IDBI Capital: L&T Infotech Analyst Meet Takeaways - Focus On Resilience, Speed
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.
IDBI Capital Report
At its 2020 analyst day, Larsen & Toubro Infotech Ltd. reiterated its outlook for industry-leading revenue growth and net profit margin of 14-15% for FY21.
It targets to be a resilient enterprise and achieve this in every/any market condition. It targets to react and execute with speed to changes at the market place.
To address the opportunities in the market place due to the pandemic it has launched two new dedicated businesses units -- Cloud and Products.
The company also allayed concerns on slower large deal-wins in H1 FY21 and confirmed that it has secured couple of large deals in Q3.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.