• 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 31^st 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

Sources:

LTTS Investor Presentation

LTTS Concall Recording