Wipro shares drop 7 per cent as firm reports 9% decline in Q2 profit \
2 min read
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Wipro shares drop 7 per cent as firm reports 9% decline in Q2 profit

13-Oct-2022
New Delhi [India], October 13 (ANI): The shares of Wipro were trading at Rs378.95 at 12.56 pm in the afternoon, down 7.11 per cent from the previous close. The IT major reported a decline of 9.27 per cent in its consolidated profit after tax at Rs2,659 crore for the quarter ended September 2022. The PAT of the firm was Rs2,930 crore in the year-ago period.
13-Oct-2022 Business
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How WebEngage is revolutionising customer engagement for D2C brands \
5 min read
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How WebEngage is revolutionising customer engagement for D2C brands

23-Jun-2022
New Delhi [India], June 23 (ANI/Mediawire): WebEngage is a new-age Retention Operating System, a single suite for marketers to store user data, provide actionable insights, and orchestrate omnichannel campaigns by leveraging user insights to provide a hyper-personalised end-user experience.
23-Jun-2022 Business
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Zomato Q4 net loss widens to Rs 359 crore \
2 min read
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Zomato Q4 net loss widens to Rs 359 crore

23-May-2022
Mumbai (Maharashtra) [India], May 23 (ANI): Food aggregator Zomato Limited on Monday reported a net loss of Rs 359 crore for the quarter ended March 2022, more than double the loss of Rs 134 crore recorded in the corresponding period of the last year.
23-May-2022 Business
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Poonawalla Fincorp Limited records Consolidated PAT of Rs 375 Cr in FY22 \
5 min read
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Poonawalla Fincorp Limited records Consolidated PAT of Rs 375 Cr in FY22

13-May-2022
Pune (Maharashtra) [India], May 13 (ANI/BusinessWire India): The Board of Directors (Board) of Poonawalla Fincorp Limited (PFL), a non-deposit taking systemically important NBFC focusing on consumer and small business finance, today announced its audited results for the year ended Mar 31, 2022.
13-May-2022 Business
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LTI FY22 Revenue at USD 21 billion growth of 259 Q4 FY22 USD Revenues up 275 YoY \
9 min read
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LTI FY22 Revenue at USD 21 billion growth of 259 Q4 FY22 USD Revenues up 275 YoY

