“During the beginning of the financial year we had given a guidance of 12—15 per cent growth in both order inflow as well as revenue. L&T said its infrastructure segment achieved customer revenue of Rs 12,467 crore, which was up 6 per cent. The transportation infrastructure and water and effluent treatment businesses contributed to the revenue growth during the quarter. International revenue constituted 37 per cent of the total customer revenue of the segment. Its IT and technology services achieved customer revenue of Rs 2,454 crore during the quarter, registering growth of 9 per cent.

Source: The Hindu January 28, 2017 13:52 UTC