Larsen & Toubro Infotech Q2FY22 Conference Call Highlights

Larsen & Toubro Infotech Q2FY22 Conference Call Highlights

Published on 20 October 2021
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Broad based demand across geographies and verticals.
The demand trend is likely to sustain for medium-term- 3 years.
(Next half of the year) H2 will be stronger as compared to H1.
Demand is because of discretionary spends and transformation happening across the sectors.
Fresher intake will increase to 5500+ for FY-22.
Most of the attrition is taking place in the 3 to 6 years’ experience bracket.
IT companies didn’t plan to hire in the last 3 to 4 years due to sluggish growth. Hence, increased supply-side issues for the IT companies currently.
Banks are shifting from operations and bank projects to modernization plans.
PAT guidance for the year (14% -15%).
Manufacturing demand is across the industry in terms of core digitization, data side- real-time decision making, automation.
Retail, CPG (consumer products and goods) and Pharma vertical will pick up in H2.

Originally Published On: https://blog.investyadnya.in/larsen-toubro-infotech-q2fy22-conference-call-highlights/

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