20-Apr-2022
MUMBAI India April 19 2022 PRNewswire -- Larsen Toubro Infotech BSE code 540005 NSE LTI a global technology consulting and digital solutions company announced its Q4 FY22 and full year FY22 results today Q4 FY22 In US Dollars Revenue at USD 5704 million growth of 31 QoQ and275 YoY Constant Currency Revenue growth of 36 QoQ and290 YoY In Indian Rupees Revenue at INR 43016 million growth at 40 QoQ and 316 YoY Net Income at INR 6375 million growth of 41 QoQ and168 YoY Full year FY22 In US Dollars Revenue at USD 21025 million growth of 259 YoY Constant Currency Revenue growth of 258 YoY In Indian Rupees Revenue at INR 156687 million growth at 267 YoY Net Income at INR 22985 million Net Income growth at 186 YoY Capital Return Final Dividend of INR 30 per share Dividend pay-out ratio of 419 for the year ROE of 285 for the year We are delighted to cross the USD 2 billion revenue milestone with record growth of 26 in FY22 our strongest since listing Our growth has been broad-based across verticals service lines client buckets and geographies The year has seen the highest new client openings and net headcount additions In Q4 FY22 we won 4 large deals with net new TCV of over USD 80 million Our deal pipeline continues to be robust and we remain confident of maintaining industry leading growth in the coming year as well - Sanjay Jalona Chief Executive Officer Managing Director Recent Deal Wins - Selected by a Global Fortune 500 financial services company for an end-to-end managed services engagement involving transformation governance and support for middleware and data as part of their global technology function - A Global Fortune 500 corporation a leading provider of ratings benchmarks analytics and financial data has selected LTI as its primary partner for an engagement involving data and digital services to integrate its data platforms with its recent acquisition - Selected by a Global Fortune 500 consumer goods company as their strategic partner for data and analytics work to transform and gain insights across their most critical business functions of manufacturing supply chain marketing and creation of a metadata hub - Engaged by a key government body in the public healthcare space to develop an eco-system and technology infrastructure providing storing and improving access to relevant public data and supporting public health insurance programs - Selected by a large metals and mining company for an ERP managed services engagement involving key business modules like transportation management technology customer and supplier engagement across its legal entities and over 40 operating units - Selected by a property and casualty insurance provider based in North America to integrate core systems and financial data for multiple lines of business across numerous subsidiaries into a centralized enterprise data warehouse - A top healthcare provider in the Middle East has selected LTI through its strategic partnership with a regional leader for support on its security and network operation center - A large bank has selected LTI to revamp its website to cover all aspects of a digital experience hosting in cloud and maintenance - A global financial services company in Europe has selected LTI to outsource its client servicing desk and build a digital workspace for its employees - Selected by a Global Fortune 500 corporation engaged in the supply of IT infrastructure products and services to upgrade its SAP S4HANA ERP platform - Selected by a global security services firm to set up a digital command center to monitor Infrastructure and network and ensure minimal disruption - Selected by a North American utility company to manage core applications and operations systems to ensure streamlining of SLAs and adherence to business KPIs reduction of costs and