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Business News/ Companies / News/  L&T wins orders worth 2,215 crore
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L&T wins orders worth ₹2,215 crore

Additional orders worth Rs116 crore have also been received from other businesses of L&T Construction, says the company

For the December quarter, L&T had revised its order inflow guidance for this fiscal year to a range of 15% to 20%, from the earlier guidance of an absolute 20%. Photo: Mint (Mint )Premium
For the December quarter, L&T had revised its order inflow guidance for this fiscal year to a range of 15% to 20%, from the earlier guidance of an absolute 20%. Photo: Mint
(Mint )

Mumbai: India’s biggest engineering and construction firm Larsen and Toubro Ltd (L&T) on Tuesday said it had won orders worth 2,215 crore across various business segments over the last two months.

The power transmission and distribution business contributed 1,137 crore of new orders, 962 crore of orders went to the buildings and factories unit that includes a repeat order of 732 crore for a commercial project in Oman.

“Additional orders worth 116 crores have also been received from other businesses of L&T Construction," the company said in its statement.​

For the December quarter, the company had revised its order inflow guidance for this fiscal year to a range of 15% to 20%, from the earlier guidance of an absolute 20%.

The company’s net profit rose to 870 crore in the quarter ended 31 December from 800 crore in the year-earlier period. As on 31 December 2014, the consolidated order book for the company was at 2.26 trillion.

At 12.26pm, Larsen and Toubro Ltd was trading at 1,833.80 on the BSE, down 0.53% from the previous close, while the benchmark Sensex Index rose 0.11% to 29,492.80 points.

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Published: 03 Mar 2015, 01:27 PM IST
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