New Delhi, May 26 -- LTM Ltd.'s first year under chief executive Venu Lambu has been marked by bigger bets on growth, even as the information technology sector grapples with uncertainty around artificial intelligence (AI)-led disruption and weak investor sentiment.

The Mumbai-based company, born out of the consolidation of Larsen & Toubro Infotech and Mindtree, had last week announced its first acquisition since listing in 2022, buying select Randstad business units for about $180 million. It also secured its largest deal to date in October-a six-year IT transformation contract worth $585 million from US entertainment company Paramount Global.

The company is now advancing its target of doubling revenue by a year to FY31, as Lambu argues...