efficiency in operations Awards and Recognitions - LTI Recognized as Leader Across all Six Quadrants in the ISG Provider Lens AWS Ecosystem Partners Report USA 2021 - LTI Positioned as a Leader and Star Performer in Everest Groups Duck Creek IT Services PEAK Matrix Assessment 2022 - LTI in ITS Top 10 list in Everest Groups PEAK Matrix IT Service Provider of the Year 2022 - LTI Ranked 1 in Top ITS Challengers list in Everest Groups PEAK Matrix IT Service Provider of the Year 2022 - LTIs Fosfor Optic recognized in The Forrester Now Tech Enterprise Data Fabric Q1 2022 report - LTIs Fosfor Refract recognized in The Forrester Now Tech AIML Platforms Q1 2022 report Other Business Highlights - The Board of Directors at its meeting held on April 19th 2022 have recommended a final dividend of INR 30 per equity share Face value of INR 1 for the financial year 2021-22 Total dividend for FY22 is INR 55 per equity share including the interim dividend of INR 15 and special dividend of INR 10 per equity share declared in October 2021 and July 2021 respectively - LTI has been ranked 22 among the top 25 most valuable IT services brands in the Brand Finance IT Services 25 2022 ranking - LTI CEO Sanjay Jalona adjudged the Best CEO 2022 in the ITITES category by Business Today - LTI received Gold recognition from EcoVadis for ESG practices including environment labor and human rights ethics and sustainable procurement - Optic by Fosfor Named Data Catalog Solution of the Year in 2022 Data Breakthrough Awards - LTI Expands its Presence in the USA with a New Engagement Center in Hartford CT About LTI LTI NSE LTI is a global technology consulting and digital solutions Company helping more than 485 clients succeed in a converging world With operations in 33 countries we go the extra mile for our clients and accelerate their digital transformation with LTIs Mosaic platform enabling their mobile social analytics IoT and cloud journeys Founded in 1997 as a subsidiary of Larsen Toubro Limited our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries Each day our team of more than 45000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers employees and shareholders Find more at httpwwwLntinfotechcom or follow us at LTIGlobal Earnings Conference Call and Audio Webcast Apr 19th 2022 0800 PM IST Please dial the below number at least 5-10 minutes prior to the conference schedule to ensure that you are connected to your call in time Universal Access Number 91 22 6280 1107 91 22 7115 8008 International Toll Number USA 13233868721 UK 442034785524 Singapore 6531575746 Hong Kong 85230186877 Replay of Conference Call Available after 1 hour from the call end time until April 26th 2022 Playback Code 52245 Dial-in Number India 91 22 7194 5757 91 22 6663 5757 USA Toll Free 18332898317 UK Toll Free 8007563427 Singapore Toll Free 8001012510 Hong Kong Toll Free 800965553 Audio Webcast The audio from the conference call will be available online through a webcast and can be accessed at the following link httpslinksccwebcastcomEventIdLTI20220419 Click here for your DiamondPass DiamondPass is a Premium Service that enables you to connect to your conference call without having to wait for an operator If you have a DiamondPass click the above link to associate your pin and receive the access details for this conference If you do not have a DiamondPass please register through the link and you will receive your DiamondPass for this conference Logo httpsmmaprnewswirecommedia1044154LTILogojpg PWR PWR
20-Apr-2022 National
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LTI constant currency revenues grow 92 QoQ and 301 YoY Net profit up by 180 YoY \
8 min read
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LTI constant currency revenues grow 92 QoQ and 301 YoY Net profit up by 180 YoY

