Wiki source code of Larsen & Toubro Infotech Ltd

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4
5 = Company Overview =
6
7 Larsen & Toubro Infotech Ltd (NSE: LTI) is a global technology consulting and digital solutions company helping more than 420 clients succeed in a converging world. With operations in 32 countries, the company go the extra mile for its clients and accelerate their digital transformation with LTI’s Mosaic platform enabling their mobile, social, analytics, IoT and cloud journeys.{{footnote}}https://www.lntinfotech.com/company/#ourbeliefs{{/footnote}}
8
9 Founded 20 years ago as the information technology arm of the Larsen & Toubro group, its unique heritage gives it unrivaled real-world expertise to solve the most complex challenges of enterprises across all industries. The company has team of more than 30,000 enable its clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees and shareholders.
10
11 == Services ==
12
13 === Cloud ===
14
15 A large number of enterprises view Cloud as an effective way to transform their business for competitive advantage and improved customer engagement. Factors like speed, cost saving and faster deployment, are the most common drivers for cloud adoption. However, the success of cloud adoption primarily depends on an effective cloud strategy and migration methodology.{{footnote}}https://www.lntinfotech.com/services/cloud/cloud-iaas/{{/footnote}}
16
17 * Cloud IaaS
18 * Cloud SaaS
19 * Cloud Native
20
21 === Consulting ===
22
23 * Privacy
24 * OCM
25 * Blockchain
26 * Next Generation Workplace
27 * Design Studio
28
29
30 [[image:LTI.jpg]]
31
32
33 === Cloud and Infrastructure Services (CIS) ===
34
35 LTI’s Cloud and Infrastructure Services (CIS) provide reliable, efficient and proven cloud and digital infrastructure services to clients. The company primarily focus on next-generation technology enablement, automation, intent-driven IT, tool-based service delivery, and operational excellence.{{footnote}}https://www.lntinfotech.com/services/cloud-infrastructure-services/{{/footnote}}
36
37 Through its focus on the convergence of man and machine through its digital journey, by creating a plethora of solutions, the company cater to the new-age information technology. The company's CIS practice drives this through adaptive converged ops framework.
38
39 This framework is a convergence of cognitive tools and cross-skilled workforce, lined-up to manage its clients’ IT operations end-to-end.
40
41 LTI supports the global IT Infrastructure of many Fortune 100 companies. The company's success across client engagements can be attributed to automation, advanced Digital platforms and frameworks, in tandem with experience, talent, and tools required to help its clients create, run, and manage the next-generation IT Infrastructure.
42
43 === Testing and Assurance Services ===
44
45 TI’s Assurance Services practice, helps clients achieve continuous quality across their run, change and transformation initiatives. The company's Assurance Platform leverages Automation, DevOps practices, Cloud, Mobile and Advanced Data Analytics, to help you on your digital transformation journey, with seamless customer experience. It combines principles of process re-engineering with machine learning, cognitive computing and artificial intelligence, to boost the efficiency of the test authoring process and its execution.{{footnote}}www.lntinfotech.com/services/assurance-services/{{/footnote}}
46
47 The company's dire focus on continuous testing helps meet the demand for application agility.
48
49 The company's Assurance Services practice is transforming itself to become the best QA partner, bringing innovation and business benefits to clients. The company help testing teams reduce their effort significantly, by embedding its Assurance platform across the testing value chain. LTI is pioneers in providing Testing-as-a-Service (TaaS) to help businesses access on-demand validations, eliminating the cost of test environment management.
50
51 === Cyber Defense Resiliency Service ===
52
53 At LTI, the company know the ways to combat cyber risks, and have introduced the Cyber Defense Resiliency Service to ensure this. The company's service encompasses complete lifecycle, with cybersecurity services as the foundation tower for cybersecurity management and digital security services – its customized services for digital transformation. LTI’s Cyber Defense services are enabled by its integrated platform for Cyber Defense Resiliency that enables security orchestration and automation driven by analytics and machine learning and delivered through its Cyber Defense Resiliency Centres providing follow-the-sun coverage.{{footnote}}https://www.lntinfotech.com/services/cyber-security/{{/footnote}}
54
55 Cyber risks warrant an intelligent cyber defense resilient framework, empowered with enhanced visibility. This should be enabled with integrated monitoring & cyber analytics; proactive threat identification using threat hunting & deception; and adaptive responsiveness using automation & orchestration, encapsulated in a comprehensive cyber risk management program.
