Mumbai Maharashtra India Business Wire India FY22 Revenue of Rs 6570 crore up 21 YoY FY22 Net profit of Rs 957 crore up 44 YoY LT Technology Services Limited BSE 540115 NSE LTTS Indias leading pure-play engineering services company announced its results for the fourth quarter ended March 31 2021 Highlights for Q4FY22 include Revenue at Rs17561 million growth of 22 YoY USD Revenue at 232 million growth of 19 YoY in constant currency EBIT margin at 186 up 200 bps YoY Net profit at Rs 2620 million growth of 35 YoY Highlights for FY22 include Revenue at Rs 65697 million growth of 21 USD Revenue at 880 million growth of 20 in constant currency EBIT margin at 183 up 380 bps Net profit at Rs 9570 million growth of 44 Final dividend of Rs15 per share recommended by the Board During the quarter LTTS won a USD 100 million plus deal a USD 25 million plus deal and 4 other deals with TCV of USD 10 million plus Revenues from digital and leading-edge technologies stood at 57 during the quarter We achieved several milestones in FY22 a dollar revenue growth of 20 in constant currency record high operating margins and more than three-fold increase in patents filed by our engineers Our growth was broad based with all five segments growing in double digits and showing an improvement in operating margins We are making very good progress across our six bets in Q4 we won a 100mn plus deal in the EACV space - being chosen as the strategic engineering partner for a new age electric VTOL Vertical Takeoff and Landing aircraft program With this deal we have been able to extend our EACV success at Auto and Trucks Off Highway segments to Aerospace reflecting our multi-domain engineering expertise Our team of around 20000 engineers are excited about partnering with companies to herald new and breakthrough innovations As we start a new fiscal I am confident of our capability preparedness to capture greater mindshare and continue being the engineering partner of choice to the top ERD companies globally said Amit Chadha CEO Managing Director LT Technology Services Limited Awards Recognitions LTTS recognized as a Partner-level Supplier Supplier of the Year in John Deeres 2021 Achieving Excellence Program 2022 US BIG Innovation Awards recognized LTTS in Top Innovative Product of the Year category for its Point-of-Care Sepsis solution LTTS was ranked as 6 out of 54 service providers in Everest Groups Engineering Services PEAK Matrix Service Provider of Year Awards 2022 The 12th Aegis Graham Bell Awards honored LTTS in the Innovation in Cybersecurity category US-based Business Intelligence Group recognized LTTS as one of the Best Places to Work LTTS recognized with ASSOCHAM CSR Sustainability Excellence Award 2022 in the Healthcare category LTTS won Gold in BW Recycle Recycling for a Greener Tomorrow Award 2022 for its Solid Waste Management Program Patents At the end of Q4FY22 the patents portfolio of LT Technology Services stood at 868 out of which 605 are co-authored with its customers and the rest are filed by LTTS Human Resources At the end of Q4FY22 LTTS employee strength stood at 20861 About LT Technology Services Ltd LT Technology Services Limited LTTS is a listed subsidiary of Larsen Toubro Limited focused on Engineering and RD ERD services We offer consultancy design development and testing services across the product and process development life cycle Our customer base includes 69 Fortune 500 companies and 57 of the worlds top ERD companies across industrial products medical devices transportation telecom hi-tech and the process industries Headquartered in India we have over 20800 employees spread across 17 global design centers 28 global sales offices and 89 innovation labs as of March 31 2022 For more information please visit httpswwwlttscom PWR PWR

Bengaluru Karnataka India Business Wire India LT Technology Services Limited BSE 540115 NSE LTTS a leading global pure-play engineering services company announced that it has been selected as an engineering partner by Mavenir and NVIDIA to accelerate adoption of the industrys first converged AI-on-5G LTTS will support Mavenir with customization integration and deployment of AI applications for deployment on NVIDIAs AI-on-5G Platform AI is already transforming many industries across the globe When combined with the power of 5G networks the two technologies will enable powerful new use cases in a quick secure and cost-effective manner NVIDIAs AI-on-5G platform is a unified platform that brings together developments at the edge to accelerate the digital transformation of enterprises across all industries 5G provides the underlying connectivity for billions of devices extending AIs reach to all connected objects and enabling new use cases and new markets AI-on-5G is supported by a large ecosystem of partners offering a range of GPU-optimized applications and by NVIDIA SDKs toolkits and APIs Abhishek Sinha Chief Operating Officer Member of the Board LT Technology Services said 5G and AI are two inseparably linked technologies - both poised to significantly improve the performance of applications and solutions