Slide 1: Outcome of Board Meeting
LTIM/SE/STAT/2025-26/11 April 23, 2025 National Stock Exchange of India Limited, The BSE Limited, Exchange Plaza, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Dalal Street, MUMBAI - 400 051 MUMBAI - 400 001 NSE Symbol: LTIM BSE Scrip Code: 540005 Dear Sir(s)/Madam, Subject: Outcome o
Slide 2: Outcome of Board Meeting (continued)
Subject to approval of members, the final dividend will be paid within 30 days from conclusion of the AGM. Record Date for the purpose of determining members eligible to receive dividend and the date of AGM, shall be intimated in due course. Appointment of Secretarial Auditor Board of Directors have
Slide 3: Independent Auditor's Report on Consolidated Results
Chartered Accountants Deloitte 19th floor, Shapath-V S,G. Highway Haskins & Sells Ahmedabad-380 015 Gujarat, India Chartered Accountants LLP Tel: +91796682 7300 Fax: +91 796 682 7400 INDEPENDENT AUDITOR'S REPORT ON AUDIT OF ANNUAL CONSOLIDATED FINANCIAL RESULTS AND REVIEW OF QUARTERLY FINANCIAL RESU
Slide 4: Basis for Opinion
Deloitte Haskins & Sells Chartered Accountants LLP Basis for Opinion on the Audited Consolidated Financial Results for the year ended March 31, 2025 We conducted our audit in accordance with the Standards on Auditing ("SA"s) specified under Section 143(10) of the Companies Act, 2013 (the "Act"). Our
Slide 5: Auditor's Responsibilities
Deloitte Haskins & Sells Chartered Accountants LLP Auditor's Responsibilities (a) Audit of the Consolidated Financial Results for the year ended March 31, 2025 Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results for the year ended March 31, 2025 as a wh
Slide 6: Auditor's Responsibilities (continued)
Deloitte Haskins & Sells Chartered Accountants LLP our work; and (ii) to evaluate the effect of any identified misstatements in the Annual Consolidated Financial Results. We communicate with those charged with governance of the Parent regarding, among other matters, the planned scope and timing of t
Slide 7: Annexure to Auditors' Report
Deloitte Haskins & Sells Chartered Accountants LLP Annexure to Auditors' Report Sr No Name of Entities A Subsidiaries 1 LT!Mindtree GmbH 2 LTIMindtree Canada Limited 3 LTIMindtree LLC 4 LTIMindtree Financial Services Technoloaies Inc. 5 LTIMindtree South Africa f Ptv) Limited 6 LTIMindtree Informati
Slide 8: Statement of Consolidated Financial Results
{fiJ LT/Mindtree LTIMindtree Limited Registered office: l&T House, Ballard Estate, Mumbai - 400 001 CIN: l72900MH1996PLC104693 Statement of Consolidated Financial Results for the quarter and year ended March 31, 2025 , in million, except per share data Quarter ended Year ended SI. March 31, December
Slide 9: Consolidated Segment Information
Consolidated Segment Information for the quarter and year ended March 31, 2025 , In million Quarter ended Year ended March 31, December 31, March 31, March 31, March 31, Particulars 2025 2024 2024 2025 2024 (Unaudited) (Unaudited) (Unaudited) (Audited) (Audited) Segment revenue Banking, Financial Se
Slide 10: Consolidated Statement of Assets and Liabilities
Consolidated Statement of Assets and Liabilities as at March 31, 2025 , In million As at As at Particulars March 31, 2025 March 31, 2024 (Audited) (Audited) ASSETS Non-current assets (a) Property, plant and equipment 19,588 16,555 (b) Right-of-use assets 20,043 19,013 (c) Capital work-in-progress 5,
Slide 11: Consolidated Statement of Cash Flows
Consolidated Statement of Cash flows for the year ended March 31, 2025 , In million Year ended March 31, March 31, Particulars 2025 2024 (Audited) (Audited) A. Cash flow from operating activities Net profit after tax 46,020 45,846 Adjustments to reconcile net profit to net cash provided by operating
Slide 12: Select explanatory notes to Consolidated Results
Select explanatory notes to the Statement of Consolidated Financial Results for the quarter and year ended March 31, 2025 1. The consolidated financial results of LTIMindtree Limited ('the Company') for the quarter and year ended March 31, 2025 have been reviewed by the Audit Committee of the Board