56
57 === Application Management ===
58
59 **Application Development & Maintenance**
60
61 onsequently, there is much demand for Application Development and Maintenance (ADM) Services, which focus on swift development, testing, deployment and management of high quality software. Enterprises also need effective Application Management Services to maintain and upgrade these apps. LTI helps companies rapidly launch and manage connected and intelligent applications, which provide a superior user experience, while reducing costs.{{footnote}}https://www.lntinfotech.com/services/applications-management/applications-development-maintenance/{{/footnote}}
62
63 LTI’s ADM Services include Application Development, Application Maintenance and Enhancements, Custom Solution Implementation, Legacy Modernization, Enterprise Application Integration and Data Transformation.
64
65 **System Integration**
66
67 System Integration Services that seamlessly consolidate disparate technology products and applications, including legacy platforms, can significantly reduce IT complexity and maximize firms’ ROI. LTI offers end-to-end solutions in ERP, Analytics & Information Management (AIM), Middleware and Infrastructure Management as part of its System Integration Services. The company help its global clients achieve business agility and process efficiency by closely aligning Enterprise IT Solutions with business imperatives.{{footnote}}https://www.lntinfotech.com/services/applications-management/system-integration/{{/footnote}}
68
69 LTI has established strong alliances with global technology giants like SAP, Oracle, Microsoft, IBM, as well as niche IT service providers. The company's software engineering laboratories and delivery models adhere to the ISO 9001, ISO27001, CMMI 5 and PCMM 5 standards, ensuring high quality services. The company bring together discrete systems, using techniques like Enterprise Application Integration and Business Process Management, to build competitive differentiators for its clients.
70
71 == Solutions ==
72
73 === Oracle ===
74
75 With Oracle products, you can optimize business workflows, boosting both customer and employee satisfaction, while reducing operational costs. An implementation partner that can align Oracle’s offerings with your specific business requirements, can help you achieve this. LTI, with its deep technology expertise and thorough understanding of industry verticals, has enabled several leading global companies to reap the advantages of Oracle enterprise applications.{{footnote}}https://www.lntinfotech.com/enterprise-solutions/oracle/{{/footnote}}
76
77 LTI offers a complete spectrum of services across the Oracle ecosystem. The company's dedicated Oracle Innovation and Solution Center (OISC) studies emerging technologies to see if they can be harnessed to develop high performance enterprise applications. As an Oracle Worldwide Platinum Partner and Business Accelerate Partner, LTI has access to the latest Oracle solutions, methodologies, and a dedicated team of experts to address business challenges across industry verticals.
78
79 === SAP ===
80
81 At LTI, the company believe S/4HANA brings the capabilities to transform an enterprise by enabling the business which is Elastic, Connected and Intelligent. Being the pioneer of the first SAP implementation in India, SAP has deep expertise coupled with an Engineering DNA, which enables its clients to build a robust digital ecosystem. The company's focus is to drive digital transformation and innovation to encourage faster decision making, transform experiences and bring greater visibility across the enterprise. Further, its Operate, to Transform Model helps its clients with execution excellence and deliver amplified outcomes.{{footnote}}https://www.lntinfotech.com/enterprise-solutions/sap/{{/footnote}}
82
83 LTI has a long-term relationship with SAP, which spans over 20+ years. LTI is Global Strategic Services Partners (GSSP) amongst the only 16 partners worldwide. This partnership has enabled it to co-innovate industry/LOB-specific preconfigured solutions and deliver ERP transformations in collaboration.
84
85 The company's service offerings are powered by its Mosaic Automation Platform, leveraging intelligent technologies like Automation, enabling business value maximization, cost efficiency and higher productivity across the entire SAP application lifecycle.
86
87 === Salesforce ===
88
89 LTI forged strong partnership with Salesforce.com and Salesforce eco-system partners like Apttus, PROs, etc., which enables it to stay on top of the latest innovations in the arena. These partnerships, coupled with its unparalleled experience in serving clients across industries, ensures that LTI delivers cutting-edge, resilient Cloud-based services and solutions to clients.{{footnote}}https://www.lntinfotech.com/enterprise-solutions/salesforce/{{/footnote}}
90
91 The company's business outcome-centered delivery approach powered by industry solutions and accelerators decrease Time to Market and help de-risk investments into Salesforce.com for its customers.
92
93 As a Silver Consulting Partner (Lightning Accredited), LTI works closely with Salesforce to help build solutions and accelerators that impart further value to the multiple processes of its clients’ businesses.
