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infrastructure | IST

L&T Infotech likely to see constant currency growth of 20% in Q3 and Q4, says CEO Sanjay Jalona

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Sanjay Jalona, MD& CEO of L&T Infotech, spoke to CNBC-TV18 about the company's growth prospects and business plans .

Sanjay Jalona, MD & CEO of L&T Infotech, spoke to CNBC-TV18 about the company's growth prospects and business plans .
Jalona is confident that the Q3 and Q4 constant currency growth would be good and closer to 20 percent year-on-year.
"From where we sit down when we look at the pipeline both in terms of the total pipeline and large deal pipeline, we would continue to be a growth company and be in the leaders quadrant of growth," Jalona said on Thursday.
"The large deal pipeline of close to $1 billion, which is up 25 percent from last year," said Jalona, adding that the deals are varying degrees of closure – some are starting, some are in presentation mode, some in final selection mode and some nearing closure.
With regards to margins, he said, "They would be around the 15 percent range despite rupee volatility."
 
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