Mon, Mar 29, 2021
L&T Technology Services’ management is confident of delivering strong revenue growth going ahead, given rising spends on digital engineering, prudent client mining strategy, broader vertical mix, internal change in portfolio mix, aggressive strategy to participate in customers’ cost take-out initiatives, and increased outsourcing activities. L&T Technology Services has been strengthening its capabilities in digital technologies across all its verticals to capture the opportunities.
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Mon, Jan 30, 2017
A CLSA report stated that L&T's profit after tax (PAT) was in-line but was much better in quality. "Also, the company's margin was so good that even after provisions of Rs 370 crore it delivered PAT growth of 39% YoY. Inflow (-8%) and execution (+1.4%) were disappointing," CLSA said.
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