In an interview with CNBC-TV18, Y M Deosthalee, CFO of Larsen and Toubro said that current order book of the company stood at Rs 44000 crore. 35%-40% of order book from infrastructure projects, which not including power.
The company is looking at an order book growth of 25% and 30% plus growth in topline, he said.
Average execution period is of 2 years for the order book.
The company has no plans of raising funds in the pipeline. It raised USD 275-280 million in syndicated loans, USD 400 million in GDR offering, he added.
L&T Infotech IPO is likely in H2 2008. L&T Infra Development will go for IPO by 2009-10, he said.
Source: Moneycontrol.com
Saturday, December 1, 2007
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