Larsen & Toubro Infotech Ltd - 540005 - Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Attached13-11-2020
Larsen & Toubro Infotech Ltd - 540005 - Cessation Of Director - Revised
Pursuant to Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Mr. Arjun Gupta (DIN: 07320919), Independent Director of the Company, who was appointed for a term of five years from October 28, 2015 to October 27, 2020, ceases to be a Director of the Company, effective from closure of business hours from today on account of completion of his term of office.27-10-2020
LT Infotech fully valued, watch out for correction to add
Valuation of LTI is now extremely rich among its peer group. We would look for correction to add this stock for the long term22-10-2020
Earnings Call Transcript - Q2FY21 for L&T Infotech
Conference Call with L&T; Infotech (LTI) Management and Analysts on Q2FY21 Performance and Outlook. Listen to the full earnings transcript.21-10-2020
IT company L&T; Infotech's Q2 net profit rises 27% to Rs 457 crore
IT company L&T Infotech (LTI) on Tuesday reported a 26.7 per cent increase in consolidated net profit to Rs 456.8 crore for the quarter ended September 2020. This is against a net profit of Rs 360.4 crore in the same period a year ago, LTI said in a statement. Its revenue grew 16.6 per cent to Rs 2,998.4 crore in the reported quarter from Rs 2,570.7 crore in the year-ago period. Sequentially, the net profit was up 9.7 per cent, while the topline rose 1.7 per cent. In constant currency terms, revenue increased 2.3 per cent quarter-on-quarter and 10.5 per cent year-on-year. "We are pleased to report 11.2 per cent y-o-y growth in revenues and 26.7 per cent y-o-y growth in net profit in Q2. We are also happy to announce a large deal with net new TCV (total contract value) in excess of USD 40 million in analytics," LTI Chief Executive Officer and Managing Director Sanjay Jalona said. The company's large deal pipeline remains strong and it sees increased traction in digital, cloud and .20-10-2020