L&T sees 20 per cent sales growth in FY11

MUMBAI: Larsen & Toubro Ltd expects 20 per cent sales growth in the current fiscal year to March 2011 on the back of a pickup in orders, a senior official said on Tuesday.

But the company is still seeing delays in project execution in the Middle East market, senior vice president R. Shankar Raman told reporters, after Larsen & Toubro announced its June quarter net profit that met street estimates.