Larsen & Toubro's (L&T) current order book is worth Rs 90,000 crore, its Chairman and Managing Director A M Naik said here today.
Asked if L&T is looking at diluting stake or selling any of its business for raising funds, he told reporters, "not at this point". On the company's capital and debt-raising plans, Naik said L&T Finance is raising Rs 500 crore.
"Otherwise, we already have Rs 8000 crore to Rs 9,000 crore cash. So we have no interest in raising any equity".
He said L&T is looking at both domestic and international markets for orders.
"From time-to-time, you have seen we are getting projects in West Asia, Gulf and the Far-East", Naik added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app