The proposed acquisitions are strategic steps for expansion & diversification into digital media segments.
L&T Infotech Ltd reported 31.24% growth in total revenues for the Dec-21 quarter on consolidated basis at Rs4,138cr
The year-on-year (YoY) performance of 10 of the 15 high-frequency indicators improved in December 2021 compared to November 2021, such as the generation of GST e-way bills, non-oil merchandise exports, electricity generation, two-wheeler output as well as aggregate deposits and non-food credit of scheduled commercial banks.
The Independent Directors also highlighted a unilateral change in conditions of highway loan worth Rs 150 crore by the company. The company is examining the matter highlighted.
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