L&T Technology Services Limited

rs,

ad, Powai, Mumbai-400072. www.ltts.com January 15, 2025 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 BSE Script Code: 540115 National Stock Exchange of India Limited E

9.5%

L&T Technology Services reports 9.5% YoY growth in Q3FY25 Highest ever large deal bookings Q3 Revenue of ₹2,653 crore, up 3.1% QoQ Q

₹2,653 crore

nology Services reports 9.5% YoY growth in Q3FY25 Highest ever large deal bookings Q3 Revenue of ₹2,653 crore, up 3.1% QoQ Q3 Net profit of ₹322 crore, up 0.9% QoQ Mumbai, January 15, 2025: L&T Technology S

3.1%

eports 9.5% YoY growth in Q3FY25 Highest ever large deal bookings Q3 Revenue of ₹2,653 crore, up 3.1% QoQ Q3 Net profit of ₹322 crore, up 0.9% QoQ Mumbai, January 15, 2025: L&T Technology Services L

₹322 crore

3FY25 Highest ever large deal bookings Q3 Revenue of ₹2,653 crore, up 3.1% QoQ Q3 Net profit of ₹322 crore, up 0.9% QoQ Mumbai, January 15, 2025: L&T Technology Services Limited (BSE: 540115, NSE: LTTS),

0.9%

ever large deal bookings Q3 Revenue of ₹2,653 crore, up 3.1% QoQ Q3 Net profit of ₹322 crore, up 0.9% QoQ Mumbai, January 15, 2025: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global

₹26,530 million

lts for the third quarter ended December 31, 2024. Highlights for Q3FY25 include: • Revenue at ₹26,530 million; growth of 3.1% QoQ and 9.5% YoY • USD Revenue at $312 million; growth of 3.1% QoQ and 8.7% YoY in

312 million

Q3FY25 include: • Revenue at ₹26,530 million; growth of 3.1% QoQ and 9.5% YoY • USD Revenue at $312 million; growth of 3.1% QoQ and 8.7% YoY in constant currency • EBIT margin at 16.2% excluding one-time no

8.7%

530 million; growth of 3.1% QoQ and 9.5% YoY • USD Revenue at $312 million; growth of 3.1% QoQ and 8.7% YoY in constant currency • EBIT margin at 16.2% excluding one-time non-operational M&A expense; up

16.2%

USD Revenue at $312 million; growth of 3.1% QoQ and 8.7% YoY in constant currency • EBIT margin at 16.2% excluding one-time non-operational M&A expense; up 110 bps QoQ • Net profit at ₹3,224 million;

110 bps

YoY in constant currency • EBIT margin at 16.2% excluding one-time non-operational M&A expense; up 110 bps QoQ • Net profit at ₹3,224 million; growth of 0.9% QoQ • 8 large deals: one USD 50 million, tw

₹3,224 million

margin at 16.2% excluding one-time non-operational M&A expense; up 110 bps QoQ • Net profit at ₹3,224 million; growth of 0.9% QoQ • 8 large deals: one USD 50 million, two USD 35 million, two USD 25 million, a

“We continue to aspire for EBIT margins to be better in H2 compared to H1, on our organic book of business.”

“For FY25, our guidance is for near 10% revenue growth in constant currency, including the contribution from Intelliswift.”

“We reaffirm our medium-term outlook of USD 2 billion revenue with EBIT margin of 17-18%.”

“The key CSR initiatives undertaken in Q3 FY25 include: Digitally empowering women in rural Karnataka, Tamil Nadu & Gujarat LTTS trained 450 rural women artisans in Karnataka, Tamil Nadu, and Gujarat, empowering them to thrive in the digital business ecosystem.”

Highlights and Recognitions

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Media Contact

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Highlights and Recognitions

• Recognized by CII as one of the Top 25 Companies Excelling in Women in STEM, 2024 • Zinnov has rated LTTS as a “Leader” in Digital Engineering and ER&D Services 2024 for Overall ER&D, Digital Engineering Services, Medical Devices, Industry 4.0 and Industrial • Honoured as the Government System Integration Partner of the Year FY24 at the Palo Alto Networks India & SAARC Partner Summit FY24 • Awarded the 2025 BIG Innovation Award in Transportation for AnnotAI by the US- based Business Intelligence Group • Recognised by Financial Express FuTech Awards 2024 for Best AR/VR Breakthrough and Best Use of Predictive/Prescriptive Analytics Patents At the end of Q3FY25, the patents portfolio of L&T Technology Services stood at 1,448, out of which 903 are co-authored with its customers and 545 are filed by LTTS. Human Resources At the end of Q3FY25, LTTS’ employee strength stood at 23,465. About L&T Technology Services Ltd L&T Technology Services (LTTS) is a global leader in engineering and tech

Media Contact

Aniruddha Basu L&T Technology Services Limited E: Aniruddha.Basu@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 CHANGETHIRD QUARTER | FY25 RESULTSInvestor Release | Mumbai, India, January 15, 2025 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 | Q3 FY 25 - QUARTERLY RESULT FINANCIAL HIGHLIGHTS REVENUE IN INR • Revenue of ₹26,530 million for the quarter; up 3.1% QoQ and up 9.5% YoY REVENUE IN USD • Rev

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 15 L&T TECHNOLOGY SERVICES | Q3 FY 25 - QUARTERLY RESULT Copyright © L&T Technology Services