L&T Technology Services Limited

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Complex 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 Investor Release

₹2,387 crore

nology Services reports strong revenue, deal wins and margin performance in Q2FY24 Q2 Revenue of ₹2,387 crore, up 5% YoY and 4% QoQ Q2 Net profit of ₹315 crore, up 5% YoY Mumbai, October 17, 2023: L&T Techn

5%

eports strong revenue, deal wins and margin performance in Q2FY24 Q2 Revenue of ₹2,387 crore, up 5% YoY and 4% QoQ Q2 Net profit of ₹315 crore, up 5% YoY Mumbai, October 17, 2023: L&T Technology S

4%

ng revenue, deal wins and margin performance in Q2FY24 Q2 Revenue of ₹2,387 crore, up 5% YoY and 4% QoQ Q2 Net profit of ₹315 crore, up 5% YoY Mumbai, October 17, 2023: L&T Technology Services Lim

₹315 crore

d margin performance in Q2FY24 Q2 Revenue of ₹2,387 crore, up 5% YoY and 4% QoQ Q2 Net profit of ₹315 crore, up 5% YoY Mumbai, October 17, 2023: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), I

₹23,865 million

s for the second quarter ended September 30, 2023. Highlights for Q2FY24 include: • Revenue at ₹23,865 million; growth of 5% YoY and 4% QoQ • USD Revenue at $288.1 million; growth of 2% YoY and 3.2% QoQ in con

288.1 million

for Q2FY24 include: • Revenue at ₹23,865 million; growth of 5% YoY and 4% QoQ • USD Revenue at $288.1 million; growth of 2% YoY and 3.2% QoQ in constant currency • EBIT margin at 17.1% • Net profit at ₹3,154

2%

Revenue at ₹23,865 million; growth of 5% YoY and 4% QoQ • USD Revenue at $288.1 million; growth of 2% YoY and 3.2% QoQ in constant currency • EBIT margin at 17.1% • Net profit at ₹3,154 million; grow

3.2%

₹23,865 million; growth of 5% YoY and 4% QoQ • USD Revenue at $288.1 million; growth of 2% YoY and 3.2% QoQ in constant currency • EBIT margin at 17.1% • Net profit at ₹3,154 million; growth of 5% YoY

17.1%

USD Revenue at $288.1 million; growth of 2% YoY and 3.2% QoQ in constant currency • EBIT margin at 17.1% • Net profit at ₹3,154 million; growth of 5% YoY • Interim Dividend of ₹17 per share; Record da

₹3,154 million

illion; growth of 2% YoY and 3.2% QoQ in constant currency • EBIT margin at 17.1% • Net profit at ₹3,154 million; growth of 5% YoY • Interim Dividend of ₹17 per share; Record date October 27, 2023 During the

₹17

• EBIT margin at 17.1% • Net profit at ₹3,154 million; growth of 5% YoY • Interim Dividend of ₹17 per share; Record date October 27, 2023 During the quarter, LTTS won a total of seven USD 10 milli

“We revise our USD revenue growth guidance for FY24 to 17.5%-18.5% in constant currency.”

“Under the multi-year engagement, LTTS will be supporting the customer with Embedded Software, Systems Engineering, Cybersecurity and V&V services.”

“• For a leading solutions provider of 5G wireless connectivity, LTTS will be establishing a 5G Center of Excellence, to provide support in RF Design, Hardware, Signal Processing algorithms and Systems Engineering.”

“• LTTS has won a engineering managed services project from a leading European fragrance, flavour ingredients and nutrition maker, to support the execution of its Capex program in France and Switzerland bringing flexibility, agility and time to market.”

“• A leading smart metering and digital solutions provider has awarded LTTS a project for smart metering covering 11 million consumers.”

“The winners will be announced during a gala awards celebration in Dallas, Texas.”

Highlights and Recognitions

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Media Contact

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Highlights and Recognitions

• Rated by ISG as leaders in Manufacturing Industry Services and Solutions 2023 - Digital Factory/Manufacturing Solutions, North America and Agile Product Development and Design Services • Positioned as leaders in Everest Group’s ACES Automotive Engineering Services PEAK Matrix® Assessment 2023 – Electric • Three smart city projects of LTTS received the prestigious RoSPA Gold Health & Safety Awards from The Royal Society for the Prevention of Accidents, UK 2023 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 • LTTS was named the Winner of the Golden Peacock Award for ESG, 2023 • FICCI awarded LTTS the HR Innovation Award for 2023 • The Indo American Chamber of Commerce felicitated LTTS CEO and MD, Amit Chadha as Corporate Leader of the Year, 2023 Patents At the end of Q2FY24, the patents portfolio of L&T Technology Services stood at 1198, out of which 785 are co-authored

Media Contact

Aniruddha Basu L&T Technology Services Limited E: Aniruddha.Basu@Ltts.com Anindita Sarkar L&T Technology Services Limited E: Anindita.Sarkar@Ltts.com 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 L&T TECHNOLOGY SERVICES LIMITEDENGINEERING THE CHANGESECOND QUARTER | FY 24 RESULTSInvestor Release | Mumbai, India, October 17, 2023 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 | Q2 FY 24 - QUARTERLY RESULT FINANCIAL HIGHLIGHTS REVENUE IN INR • Revenue of ₹23

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 | Q2 FY 24 - QUARTERLY RESULT Copyright © L&T Technology Services