L&T Technology Services Limited

rs,

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

₹2,422 crore

&T Technology Services reports double-digit growth in revenue and profit in Q3FY24 Q3 Revenue of ₹2,422 crore, up 12% YoY and 2% QoQ Q3 Net profit of ₹336 crore, up 13% YoY Mumbai, January 16, 2024: L&T Tec

12%

vices reports double-digit growth in revenue and profit in Q3FY24 Q3 Revenue of ₹2,422 crore, up 12% YoY and 2% QoQ Q3 Net profit of ₹336 crore, up 13% YoY Mumbai, January 16, 2024: L&T Technology

2%

s double-digit growth in revenue and profit in Q3FY24 Q3 Revenue of ₹2,422 crore, up 12% YoY and 2% QoQ Q3 Net profit of ₹336 crore, up 13% YoY Mumbai, January 16, 2024: L&T Technology Services Li

₹336 crore

revenue and profit in Q3FY24 Q3 Revenue of ₹2,422 crore, up 12% YoY and 2% QoQ Q3 Net profit of ₹336 crore, up 13% YoY Mumbai, January 16, 2024: L&T Technology Services Limited (BSE: 540115, NSE: LTTS),

13%

ofit in Q3FY24 Q3 Revenue of ₹2,422 crore, up 12% YoY and 2% QoQ Q3 Net profit of ₹336 crore, up 13% YoY Mumbai, January 16, 2024: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s

₹24,218 million

lts for the third quarter ended December 31, 2023. Highlights for Q3FY24 include: • Revenue at ₹24,218 million; growth of 12% YoY and 2% QoQ • USD Revenue at $290.7 million; growth of 11% YoY and 1% QoQ • EBI

290.7 million

for Q3FY24 include: • Revenue at ₹24,218 million; growth of 12% YoY and 2% QoQ • USD Revenue at $290.7 million; growth of 11% YoY and 1% QoQ • EBIT margin at 17.2% • Net profit at ₹3,362 million; growth of 13

11%

evenue at ₹24,218 million; growth of 12% YoY and 2% QoQ • USD Revenue at $290.7 million; growth of 11% YoY and 1% QoQ • EBIT margin at 17.2% • Net profit at ₹3,362 million; growth of 13% YoY During

1%

4,218 million; growth of 12% YoY and 2% QoQ • USD Revenue at $290.7 million; growth of 11% YoY and 1% QoQ • EBIT margin at 17.2% • Net profit at ₹3,362 million; growth of 13% YoY During the quarter

17.2%

12% YoY and 2% QoQ • USD Revenue at $290.7 million; growth of 11% YoY and 1% QoQ • EBIT margin at 17.2% • Net profit at ₹3,362 million; growth of 13% YoY During the quarter, LTTS signed a total of six

₹3,362 million

SD Revenue at $290.7 million; growth of 11% YoY and 1% QoQ • EBIT margin at 17.2% • Net profit at ₹3,362 million; growth of 13% YoY During the quarter, LTTS signed a total of six USD 10 million plus TCV deals a

“We reaffirm our USD revenue growth guidance of 17.5%-18.5% in constant currency.”

“• For a leading semiconductor company, LTTS will be providing full stack engineering services including Design For Testability (DFT), and Design Verification (DV) for a range of the customer’s System on Chip (SOC) and Intellectual Property (IP) designs.”

“LTTS will deliver services in systems engineering and software development for diverse programs.”

“Integrated Village Development Project In the draught-prone area of Beed, Maharashtra, an Integrated Village development project has been implemented by LTTS focusing on Watershed management, improved agricultural practices, and the empowerment of community institutions like Self Help groups and Farmer Producer Organizations.”

Highlights and Recognitions

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Media Contact

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For more information please contact

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Highlights and Recognitions

• Zinnov rates LTTS in the leadership zone across 14 Engineering domains: o Rated as leaders in Overall 2023 ER&D Services o Digital Engineering Services, Data & AI Engineering Services and Industry 4.0 Ratings 2023 o Leadership across Automotive, Aerospace, Electrification, Industrial, Telecom, Semiconductors, and Telehealth 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 • Chosen as the Most Preferred Workspace 2023 - 24 in the IT/ ITES category by Marksmen Daily • The second annual Digital Engineering Awards, co-hosted by ISG, L&T Technology Services, and CNBC-TV18, celebrated organizations and individuals from 10 diverse sectors operating across North America, Europe, and the Asia Pacific. The awards witnessed a record 209 nominations across all categories. Women-in-Tech saw a big boost at the Digital Engineering Awards with the nominations from women engineers doubli

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 CHANGETHIRD QUARTER | FY 24 RESULTSInvestor Release | Mumbai, India, January 16, 2024 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 24 - QUARTERLY RESULT FINANCIAL HIGHLIGHTS REVENUE IN INR • Revenue of ₹24,

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 24 - QUARTERLY RESULT Copyright © L&T Technology Services