94
95 === Microsoft Dynamics 365 ===
96
97 Companies today need to scale at lightning-fast speed to truly ace the demands of the new-age consumer. Their road to business transformation necessitates robust business growth strategies, coupled with an infallible cost-effective framework for execution. At LTI, the company understand its clients’ evolving business needs to thrive in the digital era, and enrich their business transformation journey with Microsoft Dynamics 365 – CRM & ERP. Through its deep expertise across all modules of MS Dynamics 365, and IP-based unique tools & accelerators, the company help its clients lower their TCO and automate their existing business processes, to achieve operational efficiency and improve business growth year-on-year.{{footnote}}https://www.lntinfotech.com/enterprise-solutions/microsoft-dynamics/{{/footnote}}
98
99 With an extensive domain knowledge, customized solutions, and highly skilled subject matter experts, LTI’s Microsoft Dynamics 365 Practice has developed a proven enhanced sure-step methodology that revolutionizes its clients’ business growth through reduced TTM, improved customer experience, and an overall process efficiency. This in turn ensures that the company deliver complex projects with ease, and also achieve an SEI-5 quality standard every single time.
100
101 === Maximo ===
102
103 At LTI, the company take pride in being your thought partner, and understand the need for innovation to cater to your unique business model. LTI is an IBM Premier Business Partner, and are Gold Accredited in Asset Management. The company's Maximo Practice provides proven end-to-end services across the IBM Maximo suite. The company leverage its business and technology expertise, proven execution methodologies, and its strategic alliance with IBM, to give a winning edge to its clients.{{footnote}}https://www.lntinfotech.com/enterprise-solutions/maximo/{{/footnote}}
104
105 The company's rich experience spans across global implementation, upgrade, roll-out, application maintenance & support, integration, and consulting services. These include functional and technical assistance with reliability initiatives, and maintenance workflow processes.To provide its clients with accurate offerings, its dedicated Maximo Center of Excellence (CoE), studies emerging technologies, and identifies ways to leverage these for faster and best-fit solutions for its clients.
106
107 === JD Edwards ===
108
109 JD Edwards is a niche product, with deep functionalities in manufacturing & distribution, capital asset intensive projects & services, and consumer products. The business models of clients operating in these industry verticals are changing rapidly, due to digitalization, and the adoption of next-generation technologies. While the JD Edwards product today supports modern technologies, it is critical to have a credible partner to transform the JD Edwards landscape, and realize business value from the investments made.{{footnote}}https://www.lntinfotech.com/enterprise-solutions/oracle/jd-edwards/{{/footnote}}
110
111 As the world’s largest JD Edwards services provider, LTI is the preferred partner for enterprises to maximize the return on JD Edwards investments through its proprietary M.O.D (Modernization-Optimization-Digitization) framework, coupled with deep domain expertise and innovative business models. The company's experience can – modernize spend by leveraging Mosaic-based Automation platform (built on the AI technology), optimize cost of operations by migrating the JD Edwards infrastructure to the cloud platform, and digitize operations through innovative platform offerings.
112
113 === LTI + Pega ===
114
115 LTI has strengthened its growing digital business with a suite of capabilities in Pega implementation space by acquiring Ruletronics. A pure-play Pega consulting and implementation company with offices in the UK, USA, and India, Ruletronics enables businesses to transform and evolve digitally by providing innovative BPM and CRM solutions. It enhances and strengthens LTI’s rapidly growing digital business through a suite of capabilities in Pega implementation space around establishing BPM Roadmap & Strategy, Customer Services, RPA and Decisioning.{{footnote}}https://www.lntinfotech.com/enterprise-solutions/pega/{{/footnote}}
116
117 = Industry Overview =
118
119 The strong digital foundation that Indian Technology Service Providers have built over the last decade underpinned the remarkable agility and resilience in responding to the COVID-19 crisis; ensuring business continuity for all global clients while prioritizing safety of its professionals.{{footnote}}https://www.lntinfotech.com/wp-content/uploads/2020/06/Annual-Report-FY2019-20.pdf{{/footnote}}
120
121 The Global IT-BPM market excluding hardware and ER&D grew 5.6% over last year and stood at USD 1.5 trillion in CY19. Indian IT-BPM industry revenues including hardware and ER&D spend stood at USD 191 billion in FY20. The industry added ~~USD 14 billion in incremental revenues last year, representing year-on-year growth of ~~ 7.7% in USD terms. IT-BPM export revenues for the industry for FY20 are expected to reach USD 147 billion, growth of 8.1% over the past year.
