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‘Balance Sheet Stays, Cash Is Primary’: L&T’s Shankar Raman On Global Expansion, Middle East Bets

‘Balance Sheet Stays, Cash Is Primary’: L&T’s Shankar Raman On Global Expansion, Middle East Bets
Photo: Free Press Journal · view original

Mumbai: Larsen & Toubro (L&T) is placing greater emphasis on cash generation and balance-sheet strength rather than pursuing revenue growth alone, even as the engineering major expands its global presence and builds a record order book. L&T President and Whole-time Director (Finance) R Shankar Ra...

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