Financial risk management

The principles for L&T’s financial risk management are defined in the financial policy approved by the Board of Directors. The purpose of financial risk management is to mitigate significant financial risks and strive to reduce the effects of the unfavourable fluctuations in the financial market on the Group’s result.

The Group’s financing and liquidity management are handled centrally at the Group’s financial management managed by the CFO. Transactions related to financial risk management are carried out by Group’s financial management.

More information on financial risk management in the financial statements (36. Financial risk management)