L&T Technology Services Limited (NSE:LTTS)

L&T Technology Services Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	106,701	96,473	88,155	65,697	54,497
Other Revenue	1	-	-	-320	548
Revenue	106,702	96,473	88,155	65,377	55,045
Revenue Growth (YoY)	10.60%	9.44%	34.84%	18.77%	-3.64%
Cost of Revenue	57,769	50,216	46,991	37,122	34,144
Gross Profit	48,933	46,257	41,164	28,255	20,901
Selling, General & Admin	453	401	340	238	175
Other Operating Expenses	29,390	26,198	23,029	14,136	9,896
Operating Expenses	33,107	29,812	25,899	16,604	12,519
Operating Income	15,826	16,445	15,265	11,651	8,382
Interest Expense	-565	-509	-444	-437	-455
Interest & Investment Income	674	816	876	492	282
Currency Exchange Gain (Loss)	243	502	676	905	409
Other Non Operating Income (Expenses)	443	72	103	148	113
EBT Excluding Unusual Items	16,621	17,326	16,476	12,759	8,731
Gain (Loss) on Sale of Investments	716	520	356	294	188
Gain (Loss) on Sale of Assets	23	163	16	5	-3
Other Unusual Items	46.69	29	6	34	57
Pretax Income	17,407	18,038	16,860	13,092	8,973
Income Tax Expense	4,772	4,975	4,696	3,486	2,308
Earnings From Continuing Operations	12,635	13,063	12,164	9,606	6,665
Minority Interest in Earnings	32	-26	-43	-36	-32
Net Income	12,667	13,037	12,121	9,570	6,633
Net Income to Common	12,667	13,037	12,121	9,570	6,633
Net Income Growth	-2.84%	7.56%	26.66%	44.28%	-18.97%
Shares Outstanding (Basic)	106	106	106	105	105
Shares Outstanding (Diluted)	106	106	106	105	105
Shares Change (YoY)	0.07%	0.10%	0.38%	0.03%	0.09%
EPS (Basic)	119.69	123.34	114.81	90.91	63.32
EPS (Diluted)	119.44	123.00	114.48	90.74	62.90
EPS Growth	-2.89%	7.44%	26.16%	44.26%	-19.05%
Free Cash Flow	13,695	12,400	11,315	8,438	12,554
Free Cash Flow Per Share	129.12	117.00	106.87	80.00	119.05
Dividend Per Share	55.000	50.000	45.000	25.000	22.000
Dividend Growth	10.00%	11.11%	80.00%	13.64%	4.76%
Gross Margin	45.86%	47.95%	46.70%	43.22%	37.97%
Operating Margin	14.83%	17.05%	17.32%	17.82%	15.23%
Profit Margin	11.87%	13.51%	13.75%	14.64%	12.05%
Free Cash Flow Margin	12.83%	12.85%	12.83%	12.91%	22.81%
EBITDA	17,274	17,814	16,533	12,876	9,650
EBITDA Margin	16.19%	18.46%	18.75%	19.70%	17.53%
D&A For EBITDA	1,448	1,369	1,268	1,225	1,268
EBIT	15,826	16,445	15,265	11,651	8,382
EBIT Margin	14.83%	17.05%	17.32%	17.82%	15.23%
Effective Tax Rate	27.41%	27.58%	27.85%	26.63%	25.72%
Revenue as Reported	108,801	98,546	90,188	67,221	56,034
Advertising Expenses	433	359	282	203	150

Updated Jan 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.