Slide 13: Independent Auditor's Report on Standalone Results
Deloitte Chartered Accountants 19th floor, Shapath-V Haskins & Sells S.G. Highway Ahmedabad-380 01S Chartered Accountants LLP Gujarat, India Tel: +91796682 7300 Fax: +91 796 682 7400 INDEPENDENT AUDITOR'S REPORT ON AUDIT OF ANNUAL STANDALONE FINANCIAL RESULTS AND REVIEW OF QUARTERLY FINANCIAL RESULT
Slide 14: Auditor's Report (continued)
Deloitte Haskins & Sells Chartered Accountants LLP requirements that are relevant to our audit of the Standalone Financial Results for the year ended March 31, 2025 under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with t
Slide 15: Auditor's Report (continued)
Deloitte Haskins & Sells Chartered Accountants LLP procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error
Slide 16: Auditor's Report: Other Matter
Deloitte Haskins & Sells Chartered Accountants LLP review is substantially less in scope than an audit conducted in accordance with SAs specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we wou ld become aware of al l significant matters that migh
Slide 17: Statement of Standalone Financial Results
(fiJ LT/Mindtree LTIMindtree Limited Registe red office : L& T House, Ballard Estate, M umbai - 400 001 CIN: L72900MH1996PLC104693 Statement of Standalone Financial Results for the quarter and year ended March 31, 2025 ~ In million, except per share data Quarter ended Year ended SI. March 31, Decemb
Slide 18: Standalone Statement of Assets and Liabilities
Standalone Statement of Assets and Llabllltles as at March 31, 2025 , In million Asat As at Particulars March 31, 2025 March 31, 2024 (Audited) (Audited) ASSETS Non-current assets (a) Property, plant and equipment 19,084 16,248 (b) Right-of-use assets 19,372 18,199 (c) Capital work-in-progress 5,632
Slide 19: Standalone Statement of Cash Flows
Standalone Statement of Cash Flows for the year ended March 31, 2025 ': in million Year ended Particulars March 31, March 31, 2025 2024 (Audited) (Audited) A. Cash flow from operating activities Net profit after tax 44,465 44,859 Adjustments to reconcile net profit to net cash provided by operating
Slide 20: Select explanatory notes to Standalone Results
Select explanatory notes to the Statement of Standalone Financial Results for the quarter and year ended March 31, 2025 1. The standalone financial results of LTIMindtree Limited ('the Company') for the quarter and year ended March 31,2025 have been reviewed by the Audit Committee of the Board and a
Slide 21: Earnings Release & Fact Sheet Fourth Quarter, Fiscal 2025
Earnings Release & Fact Sheet Fourth Quarter, Fiscal 2025 Apr 23, 2025
Slide 22: Contents / Safe Harbour
Contents Press Release .......................................................................................... 3 Key Metrics ............................................................................................ 8 Financial Statements ........................................................
Slide 23: Order Inflow at USD 6 Billion, up 6% on full-year basis
Order Inflow at USD 6 Billion, up 6% on full-year basis Mumbai, Apr 23, 2025: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced its consolidated results today for the fourth quarter and full year ended Mar 31, 2025, as approved by its Board
Slide 24: Year ended Mar 31, 2025 highlights
Year ended Mar 31, 2025 In USD: Revenue at $4,492.5 million (+4.8% Y-o-Y) Operating Margin (EBIT) at 14.5% Net profit at $543.9 million (-1.7% Y-o-Y) In INR: Revenue at ₹3,80,081 million (+7.0% Y-o-Y) Net profit at ₹46,020 million (+0.4% Y-o-Y) Other highlights: Clients: 741 active clients as of Mar
Slide 25: Deal Wins and Partnerships
Deal Wins • A leading US life insurance company has engaged LTIMindtree to enhance its quality processes using AI to improve the operating model, thereby advancing enterprise quality engineering maturity. This is a multi-year deal which will focus on enhancing quality engineering practices and lever
