REPORT PROFILE
ABOUT OUR INTEGRATED REPORT
Our FY24 Integrated Report sums up our financial as well as non-financial performance during the year, and informs all our stakeholders about our governance practices, material issues, risks, opportunities, strategy, and prospects. Through this Report we are sharing LTIMindtree's vision for digital transformation, aligning with our overarching purpose, strategy, and business model. We are providing here a transparent overview of how we create value for our stakeholders across the short, medium, and long term through the Company's financial, environmental, societal activities and achievements.

SCOPE OF REPORTING

REPORTING PERIOD

This Report is published annually for the period April 1, 2023 to March 31, 2024.

REPORTING BOUNDARY

This Report covers information on the Indian and international operations of LTIMindtree Limited (Parent Company) and its subsidiaries which is collectively referred to as the 'Group'. The Group has presence across 38 countries comprising 117 offices. Refer to the AOC-1 on p.240 for details of subsidiaries.

FINANCIAL AND NON-FINANCIAL REPORTING

This Report goes beyond financial Reporting to cover LTIMindtree’s non-financial performance, opportunities, risks and outcomes attributable to or associated with our key stakeholders, which have a significant influence on our ability to create value.

MATERIALITY

This Report focuses on information that is material to our business. It provides a concise overview of the Company’s performance, prospects, and ability to provide sustainable value for all its stakeholders. The legitimate interests of all stakeholders have been considered and all material information has been included in this Report. Read more

TARGETED READERS

This Report is primarily intended to address the information requirements of long-term investors. We have attempted to present information in a manner that is relevant to the way we create value for other key stakeholders, including our employees, customers, regulators, and society.

OUR CAPITALS

Our ability to create long-term value is interrelated and fundamentally dependent on various forms of capitals available to us (inputs), how we use them (value-accretive activities), our impact on them and the value we deliver (outputs and outcomes).

Financial
capital

Manufactured
capital

Intellectual
capital

Human
capital

Social and relationship capital

Natural
capital

Read more
REPORT ALIGNMENT

This Report aligns with the principles and guidelines of the following:

  • International <IR> framework of the International Integrated Reporting Council (IIRC) (known as IFRS Foundation)
  • United Nations Sustainable Development Goals (UN-SDGs)
  • United Nations Global Compact Principles (UNGC)
  • National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of business (NVG-SEE)
  • The Companies Act, 2013 (and the rules made thereunder)
  • Indian Accounting Standards
  • Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standards issued by the Institute of Company Secretaries of India

SUSTAINABILITY/ESG INDICES PARTICIPATED IN

We are proud to have our efforts in sustainable development recognized by industry-leading rating and ranking agencies.

BOARD’S SUPPORT FOR VALUE CREATION

TO OUR SHAREHOLDERS AND OTHER STAKEHOLDERS

We are pleased to present our Integrated Annual Report 2023-24 to our shareholders and other stakeholders. This Report provides relevant information about the performance, operating context, governance, material risks and opportunities, strategy and future prospects of LTIMindtree Limited.

BOARD RESPONSIBILITY STATEMENT

As the Board, we acknowledge our responsibilities to ensure the integrity of this Integrated Annual Report. We have, accordingly, applied our collective mind and believe this report addresses all material issues and presents the integrated performance of the Company and its impact in a fair and accurate manner. We approved the Integrated Annual Report 2023-24 on April 24, 2024.

FEEDBACK

We welcome feedback on our suite of reports to ensure that we continue to disclose information that is pertinent and conducive to stakeholder decision-making.

FORWARD-LOOKING STATEMENTS

Certain statements in this document constitute ‘forwardlooking statements’, which involve known and unknown risks and opportunities, other uncertainties, and important factors that could turn out to be materially different following the publication of actual results.

These forward-looking statements speak only as of the date of this document. The Company undertakes no obligation to update publicly, or release any revisions, to these forward-looking statements, to reflect events or circumstances after the date of this document, or to reflect the occurrence of anticipated events.