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  1. Business News
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  3. larsen toubro infotech

Larsen & Toubro Infotech

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L&T Technology Services CEO and MD Amit Chadha. (Image Source: Company)
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Larsen and Toubro Infotech, Larsen and Toubro Infotech growth, Larsen and Toubro Infotech outlook
‘We have good balance between efficiency dollars and business dollars’

L&T Infotech Q2 profit rises 23% y-o-y to Rs 680 cr

October 16, 2022 03:15 IST
The consolidated revenue from operations of Larsen and Toubro Infotech (LTI) grew by 28.39 per cent to Rs 4,836.7 crore during the reported quarter from Rs 3,767 crore in the year-ago period.
L&T Infotech Q2 net profit up 23 pc to Rs 680 cr

“We remain excited about the proactive conversations we are having with our customers and see increased traction in the cloud…

Updated: October 15, 2022 17:32 IST
“Your company continues to focus on shareholder value creation by divesting non-core assets, capturing cost efficiencies and leveraging technology for productivity gains. Our strategically diversified business portfolio, geographical dispersion, robust balance sheet and strong order book are signposts pointing to a brighter future,” Naik said.
L&T targets Rs 2.7-trillion group revenue by FY26, says chairman Anil Naik

“Our strategic five-year plan — Lakshya — continues to steer the company’s growth,” L&T chairman AM Naik said in his…

August 5, 2022 04:30 IST
Stocks to buy
L&T Infotech, IDFC First Bank stocks ready to rally, shows derivatives data; check target prices

Analysts have tracked derivatives data for the stocks and their historic volatility which leads them to believe that these two…

July 20, 2022 10:13 IST
LTI is better positioned than peers to gain wallet share courtesy strength in core modernization and digital capabilities. Stock at 24X FY2024E trades at full valuations.
Analyst Corner: ‘Reduce’ on L&T Infotech with fair value of Rs 4,150

Retain ‘reduce’: LTI is among better placed mid-tier IT companies heading into a possible slowdown/recessionary scenario.

July 16, 2022 05:30 IST
However, the company’s earnings beat Bloomberg analysts’ consensus estimate, who were expecting the firm to post a net profit of Rs 578.6 crore in the first quarter of this financial year.
L&T Infotech reports marginal drop in Q1 net profit at Rs 634 crore

LTI’s consolidated revenue from operations rose 5.14% to Rs 4,522.8 crore from Rs 4,301.6 crore recorded during the previous March…

July 15, 2022 03:00 IST
As per the results of the internal employee survey, LTI, a subsidiary of Larsen & Toubro Limited, on Friday opened its first facility in Kolkata. It is planning to set up one more office in the city by this fiscal-end.
Larsen & Toubro Infotech evaluating multiple cities to grow footprint

“In India, we were in about five or six cities prior to the pandemic. We are now in nine cities.…

June 18, 2022 02:30 IST
We believe a rise in attrition in both companies due to the uncertainties surrounding the merger would be a key monitorable.
L&T Infotech & Mindtree merger: Synergies are higher at a revenue level

While the deal creates a formidable entity, there’s need to monitor near-term risks, especially attrition

May 10, 2022 03:15 IST
Mindtree LTM
L&T Infotech, Mindtree announce mega merger to create large-scale IT services player

Elaborating on the merger, Naik told reporters that DC Chatterjee will lead the merged entity.

May 6, 2022 16:51 IST
In this quarter, we won four large deals with a net new total contract view of over $80 million. Three of these are from existing Global Fortune 500 clients and one is a new logo. We added three clients to our $50-million bucket, six to our $20-million bucket and over 30 clients to our $1-million bucket.
Metaverse will take a bit more time for fruition: Sanjay Jalona, CEO & MD, Larsen & Toubro Infotech

Customers’ strategic spending on business transformation initiatives continues to be a key driver of demand.

May 3, 2022 04:50 IST

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Mumbai–Ahmedabad and Mumbai–Indore Special Trains extended
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