L&T gets orders worth Rs 27,000 cr from domestic clients in April so far

Analysts see these order wins as spill-overs from the quarter ended March, 2020

Engineering conglomerate Larsen & Toubro (L&T) on Friday announced a significant order win for its building and factory business. With this order, the company has announced order wins worth up to Rs 27,000 crore so far in April.

Most of these orders were from clients in the domestic market. In total, they are valued between Rs 14,500 crore and Rs 27,000 crore. The company does not disclose exact order values, but shares a range.

Analysts see these wins as a spillage from the March quarter.  However, the firm stands to gain owing to a large order book as well  as exposure to