L&T Bags Rs 1100 crores Orders in Buildings & Factories Segment

Larsen & Toubro Ltd (L&T) has informed us regarding a Rs 1,100 crore order. L&T’s Buildings & Factories Operating Company – part of its Construction Division – has bagged add on orders aggregating around Rs 1100 crores in the third quarter of 2008-09 from its ongoing developmental projects like mixed use developments at Chandigarh, Darley Road Tower in Sri Lanka, Airport Hotel at Bangalore and add on works at its airport projects.

These orders further enhance the order book of the Company which had already secured major design-&-build orders in the airports, IT Parks and commercial space. L&T has a significant market share in these segments.