Slide 26: Recognitions and Announcements
• LTIMindtree has been recognized as the "Highest Overall SAP Qualified Pipeline" partner in the SI category at the AWS Champions Club UKI, marking our second consecutive win following our previous success in GenAI. This recognition underscores our strong momentum in SAP on AWS, leveraging both "RIS
Slide 27: About LTIMindtree / Earnings Conference Call Contact
About LTIMindtree LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 c
Slide 28: Key Financial Metrics
Key Financial Metrics Growth (%) Revenue USD Mn Q4 FY24 Q3 FY25 Q4 FY25 Q-o-Q Y-o-Y Revenue USD Mn 1,069.4 1,138.7 1,131.0 (0.7%) 5.8% Revenue – Constant Currency (CC) (0.6%) 6.3% Growth (%) Financials Q4 FY24 Q3 FY25 Q4 FY25 Q-o-Q Y-o-Y Revenue ₹ Millions 88,929 96,609 97,717 1.1% 9.9% Gross Margin
Slide 29: Key Revenue Metrics
Key Revenue Metrics USD Growth (%) Revenue by Industry Q4 FY24 Q3 FY25 Q4 FY25 Q-o-Q Y-o-Y Banking, Financial Services & 35.1% 36.4% 37.1% 1.2% 12.0% Insurance Technology, Media & 24.3% 23.7% 23.4% (1.5%) 2.1% Communications Manufacturing & Resources 18.6% 19.3% 19.9% 2.3% 13.3% Consumer Business 15
Slide 30: Key Client Metrics, Effort and Utilization, Employee Metrics
Key Client Metrics Revenue Contribution Q4 FY24 Q3 FY25 Q4 FY25 Active Clients 738 742 741 New Clients added 30 23 26 Revenue Contribution 1 Million Dollar + 394 401 410 5 Million Dollar + 153 152 154 10 Million Dollar + 91 90 89 20 Million Dollar + 40 39 40 50 Million Dollar + 13 13 14 100 Million
Slide 31: Financial Statements: Income Statement
Financial Statements Income Statement Amount in INR Millions Growth (%) Particulars Q4 FY24 Q3 FY25 Q4 FY25 Q-o-Q Y-o-Y Revenue 88,929 96,609 97,717 1.1% 9.9% Direct Cost 62,423 68,785 70,440 2.4% 12.8% Gross Profit 26,506 27,824 27,277 (2.0%) 2.9% SG&A Expenses 11,149 11,891 11,315 (4.8%) 1.5% EBIT
Slide 32: Cash Flow Statement
Cash Flow Statement Amount in INR Millions
Slide 33: Bank Balances and Investments as at 31st March, 2025
Bank Balances and Investments as at 31st March, 2025 Amount in INR Millions
Slide 34: Full Year Performance: Key Financial Metrics
Full Year Performance Key Financial Metrics Y-o-Y Revenue USD Mn FY24 FY25 Growth (%) Revenue USD Mn 4,287.3 4,492.5 4.8% Revenue – constant currency (CC) 5.0% Y-o-Y Financials ₹ Mn FY24 FY25 Growth (%) Revenue ₹ Millions 355,170 380,081 7.0% Gross Margin % 30.7% 29.4% EBITDA Margin % 18.0% 17.1% EB
Slide 35: Key Revenue Metrics and Key Client Metrics
Key Revenue Metrics Y-o-Y Revenue by Industry FY24 FY25 Growth (%) Banking, Financial Services & 36.2% 36.1% 4.6% Insurance Technology, Media & Communications 23.6% 24.5% 8.7% Manufacturing & Resources 18.5% 19.0% 7.2% Consumer Business 15.1% 14.3% (0.5%) Healthcare, Life Sciences & 6.6% 6.1% (3.0%)
Slide 36: Income Statement
Financial Statements Income Statement Amount in INR Millions Y-o-Y Particulars FY24 FY25 Growth (%) Revenue 355,170 380,081 7.0% Direct Cost 246,214 268,218 8.9% Gross Profit 108,956 111,863 2.7% SG&A Expenses 45,082 46,914 EBITDA 63,874 64,949 1.7% Depreciation and Amortization 8,189 9,915 EBIT 55,
Slide 37: Balance Sheet
Balance Sheet Amount in INR Millions
Slide 38: Cash Flow Statement
Cash Flow Statement Amount in INR Millions
Slide 39: Contact Information
Contact Information Investor Relations – Vikas Jadhav, Head - Investor Relations Vikas.Jadhav2@ltimindtree.com Registered Office: L&T House, Ballard Estate, Mumbai – 400001 India CIN – L72900MH1996PLC104693 https://www.ltimindtree.com/
Slide 40: LTIMindtree Investor Presentation April 3, 2025
@ LTIMindtree LTIMindtree Investor _& Presentation — April 23, 2025
Slide 41: Forward-looking statements
Certain statements in this release concerning the future prospects are forward- looking statements. These statements, by their nature, involve risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. The Company assumes no obligation to r
Slide 42: Getting to the future, faster. Together.
