L&T Construction bags 'significant' contracts for its various businesses

TB

The company did not provide the value of the contracts, but said the orders fall under the "significant" category, which ranges between Rs 1,000 crore and Rs 2,500 crore, according to the classification of contracts.

Infrastructure company Larsen & Toubro (L&T) on Monday said its construction arm has bagged ''significant'' orders across various business segments in the domestic and international market.

The company did not provide the value of the contracts, but said the orders fall under the "significant" category, which ranges between Rs 1,000 crore and Rs 2,500 crore, according to the classification of contracts.

"L&T Construction, the construction arm of L&T, has won a slew of orders in India and abroad for its various businesses," the company said in a statement.

The company''s buildings and factories business has secured an order to construct multi-level parking and advocates chambers for the High Court at Allahabad, it said. The project is scheduled to be completed in 27 months.

The power transmission and distribution business has bagged an order for the turnkey construction of a sub-station in Saudi Arabia.

The smart world and communication business has bagged yet another Smart City project.

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The project has been awarded by the Moradabad Smart City Limited to design, develop, implement, and manage the operations and maintenance of a Command-and-Control Centre, CCTV surveillance, smart traffic solutions, and to integrate various ICT components with an Integrated Command and Control Center Platform for Moradabad, Uttar Pradesh.

Shares of Larsen & Toubro were trading at Rs 1,666.60 a piece on BSE, up 1.77 percent over its previous close.

PTI

TAGS: #(L&T #Business #Companies #Larsen & Toubro

FIRST PUBLISHED: AUG 30, 2021 02:05 PM

Surbhi Ind Standalone June 2021 Net Sales at Rs 3.10 crore, up 2709.25% Y-o-Y

AUG 30, 2021 / 07:55 PM IST

Reported Standalone quarterly numbers for Surbhi Industries. are:

Net Sales at Rs 3.10 crore in June 2021 up 2709.25% from Rs. 0.11 crore in June 2020.

Quarterly Net Profit at Rs. 0.75 crore in June 2021 up 140.72% from Rs. 1.84 crore in June 2020.

EBITDA stands at Rs. 1.64 crore in June 2021 up 520.51% from Rs. 0.39 crore in June 2020.

Surbhi Ind EPS has increased to Rs. 2.18 in June 2021 from Rs. 5.35 in June 2020.

 

SURBHI INDUSTRIES. STANDALONE QUARTERLY RESULTS IN RS. CR.

JUN'21 MAR'21 JUN'20 Net Sales/Income from operations 3.10 7.90 0.11 Other Operating Income -- -- -- Total Income From Operations 3.10 7.90 0.11 EXPENDITURE Consumption of Raw Materials 3.48 4.97 0.32 Purchase of Traded Goods -- -- -- Increase/Decrease in Stocks -2.93 -0.35 -0.25 Power & Fuel -- -- -- Employees Cost 0.55 0.83 0.27 Depreciation 0.74 0.74 0.74 Excise Duty -- -- -- Admin. And Selling Expenses -- -- -- R & D Expenses -- -- -- Provisions And Contingencies -- -- -- Exp. Capitalised -- -- -- Other Expenses 0.59 1.07 0.38 P/L Before Other Inc. , Int., Excpt. Items & Tax 0.67 0.66 -1.35 Other Income 0.23 0.26 0.22 P/L Before Int., Excpt. Items & Tax 0.90 0.91 -1.13 Interest 0.15 0.08 0.16 P/L Before Exceptional Items & Tax 0.75 0.83 -1.29 Exceptional Items -- -- -- P/L Before Tax 0.75 0.83 -1.29 Tax -- -0.53 0.55 P/L After Tax from Ordinary Activities 0.75 1.35 -1.84 Prior Year Adjustments -- -- -- Extra Ordinary Items -- -- -- Net Profit/(Loss) For the Period 0.75 1.35 -1.84 Equity Share Capital 3.44 3.44 3.44 Reserves Excluding Revaluation Reserves -- -- -- Equity Dividend Rate (%) -- -- -- EPS Before Extra Ordinary Basic EPS 2.18 3.94 -5.35 Diluted EPS 2.18 3.94 -5.35 EPS After Extra Ordinary Basic EPS 2.18 3.94 -5.35 Diluted EPS 2.18 3.94 -5.35 Public Share Holding No Of Shares (Crores) -- -- -- Share Holding (%) -- -- -- Promoters and Promoter Group Shareholding a) Pledged/Encumbered - Number of shares (Crores) -- -- -- - Per. of shares (as a % of the total sh. of prom. and promoter group) -- -- -- - Per. of shares (as a % of the total Share Cap. of the company) -- -- -- b) Non-encumbered - Number of shares (Crores) -- -- -- - Per. of shares (as a % of the total sh. of prom. and promoter group) -- -- -- - Per. of shares (as a % of the total Share Cap. of the company) -- -- -- Source : Dion Global Solutions Limited