Integrated Filing — IndAS



General information about company

Scrip Code 540115
NSE Symbol LTTS
MSEI Symbol NOTLISTED
ISIN INE010V01017
Name of company L&T Technology Services Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 16-Jul-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-Jun-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 16-Jul-2025   13:45:00
End date and time of board meeting 16-Jul-2025   16:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 28660000000
Other income 677000000
Total income 29337000000
2 Expenses
(a) Cost of materials consumed 0
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0
(d) Employee benefit expense 15912000000
(e) Finance costs 165000000
(f) Depreciation, depletion and amortisation expense 811000000
(f) Other Expenses
1 Other Expenses 8124000000 8124000000
Total other expenses 8124000000
Total expenses 25012000000
3 Total profit before exceptional items and tax 4325000000
4 Exceptional items 0
5 Total profit before tax 4325000000
6 Tax expense
7 Current tax 1121000000
8 Deferred tax 43000000
9 Total tax expenses 1164000000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 3161000000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 3161000000
17 Other comprehensive income net of taxes -387000000
18 Total Comprehensive Income for the period 2774000000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 3157000000
Total profit or loss, attributable to non-controlling interests 4000000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 2769000000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 4000000
21 Details of equity share capital
Paid-up equity share capital 212000000
Face value of equity share capital 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 29.81
Diluted earnings (loss) per share from continuing operations 29.77
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 29.81
Diluted earnings (loss) per share from continuing and discontinued operations 29.77
24 Debt equity ratio 0
25 Debt service coverage ratio 0
26 Interest service coverage ratio 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Explanatory notes to the Consolidated Unaudited Statement of Financial Results for the nquarter ended June 30,2025 n n1. The consolidated unaudited statement of financial results for the quarter ended June 30, 2025 have nbeen reviewed by Audit Committee and approved by Board of Directors at its meeting held on July n16, 2025. The Statutory Auditors of the Company have carried out limited review on the above nresults in terms of Regulation 33 of the SEBI Listing Obligation and Disclosure Requirements nRegulations, 2015 the Regulation, as amended and expressed an unmodified conclusion. n n2. The consolidated unaudited statement of financial results of the Parent Company and its subsidiaries nGroup have been prepared in accordance with the recognition and measurement principles laid ndown in the Indian Accounting Standards as prescribed under section 133 of the Companies nAct, 2013 read with the relevant rules Issued thereunder and the other accounting principles ngenerally accepted in India. n n3. During the quarter ended June 30, 2025 the Company has allotted 94,725 equity shares of Rs. 2 each nfully paid-up respectively on exercise of stock options by employees in accordance with the nCompany's stock option scheme. n n4. Segments have been identified in accordance with Indian Accounting Standards Ind AS 108 on nOperating Segments, considering the risk/return profiles of the business, their organisational nstructure and internal reporting systems. nThe Segment composition: nMobility segment comprises Automotive, Commercial Vehicles and Aerospace verticals nSustainability segment comprises Industrial Machinery & Building Technology, Electric n& Power, MCG and Oil & Gas nTech segment comprises MedTech, Semiconductors, Consumer Electronics, Hyperscalers nand exGen Comm verticals. n n5. The Company & its subsidiary, L&T Technology Services LLC has acquired 100% stake effective nJanuary 3, 2025 in Intelliswift Software (India) Private Limited by the Company and Intelliswift nSoftware Inc. (by L&T Technology Services LLC). nThe financial results of the above mentioned companies have been consolidated from the date of nacquisition for the quarter and year ended March 31, 2025 and quarter ended June 30, 2025. n n7. The standalone unaudited statement of financial results are available on the website of the Company n(www.ltts.com) and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com). n n8. Figures for the previous periods have been regrouped/reclassified to conform to the classification of nthe current periods. n



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Mobility 8479000000 8479000000
2 Sustainability 8818000000 8818000000
3 Tech 11363000000 11363000000
Total Segment Revenue 28660000000
Less: Inter segment revenue 0 0
Revenue from operations 28660000000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Mobility 1293000000 1293000000
2 Sustainability 2415000000 2415000000
3 Tech 1015000000 1015000000
Total Profit before tax 4723000000
i. Finance cost 165000000 165000000
ii. Other Unallocable Expenditure net off Unallocable income 233000000 233000000
Profit before tax 4325000000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Mobility 0 0
2 Sustainability 0 0
3 Tech 0 0
Total Segment Asset 0 0
Un-allocable Assets 0 0
Net Segment Asset 0 0
4 Segment Liabilities
Segment Liabilities
1 Mobility 0 0
2 Sustainability 0 0
3 Tech 0 0
Total Segment Liabilities 0 0
Un-allocable Liabilities 0 0
Net Segment Liabilities 0 0
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) 6.The figures for the quarter ended March 31, 2025 are the balancing figures between audited figures nin respect of the full financial year and the limited reviewed year to date figures up to the quarter nended December 31, 2024. n nAssets and liabilities used in the Group's business are not identified to any of the reportable segment as these are used interchangeably. nUnallocable expenses includes majorly corporate expenses not allocated to segments.



Other Comprehensive Income

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Hedge and reirement benefit 84000000 84000000
2 Items that will be reclassified subsequently to the statement of profit or loss (net of tax) 0 0
Total Amount of items that will not be reclassified to profit and loss 84000000
2 Income tax relating to items that will not be reclassified to profit or loss 5000000
3 Amount of items that will be reclassified to profit and loss
1 tItems that will be reclassified subsequently to the statement of profit or loss (net of tax) -639000000 -639000000
Total Amount of items that will be reclassified to profit and loss -639000000
4 Income tax relating to items that will be reclassified to profit or loss -173000000
5 Total Other comprehensive income -387000000