‘Balance Sheet Stays, Cash Is Primary’: L&T’s Shankar Raman On Global Expansion, Middle East Bets
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 Raman said the company would continue executing projects only as long as they remained cash-flow…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
