Prabhudas Lilladher: L&T Infotech Analyst Meet Update - Betting On Cloud, Data Products
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Prabhudas Lilladher Report
Larsen and Toubro Infotech Ltd. is on track to deliver industry leading growth with strong broad based deal pipeline at $1.9 billion up 62% YoY, they announced a net new deal worth $205 million.
The company has identified Cloud (addressable market of one billion dollar over three years) and Products (market size $15 billion) as the growth engines for the future.
The company will continue to invest in digital capabilities and strengthen their sales and marketing team and at the same time maintain stable profit after tax margin of 14-15%.
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