LTTS2024-10-012024-12-31 LTTS2024-10-012024-12-31 LTTS2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member LTTS2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member LTTS2024-12-31 LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue01Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue02Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue03Member LTTS2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue01Member LTTS2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue02Member LTTS2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue03Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults01Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults02Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults03Member LTTS2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults01Member LTTS2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults02Member LTTS2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults03Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets01Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets02Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets03Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member LTTS2024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member LTTS2024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member LTTS2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member LTTS2024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member LTTS2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member LTTS2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member LTTS2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member LTTS2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss02Member LTTS2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member LTTS2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member LTTS2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss03Member LTTS2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member LTTS2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member LTTS2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540115 LTTS NOTLISTED L&T Technology Services Limited Equity 2024-04-01 2025-03-31 2025-01-15 2024-12-31 INR Millions Third quarter 13:30:00 15:30:00 2025-01-15 2025-01-15 Not applicable Multi segment 2024-10-01 2024-12-31 Unaudited Consolidated 26530000000.00 335000000.00 26865000000.00 0.00 0.00 0.00 13951000000.00 155000000.00 728000000.00 7632000000.00 22466000000.00 4399000000.00 0.00 4399000000.00 1266000000.00 -62000000.00 1204000000.00 0.00 3195000000.00 0.00 0.00 0.00 0.00 3195000000.00 -456000000.00 2739000000.00 3224000000.00 -29000000.00 2768000000.00 -29000000.00 212000000.00 2 30.47 30.40 0.00 0.00 30.47 30.40 0.00 0.00 0.00 Explanatory notes to the Consolidated Unaudited Statement of Financial Results for the quarter and nine months ended December 31, 2024 1. The consolidated unaudited financial results for the quarter and nine months ended December 31, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on January 15, 2025. The statutory auditors of the Group have carried out limited review of the above consolidated unaudited financial results and have issued an unqualified limited review report. 2. During the quarter and nine months ended December 31, 2024, the Company has allotted 35,610 and 119,301 equity shares of Rs. 2 each fully paid-up on exercise of stock options by employees in accordance with the Company's stock option scheme. 3. Effective from April 1, 2024, the Operating Segments have been reorganized by the Company to streamline its organizational structure from five to three segments i.e. Mobility, Sustainability and Tech. The changes in segment composition is summarized as below: * Mobility segment comprises Automotive, Commercial Vehicles and Aerospace verticals (erstwhile “Transportation” segment) * Sustainability segment comprises Industrial Machinery & Building Technology, Electric & Power, FMCG and Oil & Gas (erstwhile “Plant Engineering and “Industrial Products” segments) * Tech segment comprises MedTech, Semiconductors, Consumer Electronics, Hyperscalers and NexGen Comm verticals (erstwhile “Telecom & Hitech” & “Medical Devices” segments) The segment related disclosures (i.e. segment revenue and segment results) for comparative periods have been reclassified to confirm with the presentation and reporting in the current period. 4. The Company & its subsidiary, L&T Technology Services LLC acquired 100% stake effective January 3, 2025 in (i) Intelliswift Software (India) Private Limited (by the Company) ; and (ii) Intelliswift Software Inc. (by L&T Technology Services LLC), for an aggregate consideration of up to USD 110 million. With this acquisition, LTTS will be strengthening its portfolio of offerings across Software Product Development, Platform Engineering, Digital Integration, Data and AI. 5. The standalone unaudited financial results are available on the website of the Company (www.ltts.com) and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com). 6. Figures for earlier periods have been regrouped, wherever necessary. Multi segment 2024-04-01 2024-12-31 Unaudited Consolidated 76877000000.00 1607000000.00 78484000000.00 0.00 0.00 0.00 41119000000.00 406000000.00 2237000000.00 21588000000.00 65350000000.00 13134000000.00 0.00 13134000000.00 3597000000.00 3000000.00 3600000000.00 0.00 9534000000.00 0.00 0.00 0.00 0.00 9534000000.00 -542000000.00 8992000000.00 9557000000.00 -23000000.00 9015000000.00 -23000000.00 212000000.00 2 90.31 90.13 0.00 0.00 90.31 90.13 0.00 0.00 0.00 Other Expenses 7632000000.00 Other Expenses 21588000000.00 Mobility 8578000000.00 Sustainability 8260000000.00 Tech 9692000000.00 Mobility 26360000000.00 Sustainability 23584000000.00 Tech 26933000000.00 26530000000.00 76877000000.00 26530000000.00 76877000000.00 Mobility 1646000000.00 Sustainability 2045000000.00 Tech 1422000000.00 Mobility 5057000000.00 Sustainability 6064000000.00 Tech 3501000000.00 5113000000.00 14622000000.00 155000000.00 406000000.00 559000000.00 Notes for segment information: a) Segments have been identified in accordance with Indian Accounting Standards ( Ind AS ) 108 on Operating Segments, considering the risk/return profiles of the business, their organisational structure and internal reporting systems. b) Property, plant and equipment used and liabilities contracted for performing the Group's business have not been identified to any of the above reported segments as the property, plant and equipment and services are used interchangeably among segments. 1082000000.00 4399000000.00 13134000000.00 Mobility 0.00 Sustainability 0.00 Tech 0.00 0.00 Mobility 0.00 Sustainability 0.00 Tech 0.00 0.00 0.00 0.00 Remeasurements of the defined benefit plans (net) -107000000.00 Income tax on remeasurements of the defined benefit plans 27000000.00 Remeasurements of the defined benefit plans (net) -86000000.00 Income tax on remeasurements of the defined benefit plans 26000000.00 -80000000.00 -60000000.00 0.00 0.00 Effective portion of gains and losses on hedging instruments in a cash flow hedge -596000000.00 Income tax on effective portion of gains and losses on hedging instruments in a cash flow hedge 150000000.00 Exchange differences on the translation of foreign operation 70000000.00 Effective portion of gains and losses on hedging instruments in a cash flow hedge -809000000.00 Income tax on effective portion of gains and losses on hedging instruments in a cash flow hedge 204000000.00 Exchange differences on the translation of foreign operation 123000000.00 -376000000.00 -482000000.00 0.00 0.00