LTM Limited — formerly LTIMindtree Limited and a Larsen & Toubro Group Company — announced the launch of the LTM Business Orchestration Platform on May 11, 2026. The AI-powered offering is designed to enable enterprises to move from fragmented decision-making to real-time, intelligent operations across SAP and the wider enterprise landscape. The announcement was made simultaneously in Mumbai, India, and Orlando, Florida, coinciding with SAP Sapphire Orlando. The launch marks a significant advancement into the rapidly expanding autonomous software market.

Platform Overview

The SAP-Centric Business Orchestration Platform is built on capabilities spanning AI engineering, intelligent decision orchestration, and resilient operations. It brings decision-making and execution together into a single intelligent operating layer, enabling a shift from reactive processes to autonomous, outcome-driven execution. LTM BlueVerse serves as the marketplace layer for scalable onboarding of SAP-focused agents within the platform.

The platform delivers the following measurable outcomes for SAP-driven enterprises:

Leadership Commentary

Krishnan Iyer, Chief Growth Officer at LTM, commented on the platform's significance: "The real value of SAP is unlocked when insights translate into action in real time. The LTM Business Orchestration Platform provides a unified intelligence layer that connects data, decisions and execution, extending SAP's impact across the enterprise."

About LTM

LTM is an AI-centric global technology services company and the Business Creativity partner to the world's largest enterprises. The company brings human insights and intelligent systems together to help clients create value at the intersection of technology and domain expertise. Key highlights of the company include:

• Workforce: Over 87,000 employees
• Global Presence: Across 40 countries
• Capabilities: Integrated operations, transformation, and business AI
• Headquarters: L&T Technology Center, Tower 1, Gate No. 5, Saki Vihar Road, Powai, Mumbai - 400072, Maharashtra, India

The LTM Business Orchestration Platform is globally available, and the company is showcasing it at SAP Sapphire Orlando.

LTM Limited (formerly LTIMindtree Limited) has filed its Integrated Annual Report for FY26 under Regulation 34 of the SEBI Listing Regulations, dated May 8, 2026. The report covers the company's financial and non-financial performance for the year ended March 31, 2026, and is accompanied by the Notice convening the Thirtieth Annual General Meeting (AGM). The AGM is scheduled for Monday, June 1, 2026, at 11:00 a.m. IST, to be held via Video Conferencing (VC) and Other Audio-Visual Means (OAVM), in compliance with the Companies Act, 2013 and applicable Ministry of Corporate Affairs circulars. Pursuant to Regulations 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published advertisements on May 9, 2026, in the Financial Express (English) and Loksatta (Marathi) newspapers, with the advertisements also made available on the company's website at www.ltm.com .

FY26 Financial Performance

LTM Limited delivered strong financial results for FY26, with broad-based growth across verticals and geographies. The following table summarizes key financial metrics:

Revenue growth in constant currency terms stood at 5.3%. The marginal decline in PAT margin was primarily attributed to a one-time provisioning impact of INR 5,281 Million on account of past service costs arising from the enactment of New Labour Codes effective November 21, 2025. Operating cash flow conversion remained robust at 96.3%, and Days Sales Outstanding (DSO) stood at 84 days compared to 79 days in FY25. The current ratio was 2.8 as against 3.5 in the prior year.

Revenue Breakdown by Vertical and Geography

LTM's revenue growth was broad-based across all verticals and geographies. The table below presents the year-on-year revenue change by vertical in USD terms:

Geographically, North America grew by 4.0%, Europe by 12.4%, and Rest of the World by 11.6%. The number of active clients as of March 31, 2026 stood at 751, up from 741 in the prior year, including 125 Fortune 500 organizations, with 79 new clients added during the year.

Strategic Highlights and Brand Transformation

FY26 marked a defining year of transition for the company, which unveiled its new brand identity 'LTM' and positioning as the 'Business Creativity Partner' on February 11, 2026, followed by a formal change of name from LTIMindtree Limited to LTM Limited, effective March 17, 2026. The company accelerated its pivot to an AI-centric organization, anchored by its BlueVerse agentic AI ecosystem. Key operational highlights include:

• Workforce: Approximately 88,000 employees (87,950 permanent) across 40+ countries; attrition rate declined to 13.3% from 14.4% in FY25
• Freshers: Over 6,700 freshers onboarded, a 40% jump over FY25
• AI Deployment: More than 1,500 AI agents deployed; 177+ AI solutions implemented enterprise-wide
• CSR Spend: INR 960 Million, reaching 1,199,584 beneficiaries
• Dividend Paid: INR 19,911 Million (FY25: INR 19,246 Million)
• Green Building Investment: INR 1,840 Million towards facility upgrades
• R&D Expenditure: INR 1,221 Million (FY25: INR 907 Million)

The company also secured its largest deal in history during FY26 and reported a client satisfaction score of 5.89 out of 7.00 for FY26 (FY25: 5.98). Average learning duration per employee stood at 13.01 days in FY26, up from 9.91 days in FY25. Female employees comprised 30.87% of the total workforce, and the company's ESG performance was recognized with an FTSE Russell ESG score of 4.6 out of 5.

Dividend and AGM Details

The Board of Directors, at its meeting held on April 23, 2026, recommended a final dividend of INR 53 per equity share of face value INR 1 each, subject to member approval at the AGM. An interim dividend of INR 22 per share was already paid during the year, bringing the total dividend for FY26 to INR 75 per equity share, if the final dividend is approved. Members eligible to vote are those recorded in the Register of Members or Register of Beneficial Owners as on the cut-off date of Monday, May 25, 2026. Remote e-voting will be facilitated through NSDL, with Mrs. Trupti Paranjape (FCS 7997, CP 8088) of M/s P. N. Paranjape & Associates, Company Secretaries, Mumbai, appointed as scrutinizer. The following table summarizes the key AGM, e-voting, and dividend-related details:

Dividend income is taxable in the hands of members, and LTM Limited is required to deduct tax at source (TDS) at prescribed rates. Members holding shares in physical form are advised to submit KYC details, including PAN and bank account information, by the Record Date to ensure electronic payment of dividends.

Credit Ratings and Governance

CRISIL and India Ratings & Research have reaffirmed the company's ratings at AAA/Stable for long-term facilities and A1+ for short-term facilities, reflecting the highest level of credit quality on the Indian rating scale. The Board approved the Integrated Annual Report 2025-26 on April 23, 2026. The report aligns with the International Integrated Reporting Council (IIRC) framework, UN Sustainable Development Goals, and SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. During FY26, the Board held six meetings and the company maintained zero major non-conformities across global certifications including ISO 9001, ISO 27001, ISO 14001, ISO 45001, and ISO 22301, among others.