L&T construction arm bags orders worth Rs 4,023 cr across business segments

Larsen & Toubro
Larsen & Toubro (L&T) on Friday said its construction arm has won orders worth Rs 4,023 crore across business segments.

"The construction arm of L&T has won orders worth Rs 4,023 crore," the engineering and construction major said in a BSE filing.

L&T said its heavy civil infrastructure business has bagged orders worth Rs 1,906 crore in the domestic market, while its building and factories business received an order worth Rs 830 crore.

L&T's water and effluent treatment business and power transmission and distribution business has bagged orders worth Rs 788 crore and Rs 342 crore respectively.

Smart world communication business of L&T has won an order worth Rs 157 crore.

Shares of the company were trading at Rs 1,239.85 apiece, up 1.91 per cent from the previous close on BSE.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel