L&T expects new orders of $3.7bn to $4.7bn in March quarter

Larsen & Toubro (L&T) expects to win orders worth Rs 20,000 crore to Rs 25,000 crore in the January-March quarter, an executive said on Thursday.

The construction and engineering company expects to stay within its guidance of 15-20 percent growth in its order book to Rs 80,000 crore to Rs 84,000 crore for the fiscal year ending in March, from a year earlier, its chief financial officer, R Shankar Raman, said. L&T Q3 net up 13% to Rs 1120cr, shrs up 2% on order inflow
L&T reported a 13 percent rise in net profit to Rs 1,122 crore for the third quarter, compared with Rs 992 crore a year earlier. Sales rose 10 percent to Rs 15,429 crore.