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.
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