Investor Presentation - Q2/H1 FY22

Developmental Projects Segment Net Revenue 3% ↑ 11.7 16.9 Net Revenue 36% ↑ 11.4 0.4 0.9 11.0 10.8 Q2 FY21 Q2 FY22 5.3% EBITDA Margin 4.1%↓↓ Power Development 0.7 16.2 23.0 1.4 21.6 H1 FY21 H1 FY22 5.8% EBITDA Margin 1.9%↓ Hyd Metro (Amount in bn) Segment includes Power Development business (Thermal & Hydel up to the date of divestment) and Hyderabad Metro Lack of coal availability impacts Nabha revenue in Q2; whereas subsiding Covid 2nd wave leads to improved Metro ridership Segment margin impacted by non recognition of Nabha margin from Q3FY21 Roads & TL concessions (part of L&T IDPL) are consolidated at PAT level under the Equity method EPC PROJECTS | HI-TECH MANUFACTURING | SERVICES → LARSEN & TOUBRO 33

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