R Shankar Raman

Shankar Raman added that the fall in L&T's stock was mostly due to investors' focus on one element of value creation to the exclusion of others.

R Shankar Raman of L&T comments on market reactions, Q4 results & future outlook | Earnings Express

L&T reported a 10% year-on-year rise in its net profit in the fourth quarter of FY24 even as revenue increased by 15%. On May 8th, when the company announced its result, it signaled it expects no slowdown in international or domestic capital expenditure and expects order inflows to rise by 10% in FY25 and topline to grow by 15% on year. The company's chief financial officer R Shankar Raman speaks to Moneycontrol on the company’s plans for capex in FY25, acquisitions and foray into green hydrogen production and impact of the RBI's new draft guidelines on tighter norms for lending and heightened monitoring for under-construction infrastructure projects.

IT hiring will be more skill and outcome focused, as AI takes off: L&T CFO

L&T Group’s CFO R Shankar Raman told Moneycontrol that he expects engineering and technology arm LTTS perform slightly better in the next six-12 months as compared to IT services arm LTIMindtree amidst customers rethinking tech spends.

LTIMindtree relatively smaller to caution growth as a concern: L&T CFO R Shankar Raman

Larsen and Toubro’s Chief Financial Officer R Shankar Raman says that exits are a way of life in IT, and LTIMindtree's exits are a small number when compared to their total resource pool.

L&T will exit road portfolio by FY23, other divestments are work in progress: CFO

As a part of its asset-light strategy, L&T has identified some non-core operations that it wants to exit.

L&T sees FY23 revenue, order inflow growth at 12-15%, readies new strategic plan

L&T’s FY22 order inflow grew by 10% and revenue rose 15%, while it had earlier guided that both may have “low-to-mid teens” growth rate.

Interview | Budget plan implementation, faster dispute mechanism key to infrastructure growth: L&T CFO 

Larsen & Toubro’s Shankar Raman says dispute resolution will be a factor in the infrastructure sector’s progress   

Global trade barriers creating opportunities for India: L&T

Acknowledging that the general slowdown in the economy has impacted the construction sector in India, L&T's Whole Time Director and CFO R Shankar Raman said that the government also needs to create an environment for multilaterals, with huge development budgets, to invest in India.

Expect 2017-18 to be a better yr, order flow may improve: L&T

Speaking at the sidelines of Confederation of Indian Industry (CII) CFO Summit 2017 in Mumbai - Larsen & Toubro's CFO, R Shankar Raman said that he expects 2017-18 to be a better year for the company and that orders could trickle in over the next two quarters.

Union Budget 2017-18: Govt bets on wider tax base for its spending push, says Expert

The government is giving a push to spending but from where will the funds come from, wonders R Shankar Raman of L&T. He also said, the government is betting big on wider tax base as one of the funding mechanisms.

Budget 2017: Good for banking sector, says Shikha Sharma

In an interview to CNBC-TV18‘s Latha Venkatesh and Anuj Singhal, HP Ranina, Corporate Lawyer, Shikha Sharma, MD & CEO, Axis Bank, R Shankar Raman, Whole-Time Director & Chief Financial Officer, L&T and Sanjay Dutt, Director at Quantum Securities gave their take on Arun Jaitely‘s Union Budget and their outlook on the road ahead.

Budget 2016: PPP key for transportation & infra sector, says L&T

R Shankar Raman, Whole-Time Director and CFO, L&T, says the government has failed to recognize role of Public Private Partnership (PPP) in both the sectors.

L&T Q3 net up 19%, topline below target; order inflow rises 11%

Larsen and Toubro's (L&T) third quarter profit increased by 19.4 percent year-on-year to Rs 1,034.8 crore from Rs 866.5 crore in year-ago period.

L&T Q2 net up 15%; cuts FY16 order inflow, revenue guidance

L&T's Chief Financial Officer, R Shankar Raman says the company has slashed its order inflow guidance for FY16 to 5-7 percent from 15 percent earlier and revenue growth guidance to 12.5 percent from 15 percent earlier.

L&T Q1 profit tanks 37%; maintains FY16 revenue guidance

L&T won new orders worth Rs 26,376 crore in June quarter (including international orders worth Rs 8,110 crore), down 21 percent compared to Rs 33,408 crore worth of orders received in June 2014. Major orders were in infrastructure and hydrocarbon segments.

L&T eyes infrastructure assets listing in India

Mumbai-based Larsen initially wants to list assets valued in the "low" hundreds of millions of dollars, R Shankar Raman said, after deciding against an earlier plan to list the assets in Singapore.

L&T finds it difficult to divest stake in infra arm IDPL

It has been a year since L&T has been attempting to divest stake in its infrastructure arm IDPL. While reports suggest the company is hoping to raise over USD 500 million through a possible stake sale, the management says determining valuations of assets in this economic scenario is taking longer than expected.

Insurance mkt share will improve post Future Grp deal: L&T

In an interview to CNBC-TV18, Raman said that currently, Future Generali's market share is around 1.72 percent and is likely to go upto 1.82 percent post the deal

Biz seeing margin pressure from pricing end: L&T's CFO

R Shankar Raman, Whole-time Director and CFO of Larsen and Toubro said the past 24 months has made the competitive landscape more intense. He also added that they have witnessed pressure on margins from the pricing end.

Govt spend in infra space to pick up: L&T's Raman

avy engineering and construction major Larsen & Toubro expects government spend on infra development to pick up soon. R Shankar Raman, CFO,L&T in an interview with CNBC-TV18 said that the company is getting good orders from civil construction space.

L&T expects new orders of $3.7bn to $4.7bn in March quarter

Larsen & Toubro (L&T) expects to win orders worth Rs 20,000 crore to Rs 25,000 crore in the January-March quarter, an executive said on Thursday.

L&T exec says seeing early signs of govt spending on infra

Larsen & Toubro, India's top construction and engineering company, is seeing early signs of a government push on infrastructure spending, Chief Financial Officer R Shankar Raman said on Thursday.

Banking licence: Waiting for final RBI guidelines, says L&T

In an interview to CNBC-TV18, R Shankar Raman, chief financial officer, L&T says clearance of Banking Bill is a positive.

L&T: Analysts take on Q1 earnings & outlook

Heavy engineering and construction major Larsen & Toubro announced its June quarter numbers yesterday. Despite the company posting slightly better--then-- expected results, analysts remain cautious due to moderate domestic business environment and global uncertainties in near term.

See 2 more quarters of pain before order flow improves: L&T

R Shankar Raman, chief financial officer, Larsen & Tuobro speaking to CNBC-TV18 said order inflows from transportation infrastructure sector have picked up unlike power equipments and hydrocarbons segments but broader policy framework needs to be fine tuned.