and enabling huge amounts of data to be processed in real-time We are delighted to support NVIDIA and Mavenir on this transformative initiative to offer powerful AI solutions that unlock the true potential of 5G Soma Velayutham Industry General Manager AI 5G NVIDIA said NVIDIA is building platforms to bring the power of AI to the edge to support enterprise transformation LTTS expertise in digital engineering will help accelerate the adoption of AI-on-5G platforms at the edge globally BG Kumar President Communication Services Business Group Mavenir said With the recent launch of Mavenirs Intelligent Video Analytics IVA Communications Service Providers CSPs and Enterprises can take advantage of seamless hyperconverged AI-on-5G applications enabled by Mavenirs deep knowledge in AI coupled with broad solutions expertise serving a diverse customer base Selecting LT Technology Services as an engineering partner will enable the technology to reach organizations on a global level and unleash the endless possibilities provided by 5G About LT Technology Services Ltd LT Technology Services Limited LTTS is a listed subsidiary of Larsen Toubro Limited focused on Engineering and RD ERD services We offer consultancy design development and testing services across the product and process development life cycle Our customer base includes 69 Fortune 500 companies and 57 of the worlds top ERD companies across industrial products medical devices transportation telecom hi-tech and the process industries Headquartered in India we have over 17900 employees spread across 17 global design centers 28 global sales offices and 72 innovation labs as of September 30 2021 For more information please visit httpswwwlttscom PWR PWR

Mumbai Maharashtra India Business Wire India Q2 Revenue of Rs 1608 crore up 22 YoY Q2 Net profit of Rs 230 crore up 39 YoY LT Technology Services Limited BSE 540115 NSE LTTS Indias leading pure-play engineering services company announced its results for the second quarter ended September 30 2021 Highlights for Q2FY22 include Revenue at Rs 16077 million growth of 22 YoY USD Revenue at 2174 million growth of 22 YoY EBIT margin at 184 up 470 bps YoY Net profit at Rs 2300 million growth of 39 YoY Special dividend of Rs 10 per share to mark the 5-year anniversary of LTTS IPO Record date October 27 2021 During the quarter LTTS won 5 deals with TCV of USD10 million plus which includes 2 USD25 million plus deals We had a strong quarter with 6 sequential growth in constant currency driven by healthy traction in digital engineering across all our five segments The rising digital adoption across our customer base has led to our revenue from digital leading-edge technologies increasing to 55 in Q2 Medical our youngest segment crossed 100mn in annualized revenue and is a testament to our differentiated domain expertise and strategic relationships We are seeing a healthy deal pipeline and good traction in our six big bets - Electric Autonomous Connected Vehicle EACV 5G Med-tech AI Digital Products Digital Manufacturing and Sustainability Our broad-based growth was accompanied by a rise in Operating margin which at 184 is the highest we have reported We will continue the journey of investing in innovation labs and capability building that has yielded us gains in market share and operating model efficiency said Amit Chadha CEO Managing Director LT Technology Services Limited Industry Recognitions LTTS has been recognized as a Leader in Everest Groups Autonomous Connected Electric Shared Mobility Automotive Engineering study NelsonHall positioned LTTS in the Leaders Category in Digital Manufacturing Services in its NEAT Leader 2021 study ISG Group rated LTTS as Leader in IoT Consulting Services and ITOT Tech Data Convergence LTTS Finance Team was honored for excellence in Consistent Liquidity Management by BW Businessworld CFO Finance Strategy Awards 2021 Stevies International Business Award adjudged LTTS SafeX DevOps framework as the winner in the Achievement in Product Innovation category LTTS won the prestigious Association for Talent Development ATD Best Award 2021 and was ranked No 1 for Talent Development practices Patents At the end of the second quarter the patents portfolio of LT Technology Services stood at 769 out of which 556 are co-authored with its customers and the rest are filed by LTTS Human Resources At the end of Q2FY22 LTTS employee strength stood at 17983 About LT Technology Services Ltd LT Technology Services Limited LTTS is a listed subsidiary of Larsen Toubro Limited focused on Engineering and RD ERD services We offer consultancy design development and testing services across the product and process development life cycle Our customer base includes 69 Fortune 500 companies and 57 of the worlds top ERD companies across industrial products medical devices transportation telecom hi-tech and the process industries Headquartered in India we have over 17900 employees spread across 17 global design centers 28 global sales offices and 72 innovation labs as of September 30 2021 For more information please visit httpswwwlttscom PWR PWR