payment of lease liability- Principal portion (25.30) (20.70)
Payment of lease liability- Interest portion (11.46) (10.32)
Repayment of borrowings (0.46) (0.46)
Net cash used in financing activities (c) (37.24) (31.53)

Net (decrease) I increase in cash and cash equivalents (a)+ (b) + (c) (190.64) 496.49

Cash and cash equivalents at the beginning of the period 533.81 2,367.60
Effect of exchange rate fluctuations on cash held 1.79 45.26
Cash and cash equivalents at the end of the period 344.96 2,909.35

Components of cash and cash equivalents

Cash on hand 0.01 0.02
Bank balances 329.75 2,279.33
Deposits (with original maturity of 3 months or less) 15.20 630.00

Cash and cash equivalents as per Statement of consolidated assets and liabilities 344.96 2 909.35
 Latent View Anal ics Limited
(Formerly known as Latent View Analytics Private Limited)
CIN No : L72300TN2006PLC058481
Registered Office: 5th Floor, Neville Tower,Unit 6,7 and 8, Ramanujan IT City,
Ra·iv Gandhi Salai,Taramani, Chennai - 600 113

Notes:
1. The above consolidated financial results for the quarter and period ended 30 September 2023 in respect of Latent View Analytics Limited ('the Holding Company') have been reviewed by the Audit
Committee and approved by the Board of Directors of the Company at their respective meetings held on 27 October 2023. The above results have been subject to limited review by the statutory auditor of
the Company. The report of the statutory auditors is unqualified.

2. The consolidated financial results include the financial results of Latent View Analytics Limited ('Parent Company') and the financial results of its subsidiaries and step down subsidiary, Latent View
Analytics Corp, USA, LatentView Analytics UK Ltd, LatentView Analytics BV (Netherlands), LatentView Analytics GmbH, Germany, LatentView Analytics Pte. Ltd, Singapore (together called as the "group").

3. These financial results have been prepared in accordance with Indian Accounting Standards (referred to as 'Ind AS') 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act,
2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015.

4. During the previous year ended 31 March 2022, the Holding Company had completed its initial public offer (IPO) of 30,489,362 equity shares of face value of ~ 1 each at an issue price of ~ 197 per
share, comprising fresh issue of 24,093,423 shares and offer for sale of 6,395,939 shares by selling shareholders. The Holding Company had received an amount of~ 4,466.78 million (net of Company's
share of IPO Expenses ~ 273 million) from the proceeds of the fresh issue. Out of the Company's share of IPO Expenses ~ 256.59 million had been adjusted to securities premium.
Details of utilisation of IPO proceeds ("In million)

Objects of the Issue Amount as Utilised up to Un-utilised as on

proposed in offer 30 September 2023 30 September
document 2023

a) Funding inorganic growth initiatives 1,479.00 1,479.00

b) Funding working capital requirements of LatentView Analytics 824.00 551.93 272.07
Corporation, our Material Subsidiary
c) Investment in our Subsidiaries to augment their capital base for future 1,300.00 512.10 787.90
growth by way of equity, debt or any other instrument or combination thereof
as determined by the board
d) General corporate purposes 863.78 863.78
Total 4,466.78 1,927.81 2,538.97

Net IPO proceeds which were un-utilised as at 30 September 2023 were temporarily invested in fixed deposits with banks, Monitoring Agency bank account and in IPO Public issue account (held in cash
and cash equivalents).

5. The Group is principally engaged in a single business segment viz., develop and deploy analytics solutions to its customers.

6. The consolidated financial results for the quarter and period ended 30 September 2023, are available on the SSE Limited website (URL : www.bseindia.com), the National Stock Exchange of India
Limited website (URL: www.nseindia.com) and on the company's website (URL: www.latentview.com).

