https://www.livemint.com/companies/news/larsen-and-toubro-ltd-s-profit-margins-to-remain-under-pressure-for-next-3-quarters-cfo-says-in-interview-11683913604021.html
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L&T chief financial officer R. Shankar Raman, in an interview, attributed the decline in profit margin to orders secured in FY21 and FY22, which make up approximately ₹2.31 trillion of L&T’s total order book valued at ₹4 trillion.
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