L&T Infotech Annual Report Analysis - Remain Positive On Growth Consistency, Margin Stability: Dolat Capital
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Dolat Capital Report
Larsen and Toubro Infotech Ltd. continued its sector leading growth performance in FY21 and registered growth of 9.5% in dollar revenue for the year (Industry growth ~2%)).
Management believes that the company has witnessed great momentum for its offerings and pushed itself from being a challenger to a leader in the cloud, data and analytics space.
Chief Executive Officer in his address noted that in the last 100 years, there have been three mega economic events with a lasting global impact – the great depression in the first half of 20th century, the great recession in the early 21st century, and the pandemic -led – 'the great restructuring'.
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