L&T Technology Services Limited

rs,

mplex Bandra (East), Mumbai – 400 051. NSE Symbol: LTTS BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 BSE Script Code: 540115 Subject: Press Release and Earnings Confere

22%

ubsidiary of Larsen & Toubro Limited L&T Technology Services reports 22% revenue growth and record high margins in FY23 FY23 Revenue of ₹8,014 crore, up 22% YoY FY23 Ne

₹8,014 crore

T Technology Services reports 22% revenue growth and record high margins in FY23 FY23 Revenue of ₹8,014 crore, up 22% YoY FY23 Net profit of ₹1,170 crore, up 22% YoY Mumbai, April 26, 2023: L&T Technology S

₹1,170 crore

wth and record high margins in FY23 FY23 Revenue of ₹8,014 crore, up 22% YoY FY23 Net profit of ₹1,170 crore, up 22% YoY Mumbai, April 26, 2023: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), Ind

₹20,962 million

sults for the fourth quarter ended March 31, 2023. Highlights for Q4FY23 include:  Revenue at ₹20,962 million; growth of 19% YoY  USD Revenue at $255.1 million; growth of 12% YoY in constant currency  EBIT

19%

r ended March 31, 2023. Highlights for Q4FY23 include:  Revenue at ₹20,962 million; growth of 19% YoY  USD Revenue at $255.1 million; growth of 12% YoY in constant currency  EBIT margin at 18.7

255.1 million

Highlights for Q4FY23 include:  Revenue at ₹20,962 million; growth of 19% YoY  USD Revenue at $255.1 million; growth of 12% YoY in constant currency  EBIT margin at 18.7%  Net profit at ₹3,096 million; gr

12%

lude:  Revenue at ₹20,962 million; growth of 19% YoY  USD Revenue at $255.1 million; growth of 12% YoY in constant currency  EBIT margin at 18.7%  Net profit at ₹3,096 million; growth of 18% YoY

18.7%

19% YoY  USD Revenue at $255.1 million; growth of 12% YoY in constant currency  EBIT margin at 18.7%  Net profit at ₹3,096 million; growth of 18% YoY During the quarter, LTTS won a USD 40 million

₹3,096 million

at $255.1 million; growth of 12% YoY in constant currency  EBIT margin at 18.7%  Net profit at ₹3,096 million; growth of 18% YoY During the quarter, LTTS won a USD 40 million deal and three USD 10 million pl

18%

of 12% YoY in constant currency  EBIT margin at 18.7%  Net profit at ₹3,096 million; growth of 18% YoY During the quarter, LTTS won a USD 40 million deal and three USD 10 million plus TCV deals.

40 million

in at 18.7%  Net profit at ₹3,096 million; growth of 18% YoY During the quarter, LTTS won a USD 40 million deal and three USD 10 million plus TCV deals. Highlights for FY23 include:  Revenue at ₹80,136

“The combination of steady growth and expanding operating margin has led to an 18% CAGR in profits over the last 5 years.”

“For FY24, our guidance is for a USD constant currency revenue growth of 20% plus (10% plus organic growth).”

Media Contact

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For more information please contact

1

Media Contact

Aniruddha Basu L&T Technology Services Limited E: Aniruddha.Basu@LTTS.com T: +91-80-67675707 REGISTERED OFFICE: L&T House, N.M. Marg, Ballard Estate, Mumbai - 400 001 CIN: L72900MH2012PLC232169 www.LTTS.com info@LTTS.com Copyright © L&T Technology Services FOURTH QUARTER - FY 23 RESULTSL&T TECHNOLOGY SERVICES LIMITEDMumbai, India, April 26, 2023Investor Release ENGINEERING THE CHANGEDigital Manufacturing Sustainability5GAI & Digital ProductsMedTechEACV SAFE HARBOUR STATEMENT Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. L&T Technology Services Limited (LTTS) does not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf. PAGE 2 L&T TECHNOLOGY SERVICES | Q4 FY 23 - QUARTERLY RESULT FINANCIAL HIGHLIGHTS Q4 FY23 • Revenue of ₹

For more information please contact

Pinku Pappan Head, Investor Relations & M&A Email: pinku.pappan@LTTS.com For additional information about L&T Technology Services log on to www.LTTS.com PAGE 14 L&T TECHNOLOGY SERVICES | Q4 FY 23 - QUARTERLY RESULT Copyright © L&T Technology Services