Wednesday, August 24, 2011

L&T Construction bags orders worth Rs.1,340 crore


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Engineering and construction major Larsen and Toubro (L&T)  on Wednesday said it has secured new orders worth Rs. 1,340 crore in building and factories segment during Q2 FY12 for the construction of commercial and residential buildings, including add-on orders from ongoing projects.


The company has secured new orders aggregating to Rs. 975 crore for building a mixed use commercial development and construction of the main civil works for an IT campus from reputed customers, it said in a  statement.
It has also received an order worth Rs. 203 crore for the construction of a residential tower from a leading developer.
Besides, it has secured add-on orders worth Rs. 162 crore from various clients for ongoing contracts. These orders further enhance the order-book of the company, which has already secured major design and build contracts in airports, IT parks, commercial and residential space, it said.

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