ICICI Direct: L&T Infotech Analyst Meet Update - Cloud, Data, Large Deals Key Theme
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ICICI Direct: L&T Infotech Analyst Meet Update - Cloud, Data, Large Deals Key Theme

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

We attended the virtual analyst meet of Larsen and Toubro Infotech Ltd.

The company highlighted that it aspires to achieve one billion U.S. dollar in cloud revenues in the next three years from current 180 million U.S dollar implying 77% compound annual growth rate over the next three years from this unit.

In addition, the company has won a large deal in the United Arab Emirates amounting to approximately 760 million Arab Emirates dirham (~205 million U.S dollar) over the next six years.

Click on the attachment to read the full report:

ICICI Direct L&T Infotech Analyst Meet tUpdate.pdf

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