For and on behalf of the Board of directors

For Latent View Analytics Limited

Date: 27 October 2023 DIN No: 01240055

Place: Chennai Chair erson & Whole time Director
B S R & Co. LLP
KRM Tower, 1st and 2nd Floors
No. 1, Harrington Road, Chetpet
Chennai – 600 031, India
Chartered Accountants Telephone: +91 44 4608 3100
Fax: +91 44 4608 3199

Limited Review Report on unaudited standalone financial results of Latent View Analytics Limited
(formerly known as Latent View Analytics Private Limited) for the quarter ended 30 September
2023 and year to date results for the period from 01 April 2023 to 30 September 2023 pursuant
to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended

To the Board of Directors of Latent View Analytics Limited (formerly known as Latent View
Analytics Private Limited)
1. We have reviewed the accompanying Statement of unaudited standalone financial results of Latent View
Analytics Limited (formerly known as Latent View Analytics Private Limited) (hereinafter referred to as “the
Company”) for the quarter ended 30 September 2023 and year to date results for the period from 01 April
2023 to 30 September 2023 (“the Statement”).
2. This Statement, which is the responsibility of the Company’s management and approved by its Board of
Directors, has been prepared in accordance with the recognition and measurement principles laid down in
Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of
the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with
Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended (“Listing Regulations”). Our responsibility is to issue a report on the Statement
based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE)
2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued
by the Institute of Chartered Accountants of India. A review of interim financial information consists of making
inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and
other review procedures. A review is substantially less in scope than an audit conducted in accordance with
Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware
of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the
accompanying Statement, prepared in accordance with the recognition and measurement principles laid
down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India,
has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations,
including the manner in which it is to be disclosed, or that it contains any material misstatement.

For B S R & Co. LLP

Chartered Accountants
Firm’s Registration No.:101248W/W-100022

Satish Vaidyanathan
Partner
Chennai Membership No.: 217042
27 October 2023 UDIN:23217042BGRWIP2270

Registered Office:

B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center,
Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 Western Express Highway, Goregaon (East), Mumbai - 400063
Page 1 of 1
 Latent View Analytics Limited
(Formerly known as Latent View Analytics Private Limited)
t!f!J CIN No: L72300TN2006PLC058481
Registered Office: 5th Floor, Neville Tower,Unit 6,7 and 8,
lotQnH!iQIII Ramanujan IT City,Rajiv Gandhi Salai,Taramani, Chennai - 600 113
Website: Email: 1nvestorcare(B:;:atentview.corn
Statement of Unaudited Standalone Financial Results for the quarter and period ended 30 September 2023
(fin Million)
Quarter ended Period ended Year ended
Particulars 30-Sep-23 30-Jun-23 30-Sep-22 30-Sep-23 30-Sep-22 31-Mar-23
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)

Income from operations

I Revenue from operations 717,71 688.95 649.90 1,406.66 1,258.96 2,639.50
II Other income 153.94 173.92 93.64 327.86 197.33 572.22
Ill Total income (I+ II) 871.65 862.87 743.54 1,734.52 1,456.29 3,211.72

IV Expenses
a)Employee benefits expense 387.69 376.39 327.00 764.08 637.77 1,343.77
b)Finance costs 7.73 7.92 6.33 15.65 12.68 26.14
c)Depreciation and amortisation expense 19.54 19.10 18.69 38.64 36.69 74.17
d)Other expenses 87.89 97.18 70.62 185.07 127.76 271.94
Total expenses (IV) 502.85 500.59 422.64 1,003.44 814.90 1,716.02

V Profit before tax (Ill - IV) 368.80 362.28 320.90 731.08 641.39 1,495.70
VI Tax expenses
Current Tax 97.88 100.69 63.02 198.57 146.70 328.12
Deferred Tax 7.90 (2.24) (0.14) 5.66 (6.97) (4.78)

VII Profit for the period I year (V-VI) 263.02 263.83 258.02 526.85 501.66 1,172.36

VIII Other comprehensive income I (loss)

Items that will not be reclassified subsequently to profit I (loss)
Re-measurement (losses) I gain on defined benefit plans 4.48 (2.23) 3.93 2.25 4.74 (1.00)
Income tax relating to items that will not be reclassified subsequently to
(1.31) 0.65 (1.15) (0.66) (1.39) 0.29
profit I (loss)
Other comprehensive income/ (loss) for the period/ year 3.17 (1.58) 2.78 1.59 3.35 (0.71)

266.19 262.25
IX Total comprehensive income/ (loss) for the period/ year (Vll+VIII) 260.80 528.44 505.01 1,171.65

