HomeNewsBusinessCorporate ActionWill enjoy 7-8% profitability on order received, says McNally Bharat
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Will enjoy 7-8% profitability on order received, says McNally Bharat

In an interview to CNBC-TV18, Srinivash Singh, MD of McNally Bharat Engineering said that the order received is to build solar plant for Andhra Pradesh Power Generation Company.

March 16, 2017 / 14:48 IST
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Mcnally Bharat Engineering buzzing in trade on the back of its big order win in Andhra Pradesh.

In an interview to CNBC-TV18, Srinivash Singh, MD of McNally Bharat Engineering said that the order received is to build solar plant for Andhra Pradesh Power Generation Company.

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He said that the timeline for completion of order is 15 months. However, will enjoy 7-8 percent profitability on the order, said Singh.

McNally Bharat's objective is to turn around in next one-two years.

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