PR95544

MUMBAI, India, April 19, 2022 /PRNewswire=KYODO JBN/ -

    Larsen & Toubro Infotech (BSE

code: 540005) (NSE: LTI), a global technology consulting and digital solutions

company, announced its Q4 FY22 and full year FY22 results today.

    Q4 FY22

    In US Dollars:

    - Revenue at USD 570.4 million; growth of 3.1% QoQ and 27.5% YoY

    - Constant Currency Revenue growth of 3.6% QoQ and 29.0% YoY

    In Indian Rupees:

    - Revenue at INR 43,016 million; growth at 4.0% QoQ and 31.6% YoY

    - Net Income at INR 6,375 million; growth of 4.1% QoQ and 16.8% YoY

    Full year FY22

    In US Dollars:

    - Revenue at USD 2,102.5 million; growth of 25.9% YoY

    - Constant Currency Revenue growth of 25.8% YoY

    In Indian Rupees:

    - Revenue at INR 156,687 million; growth at 26.7% YoY

    - Net Income at INR 22,985 million; Net Income growth at 18.6% YoY

    Capital Return

    - Final Dividend of INR 30 per share; Dividend pay-out ratio of 41.9% for

the

  year

    - ROE of 28.5% for the year

    "We are delighted to cross the USD 2 billion revenue milestone with record

growth of 26% in FY22, our strongest since listing. Our growth has been

broad-based across verticals, service lines, client buckets and geographies. The

year has seen the highest new client openings and net headcount additions.

    In Q4 FY22, we won 4 large deals with net new TCV of over USD 80 million.

Our

deal pipeline continues to be robust, and we remain confident of maintaining

industry leading growth in the coming year as well."

    - Sanjay Jalona, Chief Executive Officer & Managing Director

    Recent Deal Wins

    - Selected by a Global Fortune 500 financial services company for an

end-to-end

managed services engagement involving transformation, governance and support for

middleware and data as part of their global technology function

    - A Global Fortune 500 corporation, a leading provider of ratings,

benchmarks,

analytics and financial data, has selected LTI as its primary partner for an

engagement involving data and digital services to integrate its data platforms

with its recent acquisition

    - Selected by a Global Fortune 500 consumer goods company as their strategic

partner for data and analytics work to transform and gain insights across their

most critical business functions of manufacturing, supply chain, marketing and

creation of a metadata hub

    - Engaged by a key government body in the public healthcare space to

develop an

eco-system and technology infrastructure providing, storing and improving access

to relevant public data and supporting public health insurance programs

    - Selected by a large metals and mining company for an ERP managed services

engagement involving key business modules like transportation management,

technology, customer and supplier engagement across its legal entities and over

40 operating units

    - Selected by a property and casualty insurance provider based in North

America

to integrate core systems and financial data for multiple lines of business

across numerous subsidiaries into a centralized enterprise data warehouse

    - A top healthcare provider in the Middle East has selected LTI, through its

strategic partnership with a regional leader, for support on its security and

network operation center

    - A large bank has selected LTI to revamp its website to cover all aspects

of a

digital experience, hosting in cloud and maintenance

    - A global financial services company in Europe has selected LTI to

outsource

its client servicing desk and build a digital workspace for its employees

    - Selected by a Global Fortune 500 corporation engaged in the supply of IT

infrastructure products and services to upgrade its SAP S/4HANA ERP platform

    - Selected by a global security services firm to set up a digital command

center

to monitor Infrastructure and network, and ensure minimal disruption

    - Selected by a North American utility company to manage core applications

and

operations' systems to ensure streamlining of SLAs and adherence to business

KPIs, reduction of costs and efficiency in operations

    Awards and Recognitions

    - LTI Recognized as Leader Across all Six Quadrants in the ISG Provider

Lens(TM)

AWS Ecosystem Partners Report USA 2021

    - LTI Positioned as a Leader and Star Performer in Everest Group's Duck

Creek IT

Services PEAK Matrix� Assessment 2022

    - LTI in ITS Top 10 list in Everest Group's PEAK Matrix� IT Service

Provider of

the Year 2022

    - LTI Ranked 1 in Top ITS Challengers list in Everest Group's PEAK

Matrix� IT

Service Provider of the Year 2022

    - LTI's Fosfor Optic recognized in The Forrester Now Tech: Enterprise Data

Fabric, Q1 2022 report

    - LTI's Fosfor Refract recognized in The Forrester Now Tech: AI/ML

Platforms, Q1

2022 report

    Other Business Highlights

    - The Board of Directors at its meeting held on April 19th, 2022 have

recommended a final dividend of INR 30 per equity share (Face value of INR 1)

for the financial year 2021-22. Total dividend for FY22 is INR 55 per equity

share, including the interim dividend of INR 15 and special dividend of INR 10

per equity share declared in October 2021 and July 2021 respectively

    - LTI has been ranked 22 among the top 25 most valuable IT services brands

in

the Brand Finance IT Services 25 2022 ranking

    - LTI CEO, Sanjay Jalona adjudged the Best CEO 2022 in the IT/ITES

category, by

Business Today

    - LTI received Gold recognition from EcoVadis for ESG practices including

environment, labor and human rights, ethics and sustainable procurement

    - Optic by Fosfor Named "Data Catalog Solution of the Year" in 2022 Data

Breakthrough Awards

    - LTI Expands its Presence in the USA with a New Engagement Center in

Hartford,

CT

    About LTI

    LTI (NSE: LTI) is a global technology consulting and digital solutions

Company

helping more than 485 clients succeed in a converging world. With operations in

33 countries, we go the extra mile for our clients and accelerate their digital

transformation with LTI's Mosaic platform enabling their mobile, social,

analytics, IoT and cloud journeys. Founded in 1997 as a subsidiary of Larsen &

Toubro Limited, our unique heritage gives us unrivalled real-world expertise to

solve the most complex challenges of enterprises across all industries. Each

day, our team of more than 45,000 LTItes enable our clients to improve the

effectiveness of their business and technology operations and deliver value to

their customers, employees and shareholders. Find more at

http://www.Lntinfotech.com [http://www.lntinfotech.com/] or follow us at

@LTI_Global.

    Earnings Conference Call and Audio Webcast

    Apr 19th, 2022 (08:00 PM IST)

    Please dial the below number at least 5-10 minutes prior to the conference

schedule to ensure that you are connected to your call in time.

     Universal Access Number        +91 22 6280 1107

                                    +91 22 7115 8008

                                      USA   :   13233868721

     International Toll Number        UK    :  442034785524

                                Singapore   :    6531575746

                                Hong Kong   :   85230186877

     Replay of Conference Call      Available after 1 hour from the call end

time until April 26th, 2022

                                    Playback Code: 52245

                                    Dial-in Number:     India      +91 22 7194

5757                          

                                                                   +91 22 6663

5757

                                                  USA Toll Free        

18332898317

                                                   UK Toll Free          

8007563427

                                            Singapore Toll Free          

8001012510

                                            Hong Kong Toll Free          

800965553

    Audio Webcast

    The audio from the conference call will be available online through a

webcast and can be accessed at the following link:

https://links.ccwebcast.com/?EventId=LTI20220419

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    Logo: https://mma.prnewswire.com/media/1044154/LTI_Logo.jpg

    Source: LTI