There is a lot of work in progress for the future but the roadmap has not been indicated said Shankar Raman, the finance chief at L&T.
Whole-time Dir & CFO R Shankar Raman told CNBC-TV18 that he is not surprised by volatility in seen in L&T's margins.
CNBC-TV18 honours India Inc‘s top chief financial officers (CFOs) in a gala even in Mumbai. The CFO of Larsen & Tubro, Shankar Raman won the best CFO of the year award. In a special interview to CNBC-TV18, Shankar Raman says, staying optimistic was the only key to survive in this difficult business environment.
I have with me three of the sharpest minds from corporate India. Two of them actually sharp finance minds Koushik Chatterjee, Group CFO of Tata Steel and Shankar Raman, CFO of Larsen and Toubro (L&T); also joining me is Mr. Pawan Goenka, President – Auto, Mahindra & Mahindra (M&M).
Even as sluggish orders from power sector continue to worry Larsen & Toubro, its other business segments like hydrocarbons and urban infra will boost order book going ahead, the company's chief financial officer, Shankar Raman told media yesterday.
Heavy engineering major Larsen & Toubro is on track to meet its full-year order flow guidance of Rs 80,000-85,000 crore, Whole Time Director and Chief Financial Officer Shankar Raman said at a press conference on Thursday.