L&T’s Shankar Raman says scale helps offset volatility
In short
L&T’s Shankar Raman said the company’s size should help keep results stable. He said there should not be huge swings unless L&T does something “dramatically well” or “dramatically stupid.”
This matters because it signals management confidence in steadier performance. The report does not say when he spoke, what business he was referring to, or any numbers behind the comment.
What the reporting says
L&T’s Shankar Raman said the company’s scale should keep outcomes steady, according to a publisher summary. He said that unless L&T does something “dramatically well” or “dramatically stupid,” he does not expect huge volatility in results. The reporting does not identify the occasion for the remarks or give any financial figures.
Why it matters
L&T’s Shankar Raman said the company’s scale should help keep outcomes steady, and he suggested there should not be major volatility unless L&T does something unusually strong or unusually poor. The remarks point to management confidence in stability at L&T, but the reporting does not provide a setting, date, or financial guidance. The business impact is therefore limited to sentiment.