122
123 Share of Digital in industry revenues has jumped from ~~20% last year to now in the range of 26%-28%. Nine digital technology areas will emerge as fastest-growing and highest-impacting, with the combined potential to deliver one-third of the USD 100 trillion. The nine areas include three foundational technologies – Big Data and Analytics, Cloud.
124
125 Computing, and Cyber security – and six advanced technologies – Artificial Intelligence, Internet of Things, 3D Printing, Robotics, Blockchain, and Immersive Media
126
127 = Business Strategy =
128
129 Advent of newer and efficient technologies is driving extraordinary changes across different industry verticals all over the world. During these tumultuous shifts, there are early signs of winners who would outgrow their competitors and establish themselves as Breakaway Enterprises. The common thread across these companies is they are fast adopters of technology and are reshaping their organisation at a pace and agility that has not been witnessed in the past
130
131 At LTI, the company believe enterprises need to master four essential plays to be a breakaway leader. The company's go-to-market strategy that the company believe shall help enterprises to be a breakaway leader continue to be the same as the company had shared with you last year:
132
133 * Operate to transform - leveraging automation in everyday operations and solving for the unstated needs
134 * Data driven Organization - harnessing the power of analytics
135 * Experience Transformation for their customers and employees
136 * Digitize the Core by leveraging its real world know how of the client’s industry domain
137
138 LTI is continuously working towards strengthening the solve along these four plays by investing in people and sharpening its capabilities. The company's programmatic capability building focuses on hiring and re-skilling employees in digital technologies, developing vertical centric platforms, augmenting key partnerships and acquiring unique capabilities.
139
140 == Partnerships ==
141
142 In FY20, LTI further strengthened its partnership and alliances ecosystem. LTI received the AWS SAP Competency partner certification, positioning LTI in an exclusive list of AWS global partners. Elevation of LTI to “Gold” partnership with Pega and “Premier” partnership with MuleSoft showcase its resolve to remain relevant to its clients.
143
144 == Acquisitions ==
145
146 To further augment it’s digital capabilities, LTI announced two acquisitions in FY20. In July 2019, it acquired Lymbyc, a specialist in AI, machine learning and advanced analytics. The Lymbyc acquisition adds to LTI’s Mosaic platform offering. In October 2019, it acquired Powerup, a born-in-cloud company, with cloud consulting capabilities across all three leading cloud platforms – AWS, Microsoft Azure and Google Cloud. In addition to cloud consulting capabilities, Powerup also adds 2 AI products to LTI’s powerful suite of offerings.
147
148 == xFH – LTI Design for Thriving in the WFH Future ==
149
150 For the foreseeable future, WFH is the new global norm. As with any competitive landscape, some organizations will find ways to adapt and thrive under a fully distributed model, while others will unfortunately flounder
151
152 That’s what the xFH model is all about: helping organizations make sense of their own WFH model, understand the layers that comprise it, then drive meaningful and impactful interventions at each of those layers—and across all layers to ensure optimal business outcomes.
153
154 = Financial Overview =
155
156 == Income ==
157
158 The company's total income increased by 15.0% to Rs 112,078 Million for the year ended March 31, 2020 from Rs 97,481 Million for the year ended March 31, 2019
159
160 The company's revenue increased by 15.2% to Rs 108,786 Million for the year ended March 31, 2020 from Rs 94,458 Million for the year ended March 31, 2019, due to growth in CPG, Retail & Pharma (growth of 27.4%), Energy & Utilities (growth of 22.6%), Manufacturing (growth of 22.3%), Insurance (growth of 14.1%), Hi-Tech, Media & Entertainment (growth of 11.7%), Banking and Financial services (growth of 8.4%) and other verticals (growth of 1.6%).
161
162 The company's service revenue increased due to growth in Enterprise Integration & Mobility (growth of 31.0%); Enterprise Solutions (growth of 23.4%); Analytics, AI & Cognitive (growth of 21.8%), Infrastructure Services & Security (growth of 16.8%); AEG (growth of 5.2%) and Products & Platforms (growth of 1.9%).
