Below are the financial statements of L&T Technology Services, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2025 as of 2025-03-31 | 2024 as of 2024-03-31 |
|---|---|---|
| Assets | — | — |
| Non-current assets | — | — |
| Property, plant and equipment | 3.58a | 3.93a |
| Right-of-use assets | 5.2a | 5.95a |
| Capital work-in-progress | 0.28a | 0.13a |
| Goodwill | 11.33a | 6.04a |
| Other intangible assets | 2.34a | 0.21a |
| Financial assets | — | — |
| Investments | 3.49a | 1.99a |
| Other financial assets | 2.52a | 1.7a |
| Deferred tax assets (net) | 0.16a | 0.05a |
| Other non current assets | 2.89a | 2.58a |
| Total non-current assets | 31.79a | 22.58a |
| Current assets | — | — |
| Inventories | 0.04a | 0.03a |
| Financial assets | — | — |
| Investments | 9.6a | 12.94a |
| Trade receivables | 25.13a | 21.8a |
| Cash and cash equivalents | 13.83a | 11.22a |
| Other bank balances | 1.83a | 2.68a |
| Other financial assets | 1.79a | 1.57a |
| Other current assets | 12.43a | 12.06a |
| Total current assets | 64.64a | 62.3a |
| Total assets | 96.44a | 84.89a |
| Equity | — | — |
| Equity share capital | 0.21a | 0.21a |
| Other equity | — | — |
| Retained earnings | 52.11a | 44.74a |
| Other reserves | 8.48a | 8.32a |
| Equity attributable to equity shareholders of the company | 60.8a | 53.27a |
| Non-controlling interest | 0.18a | 0.21a |
| Total equity | 60.98a | 53.48a |
| Liabilities | — | — |
| Non-current liabilities | — | — |
| Financial liabilities | — | — |
| Lease liabilities | 4.42a | 5.2a |
| Other financial liabilities | 0.16a | 0.01a |
| Deferred tax liabilities (net) | 0.76a | 0.75a |
| Provisions | 0.22a | 0.08a |
| Total non-current liabilities | 5.56a | 6.04a |
| Current liabilities | — | — |
| Financial liabilities | — | — |
| Trade payables | — | — |
| Due to micro enterprises and small enterprises | 0.25a | 0.19a |
| Due to others | 15.97a | 13.93a |
| Lease liabilities | 1.35a | 1.39a |
| Other financial liabilities | 3.91a | 2.6a |
| Other current liabilities | 5.49a | 5.1a |
| Provisions | 2a | 1.54a |
| Current tax liabilities (net) | 0.92a | 0.62a |
| Total current liabilities | 29.9a | 25.37a |
| Total liabilities | 35.46a | 31.41a |
| Total equity and liabilities | 96.44a | 84.89a |
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