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L&T gains new orders worth Rs 1015 crore


L&T gains new orders worth Rs 1015 crore
Larsen & Toubro, the company which has global presence in engineering and construction business bagged new orders worth Rs 1015 crore in building and factories segment, the company informed BSE.

These orders have been divided in two parts: Commercial buildings segment and Residential buildings and factories segment.

Company secured order worth Rs 692 crore from reputed clients for the development of IT campuses, and for the construction of a commercial establishment..

It also secured new orders valued at Rs 323 crore for the for the construction of a residential tower and additional orders from on-going projects in the factories segments.

This is the another big order the company received this year in commercial buildings, residential buildings and factories segment. Last it bagged two orders worth Rs 2,000 crore in August.

“These orders further augment the order book of the company which has already secured major design and build contracts in the sectors of airports, IT parks, commercial and residential buildings," the company said in a statement to BSE.

Story first published: Monday, September 19, 2011, 13:22 [IST]
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