163
164 **Other Income**
165
166 Other income primarily consists of income from foreign exchange gains (or losses), investments in mutual funds, interest received and miscellaneous income. Other income for the year ended March 31, 2020 was Rs 3,292 Million as against Rs 3,023 Million for the year ended March 31, 2019
167
168 == Expenses ==
169
170 The company's expenses include employee benefit expenses, operating expenses, finance costs, depreciation and amortization and other expenses. The company's total expenses increased by 19.2% to Rs 92,049 Million for the year ended March 31, 2020 from Rs 77,203 Million for the year ended March 31, 2019.
171
172 The company's operating expenses increased by 9.9% to Rs 21,506 Million for the year ended March 31, 2019 from Rs 19,573 Million for the year ended March 31, 2019 in line with business growth.
173
174 The company's employee benefit expenses increased by 19.2% to Rs 65,166 Million for the year ended March 31, 2020 from Rs 54,668 Million for the year ended March 31, 2019. The increase in the salaries was majorly due to increase in employee count in line with business growth, changes to employee mix and increments. This has also resulted in higher contribution to the provident fund, social security and payroll taxes.
175
176 The company's finance costs increased to Rs 826 Million for the year ended March 31, 2020 from Rs 106 Million for the year ended March 31, 2019 primarily due to increase in interest on lease liabilities.
177
178 The company's depreciation and amortization expense increase by 85.5% to Rs 2,730 Million for the year ended March 31, 2020 from Rs 1,472 Million for the year ended March 31, 2020, primarily due to amortization of Right to Use Asset recognized on adoption of IND AS 116 ‘Leases’.
179
180 Other expenses increased by 31.5% to Rs 1,821 Million for the year ended March 31, 2020 from Rs 1,384 Million for the year ended March 31, 2019. CSR expenses increased to Rs 460 Million for the year ended March 31, 2020 from Rs 224 Million for the year ended March 31, 2019, which includes contribution made by the Company of around Rs 180 Million to PM CARES Fund for COVID-19 relief measures. The contribution towards PM CARES Fund is exceeding CSR obligation for the year ending March 31, 2020 and accordingly, will be offset as part of CSR obligation arising in subsequent years. Legal & professional fees increased to Rs 1,196 Million for the year ended March 31, 2020 from Rs 921 Million for the year ended March 31, 2019.
181
182 == Profit ==
183
184 The company's profit before tax decreased by 1.2% to Rs 20,029 Million for the year ended March 31, 2020 from Rs 20,278 Million for the year ended March 31, 2019.
185
186 Current tax expense has decreased by 19.7% to Rs 3,913 Million for the year ended March 31, 2020 from Rs 4,875 Million for the year ended March 31, 2019 mainly on account of reduction in MAT rate in India from 18.5% to 15%. Deferred tax expense increased to Rs 911 Million for the year ended March 31, 2020 as against Rs 248 Million for the year ended March 31, 2019 primarily due to utilization of MAT asset during the year. Due to above, its total tax expense has reduced by 5.8% to Rs 4,824 Million for the year ended March 31, 2020 from Rs 5,123 Million for the year ended March 31, 2019.
187
188 As a result of the foregoing factors, its net profit increased by 0.3% to Rs 15,205 Million for the year ended March 31, 2020 from Rs 15,155 Million for the year ended March 31, 2019.
189
190 The company's Basic EPS has decreased by 0.25% to Rs 87.45 per share for the year ended March 31, 2020 from Rs 87.67 per share for the year ended March 31, 2019. The company's Diluted EPS has increased by 0.2% to Rs 86.61 per share for the year ended March 31, 2020 from Rs 86.43 per share in the year ended March 31, 2019.
191
192 == Key Financial Ratios ==
193
194 (% style="width:630px" %)
195 |(% style="width:270px" %)Ratios |(% style="width:103px" %)2019-20 |(% style="width:108px" %)2018-19 |(% style="width:146px" %)% Change in Ratio
196 |(% style="width:270px" %)DSO (Billed) |(% style="width:103px" %)77|(% style="width:108px" %)70|(% style="width:146px" %)9.90%
197 |(% style="width:270px" %)Current Ratio |(% style="width:103px" %)1.8|(% style="width:108px" %)2.1|(% style="width:146px" %)-15.40%
198 |(% style="width:270px" %)Operating Profit Margin ~(%) |(% style="width:103px" %)16.10%|(% style="width:108px" %)18.40%|(% style="width:146px" %)-12.20%
199 |(% style="width:270px" %)Net Profit Margin ~(%) |(% style="width:103px" %)14.00%|(% style="width:108px" %)16.00%|(% style="width:146px" %)-12.90%
200 |(% style="width:270px" %)Return on Net Worth |(% style="width:103px" %)29.50%|(% style="width:108px" %)34.60%|(% style="width:146px" %)-14.70%
201
202 = Recent developments =
203
204 **February 6, 2020**; LTI Expands Strategic Partnership with OKQ8 Scandinavia{{footnote}}https://www.lntinfotech.com/wp-content/uploads/2020/02/Intimation.pdf{{/footnote}}
205
206 Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a global technology consulting and digital solutions company has expanded its engagement with OKQ8 AB Scandinavia. Over the next five years, this engagement will transform applications and infrastructure landscape with services that include Infrastructure-as-a-Service (IaaS), Security Services, Application Operations, Maintenance and Development, resulting in improved stability, availability, and predictability of IT operations.
