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LARSEN & TOUBRO LIMITED

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L&T Construction Awarded contract for its Heavy Civil Infrastructure Business

01/10/2022 | 10:40am EDT

Mumbai: The construction arm of Larsen & Toubro has secured an order from the esteemed National High Speed Rail Corporation Limited (NHSRCL), to design and construct Package No. - MAHSR-C-5 of the Mumbai Ahmedabad High Speed Rail Project, the first High Speed Rail corridor being implemented in the country.

The major scope of work for the project comprises design & construction of Civil and Building works for a double line high speed railway of a length of 8.198 Km (Chainage 373.700 to Chainage 401.898). The scope also includes the major station of Vadodara, Confirmation Car Base, Viaduct and Bridges, Crossing Bridges, Architectural, MEP and other associated works.

The project alignment passes through Vadodara, Gujarat and the project is scheduled to be completed within 49 months.

L&T is already executing two other packages (MAHSR - C-4 and MAHSR C-6) of the high-speed corridor and takes pride in being associated with this prestigious project.

Over the years, L&T has significantly enhanced its capability to build faster, and reliable mass transit systems and this project is in line with its strategic goals.

Background:

Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.

Contact:

Ketan Bondre

E: ketan.bondre@larsentoubro.com

Tel: +91 22 66965237

Amit Biwas

L&T Construction

E: amit-biswas@lntecc.com

(C) 2022 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2022 1 569 B 20 251 M 20 251 M
Net income 2022 93 117 M 1 202 M 1 202 M
Net Debt 2022 1 053 B 13 591 M 13 591 M
P/E ratio 2022 24,8x
Yield 2022 1,40%
Capitalization 2 284 B 29 477 M 29 477 M
EV / Sales 2022 2,13x
EV / Sales 2023 1,92x
Nbr of Employees 40 253
Free-Float 84,3%
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Last Close Price 1 625,85 INR
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Sekharipuram Narayan Subrahmanyan Chief Executive Officer, MD & Executive Director
Ramamurthi Shankar Raman Chief Financial Officer & Executive Director
Anil Kumar Manibhai Naik Group Non-Executive Chairman
A. Sivaram Nair Secretary & Compliance Officer
Mukund Manohar Chitale Independent Non-Executive Director