MoneyWorks4Me

L&T’s construction arm bags orders worth Rs 1404 crore

19 Feb 2016 Evaluate

Larsen & Toubro’s (L&T) construction arm -- L&T Constructions has won orders worth Rs 1404 crore across various businesses. Under Power Transmission & Distribution business, the company has secured orders worth Rs 1014 crore. A major order has been received for an electrification upgradation work in the Middle East from a prestigious customer. Another additional International order has also been bagged by Larsen & Toubro (Oman) LLC, a subsidiary of Larsen & Toubro, for an additional third and fourth transformer unit of 132/33KV, 125 MVA at Madinat Barka and Al Khadra Grid Stations from Oman Electricity Transmission Company.  Under Heavy Civil Infrastructure Business, it has bagged an additional order worth Rs 390 crore from an ongoing metro job in the international-market.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 15 billion in revenue. It operates in over 30 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for over seven decades.

Peers
Company Name CMP
Larsen & Toubro 3830.15
Kalpataru Projects 1400.00
NCC 135.95
Rail Vikas Nigam 201.15
KEC International 402.00
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