207
208 Headquartered in Stockholm, OKQ8 is one of Scandinavia’s largest fuel companies with a turnover of over SEK 39 Bn and nearly 1,000 stations across Sweden and Denmark. LTI has been a partner of OKQ8 since 2017, and this expanded partnership is an outcome of impact delivered over these years. As a strategic partner, LTI will leverage its rich analytics, automation, and AI capabilities to deliver these services to OKQ8.
209
210 **Jun 23, 2020**; LTI to Launch Accelerated Migration Program for SAP-Based Enterprises with Amazon Web Services{{footnote}}https://www.lntinfotech.com/wp-content/uploads/2020/06/PressReleaseSigned-23-Jun-2020.pdf{{/footnote}}
211
212 Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company, today announced an Accelerated Migration Program for customers of SAP with Amazon Web Services (AWS). As part of this program, LTI will help customers move their SAP® ERP, SAP S/4HANA®, and other SAP workloads from on-premise to AWS leveraging its intelligent, automated, migration acceleration platform and services.
213
214 To enable faster migration to AWS, the program offers Discovery Module, Build and Deployment Module, and Validation Module to enterprises across industry segments. The Add-on components of the program include an SAP profiler, analyzer for SAP S/4HANA, Auto-code remediation for SAP HANA® compliance, Security Module and Smart Testing module with a vast repository of test scenarios and test cases.
215
216 **Jul 8, 2020**; LTI Launches Canvas, a Modern Software Engineering Platform for Remote & Hybrid Workforce of Future{{footnote}}https://www.lntinfotech.com/wp-content/uploads/2020/07/Intimationsigned.pdf{{/footnote}}
217
218 Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company has launched LTI Canvas, a modern software engineering platform that addresses critical need of enabling work from anywhere. LTI Canvas is an integrated platform that brings together various processes, tools and methodologies to drive technology and business outcomes in an environment where teams are operating in a distributed environment.
219
220 A resilient digital platform, LTI Canvas can help organizations improve their effectiveness and ability to innovate in a remote or hybrid environment. LTI Canvas is a bundle of Microsoft technologies and LTI solutions to help IT professionals across industries collaborate easily and stay productive. It is based on microservices architecture and leverages Microsoft platforms like Azure and Microsoft 365 including Teams, among others along with LTI’s Ways of Working solution stack. LTI Canvas streamlines processes like software development, support, transition, knowledge management, infrastructure management, and information security. It consolidates capabilities across Cloud, Agile, DevOps and Design Thinking leveraging AI/ML and analytics.
221
222
223 **L&T Infotech Standalone December 2020 Net Sales at Rs 2,965.50 crore, up 12.56% Y-o-Y **{{footnote}}https://www.moneycontrol.com/news/business/earnings/lt-infotech-standalone-december-2020-net-sales-at-rs-2965-50-crore-up-12-56-y-o-y-2-6375691.html{{/footnote}}
224
225 **January 21, 2021**; Reported Standalone quarterly numbers for Larsen & Toubro Infotech are:
226
227 * Net Sales at Rs 2,965.50 crore in December 2020 up 12.56% from Rs. 2,634.50 crore in December 2019.
228 * Quarterly Net Profit at Rs. 494.20 crore in December 2020 up 34.84% from Rs. 366.50 crore in December 2019.
229 * EBITDA stands at Rs. 744.60 crore in December 2020 up 33.58% from Rs. 557.40 crore in December 2019.
230 * L&T Infotech EPS has increased to Rs. 28.31 in December 2020 from Rs. 21.05 in December 2019.
231
232
233 = References =
234
235 {{putFootnotes/}}
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