LTTS FY24 Q3 Results Key Highlights

  • In Q3 Consolidated Revenue up 12% and Net Profit is up 13% YoY
  • EBIT Margins 17.2%
  • During the quarter, LTTS won Six $10m plus Total Contract Value (TCV) deals across all industry segments including one $40m and one $20m deal.
  • In AI, LTTS has filed 53 patents across segments like Transportation, Medical and Industrial Products
  • At end of Q3, Patent Portfolio of LTTS stood at 1249, out of which 811 are co-authored with its customers and rest are filled by LTTS
  • Future Outlook: Spend in CY24 would either same or slightly higher but will not decline
  • Deal velocity will be similar to Q2
  • Reaffirm FY24 revenue growth guidance in constant currency at 17.5% to 18.5%
  • Cash and Investments as on 31st Dec 2023 is Rs.2273 Cr
  • Will maintain 17% EBIT margins with aspiration of 18% EBIT margins by H1 FY26
  • Key Deals Wins

  • Revenue by Verticals

  • Revenue by Geography

  • Client Contribution



LTTS Investor Presentation

LTTS Concall Recording