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Larsen & Toubro Infotech Ltd - 540005 - Disclosure Of RPT For Half Year Ended September 30, 2022

In addition to our disclosure of RPT for half year ended September 30, 2022 in XBRL mode on October 29, 2022, we herein enclose a pdf copy of the same.
31-10-2022

Buy Larsen and Toubro Infotech; target of Rs 5525: ICICI Direct

ICICI Direct is bullish on Larsen and Toubro Infotech recommended buy rating on the stock with a target price of Rs 5525 in its research report dated October 16, 2022.
18-10-2022
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Q2FY23 Quarterly Result Announced for Larsen & Toubro Infotech Ltd.

Larsen & Toubro Infotech announced Q2FY23 results: In US$: Revenue at $ 601.0 million; growth of 3.6% QoQ and 18.1% YoY Constant Currency Revenue growth of 4.6% QoQ and 21.6% YoY In Rs: Revenue at Rs 48,367 million; growth of 6.9% QoQ and 28.4% YoY Net Income at Rs 6,798 million; growth of 7.2% QoQ and 23.2% YoY Sudhir Chaturvedi, President Sales & Executive Board Member said: “We are happy to report 21.6% YoY revenue growth in constant currency. We remain excited about the proactive conversations we are having with our customers and see increased traction in the cloud and analytics space. The strength of our pipeline and our sustained net headcount addition will continue to fuel our growth” Nachiket Deshpande, Chief Operating Officer & Executive Board Member said: “We are happy to be on the last leg of the approval process for the LTI Mindtree merger and are most likely to combine forces by the end of this calendar year. The merged company will bring together complimentary portfolios and a large customer base creating extraordinary value for all stakeholders.” Result PDF
17-10-2022
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