Larsen & Toubro bags international orders worth Rs 1,404 crore

Larsen and Toubro (L&T) on Friday said it has bagged orders worth Rs 1,404 crore across various business verticals.

In a BSE filing, the company said its construction arm "has won orders worth Rs 1,404 crore".

The first order is worth Rs 1,014 crore, which it has received for electrification upgradation work in the Middle East.

"Another additional international order has been bagged by Larsen and Toubro..., for an additional third and fourth transformer unit....from Oman Electricity Transmission Company," the company added.

The company has also received Rs 390 crore order from an ongoing metro job in the international market, it added.

At 1254 hours, the shares of Larsen and Toubro were trading down 0.43% or Rs 4.90 at Rs 1,144.35 per scrip on the BSE.