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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.
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