Larsen & Toubro (L&T) has reported a new high in terms of order book and order inflows for the September quarter. R Shankar Raman, the chief financial officer (CFO) and whole-time director of L&T, discusses the company’s prospects in West Asia, India’s order inflows and L&T’s new businesses, in an online interaction with Amritha Pillay. Edited excerpts.
With the robust growth in revenues and order inflows, will the company shift focus on margins?
The focus was always on margins. In our business, unfortunately the cost gets committed upfront to the client, and the execution takes anywhere between three and four