L&T Infotech - Growth Outlook Turbocharged By Cloud Spend: Motilal Oswal
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Motilal Oswal Report
We attended Larsen and Toubro Infotech Ltd.’s analyst day, where the management reiterated its guidance for strong broad-based growth for the coming three to five years and highlighted ‘The Great Restructuring’ as a key driver of the demand tailwind.
The management remains confident about this growth trajectory and mentioned six factors that would drive growth – demand, capability, talent, sales and marketing, team and operational resilience.
L&T Infotech continues to expect faster growth than the industry average growth of 9% plus as digital transformation led demand fuels client spending.
It sees talent as the only limiting factor in its aspiration to double revenues to $4 billion over the next few years.
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