REVENUE EMPLOYEES CLIENTS PRESENCE ~$4.5B 84,000+ 700+ 40+ FY25 Highly talented & Leading global enterprises Countries across 5 continents entrepreneurial professionals Full Stack digital powerhouse, getting to the future, faster. Together. 3
Slide 43: Built with purpose, our beliefs and values
Built with purpose, our beliefs and values fuel our client-centric culture. 4
Slide 44: Our values
Be driven by purpose Act with compassion Be future-ready Deliver impact 5
Slide 45: Quarterly Revenue, EBIT and PAT
REVENUE (USD Mn) -0.7% Q-o-Q REVENUE (INR Mn) 1.1% Q-o-Q 5.8% Y-o-Y 9.9% Y-o-Y 1,138.7 1,131.0 96,609 97,717 1,069.4 88,929 Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY25 1.2% Q-o-Q 3.9% Q-o-Q EBIT (INR Mn) / Margin (%) 2.8% Y-o-Y PAT (INR Mn) / Margin (%) 2.5% Y-o-Y 13,087 13,289 13,454
Slide 46: Annual Revenue, EBIT and PAT
REVENUE (USD Mn) / Growth (%) REVENUE (INR Mn) / Growth (%) 4,287.3 4,492.5 3,55,170 3,80,081 4,105.7 3,31,830 17.2% 4.4% 4.8% 27.1% 7.0% 7.0% FY23 FY24 FY25 FY23 FY24 FY25 EBIT (INR Mn) / Margin (%) PAT (INR Mn) / Margin (%) 53,850 55,685 55,034 44,103 45,846 46,020 16.2% 15.7% 14.5% 13.3% 12.9% 12
Slide 47: Revenue by Industry and Geography
REVENUE BY INDUSTRY (%) 36.4% 37.1% Q4FY24 Q3FY25 Q4FY25 35.1% 24.3% 23.7% 23.4% 18.6% 19.3% 19.9% 15.1% 14.3% 14.1% 6.9% 6.3% 5.5% Banking, Financial Services & Technology, Media & Manufacturing & Resources Consumer Business Healthcare, Life Sciences & Insurance Communications Public Services REVEN
Slide 48: Client Metrics and Client Contribution to Revenue
CLIENT METRICS CLIENT CONTRIBUTION TO REVENUE (%) 14 13 13 40 40 39 58.1% 58.0% 57.2% 45.9% 45.5% 44.8% 91 90 89 35.5% 34.5% 34.3% 28.3% 27.9% 27.7% 153 154 152 401 410 394 TOP 5 TOP 10 TOP 20 TOP 40 Q4 FY24 Q3 FY25 Q4 FY25 CLIENTS CLIENTS CLIENTS CLIENTS $1Mn + $5Mn + $10Mn + Q4 FY24 Q3 FY25 Q4 FY2
Slide 49: Utilization, Effort Mix and Total Employees
Utilization (excl. trainees) (%) Effort Mix (%) Onsite Offshore 86.9% 85.4% 85.8% 84.9% 84.6% 84.9% 15.1% 15.4% 15.1% Q4FY24 Q3FY25 Q4FY25 Q4FY24 Q3FY25 Q4FY25 Total Employees Women Employees Development Sales and Support 5,159 30.7% 30.4% 30.4% 5,226 5,190 25,061 26,392 25,606 81,641 79,081 76,460
Slide 50: Deal wins
A leading US life insurance company has engaged LTIMindtree to enhance its quality processes using AI to improve the operating model, thereby advancing enterprise quality engineering maturity. A leading global financial institution has chosen LTIMindtree for its Data Center Migration Project. The de
Slide 51: Robust Strategic Alliances
Robust Strategic Alliances Adobe Solution Partner D@LTechnologies rerio databricks |_| jo | Google Cloud 7 y Hewlett Packard ® Informatica Partner Enterprise | | . ~ Global Elit SAP BE Microsoft ae eater Global Partner Ab ua servicenow. fl snowflake [| temenos aan PARTNER © trimindtree
Slide 52: ESG goals
Net Zero by 2040 85%+ Renewable Energy use by 2030 ~100% waste recycling by 2030 Diversify our board (across Gender, Nationality and Background) Scale up of Green Tech offerings Link ESG to executive compensation to clients Continue to train 100% associates, Water Positive by 2030 partners, and supp
Slide 53: Thank You
THANK YOU
Slide 54: Annexure B - Appointment of Secretarial Auditor
Annexure - B Details pertaining to appointment of M/s. Alwyn Jay & Co., Practising Company Secretaries as Secretarial Auditor Sr. No. Particulars Details 1. Reason for change - Appointment of M/s Alwyn Jay & Co, Peer Reviewed Firm of Appointment Company Secretaries in Practice (Firm Registration Num