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    HomeNewsOpinionShareholder returns in sweet spot as L&T reins in balance sheet woes

    Shareholder returns in sweet spot as L&T reins in balance sheet woes

    The company reined in its working capital to 22.3 percent of sales in FY21 from 23.7 percent in FY20.

    Vatsala Kamat
    May 27, 2021 / 20:25 IST
    Apart from a resilient March quarter performance and spirited management commentary on revenue and order traction in the current financial year, shareholders of Larsen and Toubro Ltd (L&T) have other reasons to hope for rewarding times ahead.
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