L&T bags Rs 1181cr in buildings & factories IC

Construction major Larsen & Toubro?s (L&T) Buildings & Factories Independent Company – part of its Construction Division ? has secured new orders aggregating to Rs 1181 crore during the third quarter for the construction of residential buildings, factories including a specialized support facility building.

L&T has secured new orders aggregating to Rs 558 crore for the construction of residential buildings in major cities from leading developers, said the company on Thursday.

In yet other development, new orders worth Rs 298 crore has been secured for the construction of factories from esteemed clients.

A turnkey project has been secured from a major client worth Rs 325 crore for the design & construction of a specialized support building facility.

These orders further enhance the order book of the company it has already secured for major design & build contracts in Airports, IT Parks commercial and residential space.

Larsen & Toubro is a USD 9.8 billion technology, engineering and construction group, with global operations.