L&T Construction bags orders worth Rs 1,060 crore in domestic market

Larsen & Toubro (L&T) on Thursday said its construction arm has won orders worth Rs 1,060 crore in the domestic market.

"The smart world and communication business has secured a major order from the Andhra Pradesh State FiberNet Limited (APSFL) for Bharatnet Phase-II works to establish an IP/MPLS Infrastructure covering the 13 districts of Andhra Pradesh," the engineering and construction major said in a BSE filing.

The scope of the work involves creation of a digital infrastructure-including-implementation, end to-end integration and commissioning of Internet Protocol/Multiprotocol Label Switching (IP/MPLS) Network, network operating centre, disaster recovery and cloud-based data centre the company added.

L&T said another order has been secured from Pimpri-Chinchwad Smart City for the creation of a city network backbone and implementation of smart elements such as Wi-Fi, smart kiosks and variable message displays across the city.

Shares of the company were trading at Rs 1,427.25 apiece, up 0.06 per cent, from the previous close on BSE.

Larsen & Toubro Limited