L&T Infotech Analyst Meet Highlights - Aspire To Be $4 Billion Company In The Medium-Term: ICICI Direct
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ICICI Direct Report
Key highlights from Larsen and Toubro Infotech Ltd.'s analyst meet:
The company has hit quarterly annualised revenue run rate of $2 billion in Q2 FY22. It is aspiring to reach $4 billion annual revenue rate at faster pace than its precedent time period.
The company has reported industry leading growth in last five years and expect the same to continue going forward.
L&T Infotech’s large deal size is $2.07 billion, out of which new logos contribute 44% of the deal size.
The company is looking to re-invest the growth back to build up capabilities and talent and hence maintained profit after tax margin guidance band of 14-15%.
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