OREANDA-NEWS. May 22, 2012. L&T Construction's Building & Factories IC has won new orders valued  2592 crore during the first quarter of 2012-2013.

In the residential buildings segment, new orders worth  1206 crore have been secured from leading developers for the construction of multistoried residential towers in Bangalore and Gurgaon including additional work in ongoing projects.

The commercial buildings segment has bagged orders worth  1165 crore for the construction of a mixed use development, hospital building and other institutional buildings in major cities across India.

In yet other development, new orders worth  221 crore have been secured from leading automobile players for the construction of factories.

Background:

Larsen & Toubro is a USD 12.8 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. It is one of the largest and most respected companies in India's private sector. A strong, customer - focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for over seven decades.