L&T Group Performance - Q4 FY23

Hi-Tech Manufacturing Segment Net Revenue 21% ↑ 21.3 17.6 6.4 2.4 15.2 14.9 Q4 FY22 Q4 FY23 24.0% EBITDA Margin 19.7%↓ Domestic 15.0 (Amount in Rs. bn) Net Revenue 10% ↑ 59.4 65.3 FY22 44.4 15.5 49.8 19.6% EBITDA Margin 18.0% ↓ International hal FY23 Order inflow growth in Defence Engineering driven by Government's thrust towards indigenization; whereas Heavy Engineering was impacted on order deferrals • Higher progress in Refinery business in Heavy Engineering and execution ramp up in Defence drives revenue growth • Higher margin in Q4 PY is explained by better progress in Nuclear jobs in Heavy Engineering The Defence Engineering business does not manufacture any explosives nor ammunition of any kind, including cluster munitions or anti-personnel landmines or nuclear weapons or components for such munitions. The business also does not customise any delivery systems for such munitions EPC PROJECTS | HI-TECH MANUFACTURING | SERVICES LARSEN & TOUBRO 27

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