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L&T wrote off orders worth Rs 16,000 crore last fiscal, says report

Updated : May 29, 2018 06:37 PM IST

Larsen & Toubro is optimistic about this year and is looking bounce back with help of business opportunities.
The company expects the government to announce big projects ahead of next year’s general elections.
The cancelled orders accounted for 6% of the total order of the company during the last financial year.
L&T wrote off orders worth Rs 16,000 crore last fiscal, says report

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