• In Q2 Consolidated Revenue up 4.5% and Net Profit is up 5% YoY
• EBIT Margins 17.1%
• During the quarter, LTTS won seven $10m plus Total Contract Value (TCV) deals across all industry segments including six deals of $15m each
• At end of Q2, Patent Portfolio of LTTS stood at 1198, out of which 785 are co-authored with its customers and rest are filled by LTTS
• Long term trends for ER&D are strong but in short term longer decision cycles and incremental headwinds from macro-economic stress
• Cash and Investments as on 30^th Sep 2023 is Rs.2270 Cr
• Will maintain EBIT margins at 17% for now and by H1 FY26 will try to reach at 18%
• Key Deals Wins

• Reduced Constant Currency revenue growth guidance for FY24 from 20% to 17.5% to 18.5%
• Revenue by Verticals

• Revenue by Geography

• Client Contribution

• Q1 Attrition Rate 16.7% vs 24.1% YoY
• Q1 Total Headcount 23880 vs 22265 YoY

Source:

LTTS Investor Presentation

LTTS Concall Recording