Top

L&T stays bullish on growth

L&T expects to meet its order book target of Rs 1,55,000 crore which it had done last fiscal and has so far an order inflow of Rs 93,524 crore for the first nine month of this year.

L&T expects to meet its order book target of Rs 1,55,000 crore which it had done last fiscal and has so far an order inflow of Rs 93,524 crore for the first nine month of this year.

Thirty per cent of the orders were from international projects, primarily in the Middle East, said Mr R. Shankar Raman, CFO and board member, L&T on Friday.

It declared a consolidated gross revenue of Rs 26,058 crore, a growth of 8.4 per cent. The international revenue during the quarter was Rs 9,066 crore or 35 per cent of the total revenue. The consolidated order book of the group stood at Rs 93,534 cr with the international orders inflow accounting for 32 per cent.

Next Story