This FY21 order efflux can be a result of the powerful momentum witnessed in H2FY21. The get pipeline remains healthier for FY22, as private CAPEX is likely buying up momentum as well as the company’s large and diversified purchase book presents balanced profits visibility. Considering that the past five-12 months system announced in 2016, L&T has become reinforcing its company product by retreating from noncore enterprises, being asset-gentle, and honing its concentration on receivables in place of just execution. It has properly prioritized the robustness of its equilibrium sheet over advancement amid the global covid pandemic and perpetually maintaining significant liquidity.
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