Business Standard

L&T Infotech hopes to clock double-digit revenue growth on large deals

After facing client-specific issues, IT firm's BFS and hi-tech vertical are likely to improve performance in H2FY20

Rupee, cash, money

Debasis Mohapatra Bengaluru
Despite facing client-specific issues in the last two quarters, mid-sized information technology (IT) services company Larsen & Toubro Infotech (LTI) is hopeful of posting double-digit growth in revenue in constant currency terms during the ongoing financial year.

The IT firm, which has seen some softness in the banking, financial services and insurance (BFSI) vertical, is also expecting rise in client spending in the second half of this financial year.

“Looking at the large deal ramp-up and our deal pipeline, we are going to grow in double digits (this financial year),” said Sanjay Jalona, chief executive officer & managing director at

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First Published: Oct 29 2019 | 11:24 PM IST

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