Paid-up equity share capital (Face value~ 1/- each) 204.90 204.90 200.42 204.90 200.42 204.90
Other equity for the year 9,632.08
Basic earnings per share 1.28 1.29 1.29 2.57 2.50 5.82
Diluted earnings per share 1.27 1.27 1.25 2.54 2.42 5.75
(not annualised) (not annualised) (not annualised) (not annualised) (not annualised) (annualised)
See accompanying notes to financial results
 •
Latent View Analytics Limited
(Formerly known as Latent View Analytics Private Limited)
CIN No : L72300TN2006PLC058481

lfltont mrHn vttlk

Registered Office: 5th Floor, Neville Tower.Unit 6,7 and 8,
Ramanujan IT City,Rajiv Gandhi Salai,Taramani, Chennai - 600 113
Website : ·//-//\\ :.,<t::r>",..,..,:.' ,.::,.,:·, Email: investorcare(Wiatentview,com
Unaudited Standalone Statement of assets and liabilities
({ in Million)
As at As at
S. No. Particulars 30 Seotember 2023 31 March 2023
(Unaudited) (Audited)
A ASSETS
1 Non-current assets
(a) Property, plant and equipment 51,66 50,57
(b) Right-of-use assets 190,99 160.80
(c) Intangible assets - 0, 11
(d) Financial assets
Investments 2,556.52 2,460.20
Loans 506.80 507.75
Other financial assets 81.41 228.24
(e) Deferred tax assets (net) 114.03 190.79
(f) Other tax assets (net) 3,06 3.06
(g) Other non-current assets 50.25 52.98
Total non-current assets 3,554.72 3,654.50

2 Current assets
(a) Financial assets
Investments 2,442.42 1,451.21
Trade receivables 575.30 506.56
Cash and cash equivalents 99.22 71.78
Bank balance other than cash and cash equivalents 1,711.24 3,560.33
Loans 240.94 566.56
Other financial assets 2,093.09 299.72
(b) Contract assets 1.98 4.90
(c) Other current assets 47.45 28.79
Total current assets 7,211.64 6,489.85
Total assets (1+2) 10,766.36 10,144.35

B EQUITY AND LIABILITIES

1 Equity
(a) Equity share capital 204.90 204.90
(b) Other equity 10,180.41 9,632.08
Total equity 10,385.31 9,836.98

Liabilities
2 Non-current liabilities
(a) Financial liabilities
Lease liability 178.61 149.77
(b) Provisions 16.77 18.13
Total non-current liabilities 195.38 167.90

3 Current liabilities
(a) Financial liabilities
Lease liability 60.16 58.93
Trade payables
total outstanding dues of micro, small and medium enterprises 2.57 0.98
total outstanding dues of creditors other than micro, small and medium enterprises 39.09 22.13
Other financial liabilities 11.79 -
(b) Other current liabilities 53.48 49.51
(c) Current tax liabilities (net) 18.58 7.92
Total current liabilities 185.67 139.47

Total equity and liabilities (1+2+3) 10,766.36 10,144.35

 Latent View Analytics Limited
(Formerly known as Latent View Analytics Private Limited)
CIN No : L72300TN2006PLC058481
Registered Office: 5th Floor, Neville Tower,Unit 6,7 and 8, Ramanujan IT City,
Rajiv Gandhi Salai,Taramani, Chennai - 600 113
Website :vvww.!atentview.corn Email - investorcare(a)latentview.com
Unaudited Standalone Statement of Cashflows for the period ended 30 September 2023
(~ in Million)
For the period ended For the period ended
Particulars 30 September 2023 30 September 2022
(Unaudited) (Unaudited)
Cash flow from operating activities
Profit before income tax 731.08 641.39

Adjustments for:
Depreciation and amortisation 38.64 36.69
Amortisation of premium paid on bonds 4.34 0.50
Share based compensation expense 11.49 13.92
Financial assets measured at FVTPL - net change in fair value (24.27) (10.63)
Interest income on deposits with banks and financial institutions (281.70) (176.04)
Gain on sale of investments (4.52) (2.55)
Finance costs 11.31 10.16
Interest income on security deposits (0.82) (0.82)
Unrealised (gain) / loss on foreign exchange differences (3.06) 37.59
Gain on sale of property, plant and equipment (3.00) -
Operating profit before working capital changes 479.49 550.21

Adjustments for changes in working capital:

