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

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.

May 10, 2024 / 11:02 IST
Story continues below Advertisement

Moneycontrol News
first published: May 10, 2024 11:02 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!