The construction arm of Larsen & Toubro has won orders worth INR 2275 crore across various business segments.
Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 2,265 crore from Andhra Pradesh Capital Region Development Authority.
Construction major Larsen & Toubro said its hydrocarbon subsidiary won an order worth over Rs 1,600 cr from Hindustan Petroleum Corporation Ltd for its Visakhapatnam Refinery.
The Indian Railways’ plan to electrify its entire network in the next four years could potentially expand the order pipeline of capital-goods makers by Rs 40,000 crore, with the national transporter seeking to shrink its operating costs through lower reliance on fossil fuels.
Infrastructure giant Larsen & Toubro (L&T) reported a consolidated net profit after accounting for losses in joint ventures and associates of Rs 2,020 crore in September quarter, up 32 percent increase from the corresponding period last year.
Larsen & Toubro (L&T) hit a 52-week high of Rs 1,260, up 3.5% on the BSE after the company said its construction arm has won orders worth Rs 4,023 crore across various business segments.
Kundankulam Nuclear Power Project: Reliance Communications Is Lowest EPC Contract Bidder, Beats Tata Projects, L&T
Reliance Infrastructure (RInfra) has emerged as the lowest bidder (L1) with a Rs 1,000-crore bid for an engineering, procurement and construction (EPC) contract at the Kudankulam nuclear power project in Tamil Nadu
Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 3,551 crore across business segments.
The return on equity at Larsen & Toubro (L&T) should climb in the next three years as India’s biggest infrastructure company exits non-core businesses, and enhances the financial performance at a northern power plant for which it has just secured a commercially favourable ruling.
Larsen & Toubro (L&T) expects state-run ONGC to finalise 3-4 projects worth around Rs 5,000 crore before March and would be bidding for them, the hydrocarbon head of the $17-billion engineering major said.