(Increase)/ Decrease in trade receivables (67.44) 152.65
Increase in other assets (13.00) (40.22)
Decrease / (Increase) in other financial assets 36.64 (2.45)
(Decrease) I Increase in provisions (1.36) 0.60
Increase I (Decrease) in trade payables and other liabilities 36.56 (54.35)
Cash generated from operating activities 470.89 606.44

Less: Income tax paid (net) (117.48) (123.83)

Net cash generated from operating activities (a) 353.41 482.61

Cash flow from investing activities

Purchase of property, plant and equipment (18.51) (11.01)
Sale of property, plant and equipment 3.00 -
Proceeds from sale of investments 694.86 1,126.20
Purchase of investments (1,718.51) (2,040.47)
Loans to subsidiaries - (551.93)
Repayment of Loan by Subsidiary 328.33 -
Interest income on deposits with banks and financial institutions 200.36 158.30
Proceeds on maturity of bank deposits (net) 217.15 1,317.78
Net cash used in investing activities (b) (293.32) (1.13)

Cash flow from financing activities

Payment of lease liability- Principal portion (21.34) (18.57)
Payment of lease liability- Interest portion (11.31) (10.16)

Net cash used in financing activities (c) (32.65) (28.73)

Net increase in cash and cash equivalents (a)+ (b) + (c) 27.44 452.75

Cash and cash equivalents at the beginning of the period 71.78 372.36

Cash and cash equivalents at the end of the period 99.22 825.11

Components of cash and cash equivalents

Cash on hand 0.01 0.02
Bank balances 99.21 195.09
Deposits ( with original maturity of 3 months or less ) - 630.00

Cash and cash equivalents as per Statement of assets and liabilities 99.22 825.11
 Latent View Anal ics Limited
(Formerly known as Latent View Analytics Private Limited)
CIN No: L72300TN2006PLC058481
Registered Office: 5th Floor, Neville Tower.Unit 6,7 and 8, Ramanujan IT City,
Ra·iv Gandhi Salai,Taramani, Chennai - 600 113

Notes:
1. The above standalone financial results for the quarter and period ended 30 September 2023 in respect of Latent View Analytics Limited ('the Company') have been reviewed by the Audit
Committee and approved by the Board of Directors of the Company at their respective meetings held on 27 October 2023. The above results have been subject to limited review by the
statutory auditor of the Company. The report of the statutory auditors is unqualified.

2. These standalone financial results have been prepared in accordance with Indian Accounting Standards (referred to as 'Ind AS') 34 - Interim Financial Reporting prescribed under
Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time and in terms of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.

3. During the year ended 31 March 2022, the Company had completed its initial public offer (IPO) of 30,489,362 equity shares of face value of~ 1 each at an issue price of~ 197 per share,
comprising fresh issue of 24,093,423 shares and offer for sale of 6,395,939 shares by selling shareholders. The Company had received an amount of~ 4,466.78 million (net of Company's
share of IPO Expenses~ 273 million) from the proceeds of the fresh issue. Out of the Company's share of IPO Expenses~ 256.59 million had been adjusted to securities premium.

Details of utilisation of IPO proceeds (~ In million)

Objects of the Issue Amount as Utilised up to Un-utilised as
proposed in 30 September on 30
offer document 2023 September 2023

a) Funding inorganic growth initiatives 1,479.00 - 1,479.00

b) Funding working capital requirements of LatentView Analytics 824.00 551.93 272.07
Corporation, our Material Subsidiary
c) Investment in our Subsidiaries to augment their capital base for future 1,300.00 512.10 787.90
growth by way of equity, debt or any other instrument or combination
thereof as determined by the board
d) General corporate purposes 863.78 863.78 -
Total 4 466.78 1 927.81 2 538.97

Net IPO proceeds which were un-utilised as at 30 September 2023 were temporarily invested in fixed deposits with banks, Monitoring Agency bank account and in IPO Public issue
account (held in cash and cash equivalents).

4. The Company is principally engaged in a single business segment viz., develop and deploy analytics solutions to its customers.

5. The standalone financial results for the quarter and period ended 30 September 2023, are available on the SSE Limited website (URL : www.bseindia.com), the National Stock Exchange
of India Limited website (URL : www.nseindia.com) and on the company's website (URL: www.latentview.com).

AV Venkatraman
Date: 27 October 2023 DIN No: 01240055
Place: Chennai