L&T Technology Services Limited — Earnings Release 2020

Jul 20, 2020

L&T Technology Services Limited L&T Business Park, TC 2 Tower B, Second floor, North East Wing, Gate no.5, Saki Vihar Road, Powai, Mumbai – 400072 www.ltts.com

July 20, 2020

National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex Bandra( East), Mumbai – 400 051. NSE Symbol: LTTS

The BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street,Mumbai- 400001 BSE Script Code: 540115

Dear Sirs,

Subject: Newspaper Advertisement of financial results for the quarter ended June 30, 2020 of the Company.

Pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed copies of the newspaper advertisement pertaining to financial results of the Company for the quarter ended June 30, 2020. The advertisements were published in Financial Express and Loksatta newspapers on July 17, 2020.

This will also be posted on the company's website at www.LTTS.com/Investors

Please take note of the above and acknowledge the receipt of the same.

Thanking You,

Yours sincerely, For L&T Technology Services Limited

Kapil Bhalla Company Secretary (M.No. F3485)

WWW.LOKSATTA.COM

मुंबई, शुक्रवार, १७ जुलै २०२० ★

L&T Technology Services

L&T TECHNOLOGY SERVICES LIMITED

(A subsidiary of Larsen & Toubro Limited)
Registered Office: L&T House, N.M. Marg, Ballard Estate, Mumbai 400 001; Tel: (91 22) 6752 5656; Fax: (9122) 6752 5893 Email: investor@ltts.com, Website: www.ltts.com, Corporate Identity Number: L72900MH2012PLC232169

EXTRACT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2020

Particulars		Consolidated			Standalone
		Quarter ended		Year ended	Quarter ended			Year ended
	30/06/2020 (Reviewed)	31/03/2020 Refer Note (3)	30/06/2019 (Reviewed)	31/03/2020 (Audited)	30/06/2020 (Reviewed)	31/03/2020 Refer Note (3)	30/06/2019 (Reviewed)	31/03/2020 (Audited)
Total Income	13,084	15,080	14.040	58,282	11,990	13,874	13,004	53,936
Net profit before tax	,597	2.718	2.773	11,002	1,533	2.510	2,686	10,550
Net profit after tax	1,180	2.063	2.041	8.224	1,138	1.907	1,980	7,900
Total comprehensive income	1,812	156	2.022	5.745	1,769	(81)	.965	5,297
Equity share capital	209	209	208	209 27,546	209	209	208	209 25,991
Face value per equity share (Rs.) Earnings per equity share (Not annualised)	$\overline{2}$	$\overline{2}$			$\overline{c}$		$\overline{2}$
(a) Basic EPS (Rs.)	11.22	19.61	19.60	78.56	10.89	18.26	22050 19.03	75.82
(b) Diluted EPS (Rs.)	11.10	19.40	19.30	77.70	10.77	18.06	18.75	74.99

Notes:

The financial results of the Company for the quarter ended June 30, 2020 have been subjected to limited review by the statutory auditors, reviewed by the Audit

Committee of the Board and approved by the Board of Directors at its meeting held on July 16, 2020.
The above is an extract of the detailed format of the financial results filed with the Stock Exchanges under Regulation 33 $\overline{2}$ www.bseindia.com and www.nseindia.com respectively and on the Company's website at www.ltts.com

3 During the quarter ended June 30, 2020, the Company has allotted 22,030 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.
4. The figures for the quarter ended March 31, 2020 are the balancing figures between audited figures in respect of the full financial year and the limited reviewed

year to date figures up to the quarters ended December 31, 2019.
5 Figures for the earlier periods have been regrouped, wherever necessary.

For L&T Technology Services Limited

Place: New Jersey, USA Date : July 16, 2020

Keshab Panda Chief Executive Officer and Managing Director

13 FINANCIAL EXPRESS

WWW.FINANCIALEXPRESS.COM

		L&T Technology Services
L&T TECHNOLOGY SERVICES LIMITED
		(A subsidiary of Larsen & Toubro Limited)
Registered Office: L&T House, N.M. Marg, Ballard Estate, Mumbai 400 001; Tel: (91 22) 6752 5656; Fax: (9122) 6752 5893
Email: investor@ltts.com, Website: www.ltts.com, Corporate Identity Number: L72900MH2012PLC232169
EXTRACT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2020
								(In ₹ Million)
	Consolidated						Standalone
Particulars	Quarter ended			Year ended		Quarter ended		Year ended
	30/06/2020	31/03/2020 (Reviewed) Refer Note (3)	30/06/2019 (Reviewed)	31/03/2020 (Audited)	30/06/2020 (Reviewed)	31/03/2020 Refer Note (3) (Reviewed)	30/06/2019	31/03/2020 (Audited)
Total Income	13,084	15,080	14,040	58,282	11,990	13,874	13,004	53,936
Net profit before tax	1,597	2.718	2.773	11,002	1,533	2.510	2,686	10,550
Net profit after tax	1,180	2.063	2.041	8.224	1.138	1.907	1,980	7.900
Total comprehensive income	1,812	156	2022	5745	1,769	(81)	1,965	5.297
Equity share capital	209	209	208	209	209	209	208	209
				27.546				25,991
Face value per equity share (Rs.)	$\overline{2}$	2	$\overline{2}$	2	$\overline{2}$	$\mathbf{2}$	$\overline{2}$	2
Earnings per equity share (Not annualised)
(a) Basic EPS (Rs.)	11.22	19.61	19.60	78.56	10.89	18.26	19.03	75.82
(b) Diluted EPS (Rs.)	11.10	19.40	1930	77.70	10.77	18.06	18.75	74.99
Notes: The financial results of the Company for the quarter ended June 30, 2020 have been subjected to limited review by the statutory auditors, reviewed by the Audit 1 Committee of the Board and approved by the Board of Directors at its meeting held on July 16, 2020. $\overline{2}$ The above is an extract of the detailed format of the financial results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The quarterly financial results in the detailed format are available on the websites of BSE and NSE at www.bseindia.com and www.nseindia.com respectively and on the Company's website at www.ltts.com 3 During the quarter ended June 30, 2020, the Company has allotted 22,030 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. The figures for the quarter ended March 31, 2020 are the balancing figures between audited figures in respect of the full financial year and the limited reviewed 4 year to date figures up to the quarters ended December 31, 2019. $5^{\circ}$ Figures for the earlier periods have been regrouped, wherever necessary.							For L&T Technology Services Limited
Place: New Jersey, USA Date : July 16, 2020						Chief Executive Officer and Managing Director		Keshab Panda