Margins expected to be around 25-28% in next two-three quarters: Rajan Sethuraman, Latentview Analytics

economictimes.indiatimes.com:

«We are not close to signing anything at this point in time but there is an evaluation process underway at this point in time. We will probably have more updates once the quarter is over and we are able to share the results,» says Rajan Sethuraman, CEO, Latentview Analytics.

Help us understand what are the demand trends that you are seeing across your segments, your technology, industrials as well as financials?
On the demand front, we see that it is still a little slow, especially in the financial services sector and in retail. Industrials, there is a little bit of action.

We have in fact had some good conversations and some closures as well. On the technology front, as I had mentioned in my earlier interaction, the progress continues to be a bit incremental. We are likely to have one, two large deal closures but we are still waiting for those signatures.

So in general, I see that the first half of the year has been a bit sluggish and there is some expectation that there will be a pickup in the second half of the year.

What is stopping you from using your cash on the book? I mean, you have a sizable kitty or war chest. If you think that growth is not that great, what is stopping you from acquiring growth?
No, nothing is stopping us actually. And in fact, we are in the process of evaluating several acquisition opportunities that are there on the table.

Some of them have progressed as well right in the last few months. We are not close to signing anything at this point in time but there is an evaluation process underway at this point in time. We will probably have more updates once the quarter is over and we are able to share the results.

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