20-Jan-2022
MUMBAI India Jan 19 2022 PRNewswire -- Larsen Toubro Infotech BSE 540005 NSE LTI a global technology consulting and digital solutions company announced its Q3 FY22 results today In US Dollars Revenue at USD 5530 million growth of 87 QoQ and 293 YoY Constant Currency Revenue growth of 92 QoQ and 301 YoY In Indian Rupees Revenue at INR 41376 million growth at 98 QoQ and 312 YoY Net Income at INR 6125 million growth of 110 QoQ and180 YoY We are happy to report 92 QoQ revenue growth in constant currency This is our best ever quarterly sequential growth since listing Our ongoing revenue momentum sets us up to deliver our highest year-over-year growth as a publicly listed company We continue to have incredible conversations with our customers on their digital transformation journeys - Sanjay Jalona Chief Executive Officer Managing Director Recent Deal Wins Selected by one of the largest global veterinary care practices and chain of North American pet clinics a new logo for a managed services deal involving cyber security and modernization of IT infrastructure including migration to cloud to gain operational efficiencies and transform clinic management and support Engaged by a Global Fortune 500 multinational pharma corporation to modernize and support its data platform ensuring speed and availability of real time data scalability for future expansion and optimized cost Selected by a Global Fortune 500 company and a world-wide leader in beauty and cosmetics for implementing its HR Transformation plan Based on Snowflake technology the engagement aims to augment next-gen HR Analytics capabilities one-stop-shop for data real-time access and mobile friendly solutions Engaged by a Global Fortune 500 energy company to provide Data Management as-a-Service for their Subsurface Platform ensuring efficient and seamless operations in a secure cloud-based environment Selected by a North American utility company for cloud transformation across data infrastructure security and ERP systems to build resilient and scalable IT infrastructure A world leader in semiconductor solutions partnered with LTI to rollout SAP S4HANA to one of their largest manufacturing sites to optimize business performance and improve business agility A financial services firm based in North America has selected LTI to build the necessary functionality to integrate support and migrate record keeping system onto the Unitrax platform This will ensure their distribution support and operations efforts are streamlined onto a single platform as well as improve time-to-market for new product launches Engaged by an insurance carrier to set up core systems and to design develop and support a digital platform enabling integration of applications with both external and internal systems Engaged by a global bank headquartered in Europe for digital transformation of its payment processing functionality in 12 countries from legacy systems ensuring scalability ability to process higher volumes streamlining and standardization LTI modernized the ERP platform and established a centralized and standardized e-commerce platform for a global mission critical flow control equipment manufacturer and has now been selected to manage applications to drive enhanced customer experience and revenue growth A large bank in Namibia has appointed LTI as its partner on its digital transformation journey LTI will revamp the integration layer with microservices enabling the bank to become cloud-ready digital leader in its chosen geographies in Africa Selected to partner with one of the largest banks in the Middle East on their wealth management transformation using Temenos Wealth Management Suite ensuring best practices efficiencies right shoring and a scalable model for future expansion Awards and Recognitions ISG Provider Lens Digital Business Solutions and Service Partners 2021 LTI Positioned as a Leader in Digital Business Consulting Services US LTI Positioned as a Leader in Digital Business Experience Services - US LTI Recognized as a Leader in Everest Groups Temenos IT Services PEAK Matrix Assessment 2022 LTI Positioned as a Major Player in IDC MarketScape Worldwide Managed Multicloud Services Vendor Assessment 2021 LTI Ranked 5th in HFS Top 10 Energy Services 2021 LTI Positioned as a Leader in Everest Groups Insurance Platforms IT Services PEAK Matrix Assessment 2022 LTI recognized in Gartner Report What Distinguishes Successful Service Providers in the Data and Analytics Services Market Twiggy Lo 28 October 2021 Fosfor Lumin the AI-powered augmented analytics product formerly LTI Leni recognized in The Forrester Report Augmented BI Holds New Promises But Its Still Early Days November 2021 Gartner does not endorse any vendor product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation Gartner research publications consist of the opinions of Gartners research organization and should not be construed as statements of fact Gartner disclaims all warranties expressed or implied with respect to this research including any warranties of merchantability or fitness for a particular purpose Other Business Highlights LTI has partnered with Securonix and Snowflake to strengthen its cybersecurity offerings and prevent sensitive data from growing threats as enterprises migrate to cloud LTI wins Top Performing Partner Award at Red Hat India About LTI LTI NSE LTI is a global technology consulting and digital solutions Company helping more than 475 clients succeed in a converging world With operations in 33 countries we go the extra mile for our clients and accelerate their digital transformation journeys Founded in 1997 as a subsidiary of Larsen Toubro Limited our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries Each day our team of more than 40000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers employees and shareholders Find more at httpwwwLntinfotechcom or follow us at LTIGlobal Earnings Conference Call and Audio Webcast Jan 19th 2022 0800 PM IST Please dial the below number at least 5-10 minutes prior to the conference schedule to ensure that you are connected to your call in time Universal Access Number 91 22 6280 1107 91 22 7115 8008 International Toll Number USA 13233868721 UK 442034785524 Singapore 6531575746 Hong Kong 85230186877 Replay of Conference Call Available after 1 hour from the call end time until January 24th 2022 Playback Code 40131 Dial-in Number India 91 22 7194 5757 91 22 6663 5757 USA Toll Free 18332898317 UK Toll Free 8007563427 Singapore Toll Free 8001012510 Hong Kong Toll Free 800965553 Audio Webcast The audio from the conference call will be available online through a webcast and can be accessed at the following link httpslinksccwebcastcomEventIdLTI20220119 Click here for your DiamondPass DiamondPass is a Premium Service that enables you to connect to your conference call without having to wait for an operator If you have a DiamondPass click the above link to associate your pin and receive the access details for this conference If you do not have a DiamondPass please register through the link and you will receive your DiamondPass for this conference Logo httpsmmaprnewswirecommedia1044154LTILogojpg PWR PWR
20-Jan-2022 National
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LTI constant currency revenues grow 9.2% QoQ and 30.1% YoY; Net profit up by 18.0% YoY \
7 min read
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LTI constant currency revenues grow 9.2% QoQ and 30.1% YoY; Net profit up by 18.0% YoY

20-Jan-2022
Mumbai (Maharashtra) [India], January 20 (ANI/PRNewswire): Larsen & Toubro Infotech (BSE 540005) (NSE: LTI), a global technology consulting and digital solutions company, announced its Q3 FY22 results today.
20-Jan-2022 Business
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