Larsen & Toubro bags orders worth Rs 1,672-crore

Infrastructure firm Larsen & Toubro (L&T) today said its construction arm has bagged orders worth Rs 1,672 crore across various business verticals. The company’s construction arm “has won orders worth Rs 1,672 crore”, it said in a BSE filing. 

The first order is worth Rs 967 crore, received from UP Avas Vikas Parishad, for a multi-storey residential project in Lucknow. The firm’s power and distribution business has bagged Rs 580 crore project in international markets. 

The company said it has also received Rs 125 crore order from ongoing jobs of L&T Construction’s water and effluent treatment business. Larsen & Toubro shares were trading up 0.58 per cent at Rs 1190.60 during the morning session on BSE.