Q4 FY21
In US Dollars:
- Revenue at
USD 447.4 million ; growth of 4.6% QoQ and 9.1% YoY - Constant Currency Revenue growth of 4.4% QoQ and 7.1% YoY
In Indian Rupees:
- Revenue at INR 32,694 million; growth at 3.7% QoQ and 8.5% YoY
- Net Income at INR 5,457 million; Net Income growth at 5.1% QoQ and 27.6% YoY
Full year FY21
In US Dollars:
- Revenue at
USD 1,670.1 million ; growth of 9.5% YoY - Constant Currency Revenue growth of 8.8% YoY
In Indian Rupees:
- Revenue at INR 123,698 million; growth at 13.7% YoY
- Net Income at INR 19,382 million; Net Income growth at 27.5% YoY
Capital Return
- Final Dividend of INR 25 per share; Dividend pay-out ratio of 36.1% for the year
- ROE of 30.5% for the year
"Supported by a strong Q4, FY21 was another year of market leading growth. We are happy to report revenue growth of 9.5% and net profit growth of 27.5% for the year. In Q4, we also won two large deals with net new TCV of
Our superior performance is a result of the untiring efforts of 35,000+ LTItes who stood together during one of the most trying times ensuring client deliveries. We will continue to invest in the strength of our business as we remain committed to growth in FY22 as well."
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Recent Deal Wins
- LTI has been chosen as a long-term strategic partner in a vendor consolidation deal for management of core insurance platforms for a large Fortune 500 Insurance company. This is a unique deal which includes vendor consolidation and several modernization programs across multiple core areas in the property and casualty insurance space in
- A leading regional bank, a new logo, selected LTI for a core banking transformation program involving implementation of Temenos. As part of the program, LTI will be the lead system integrator and will replace the Bank's existing lending platform using the Temenos T24 platform as well as handle data migration from legacy systems. The implementation of this program will enable the bank to introduce new lending products, reduce complexities, service its increasing customer base in a faster and efficient manner while lowering the total cost of ownership. Empowered with pre-configured local functions, this transformation will enable the bank to cater to regulatory requirements within a relatively short time span and reduced efforts.
- LTI has been selected by a US based heavy equipment manufacturing conglomerate for an application managed services deal for its parts business to enable reduction in total cost of ownership and operational excellence.
- A North American property and casualty mutual insurance company has partnered with LTI to replace its existing on-premise legacy core systems with a SaaS based Duck Creek solution. This engagement will accelerate client's digital transformation to enable better customer experience and support. It will also optimize operational costs and enable rapid expansion of services to other regions.
- A Global Fortune 500 multinational pharma corporation has chosen LTI as its advisory partner to transform its finance function. LTI will play a key role in meeting business objectives such as data consistency by implementing effective data monitoring and reconciliation processes for their global business operations.
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- A Global Fortune 500 energy distribution company has selected LTI to support its SAP Customer Information System implementation for one of its acquired entities. The aim of this program is to digitize its meter-to-cash process and bring about automation in customer services to deliver operational efficiencies and cost reduction.
- A leading property and casualty insurance software and data analytics provider based in
- LTI has been selected to provide infrastructure support and network operations services to reduce costs and increase efficiencies for a leading distributor of specialty concrete and construction products in
- A Global Fortune 500 entertainment and media enterprise has selected LTI to build a global reporting platform for its digital media supply chain applications using Snowflake to provide enhanced visibility of complex supply, production and delivery workflows across the enterprise.
- The international branch of a leading financial services providers in the
Awards and Recognitions
- LTI topped the list of 'IT Services Challenger 2021' in
- LTI Leni and LTI Mosaic recognized in The Forrester Tech Tide™: Enterprise Business Insights & Analytics, Q1 2021
- LTI Recognized as a Leader in the ISG Provider Lens™ Intelligent Automation - Solutions and Services in AIOps for Midmarket - US 2020
- LTI positioned as an Innovator in
Other Business Highlights
- The Board of Directors at its meeting held on
- LTI appointed
- LTI and AWS have entered into a
- LTI is recognized as a Microsoft Azure Expert Managed Services Provider, the prestigious program is a global initiative by Microsoft that enables its leading partners to differentiate by proving real-world proficiency and skills in data and cloud competencies
- LTI in the
About LTI
LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 400 clients succeed in a converging world. With operations in 31 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
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