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L&T gets Rs 1,629 cr orders in construction segment

This article was posted on Nov 3, 2011 and is filed under Market News

Engineering major Larsen and Toubro (L&T)’s construction division has bagged new contracts worth Rs 1,629 crore in the buildings and factories segment.

“A major design and build order worth Rs 900 crore was secured for the construction of a major IT campus facility during the end of the second quarter,” L&T said today in a statement.

The third quarter ushered in new orders worth Rs 729 crore for the construction of a commercial building, university, residential towers and an automobile factory from various clients, it said.

“These orders further enhance the order book of the company which has already secured major design and build contracts for airports, IT Parks, commercial and residential projects in India and abroad,” the firm said.

L&T is a $11.7 billion technology, engineering and construction group that operates globally.

Source: Business Standard

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