Prabir Ghosh

Though the overall debt is a concern; it is not out of control since most of it is working capital debt backed by good assets said Prabir Ghosh, wholetime director & group CFO, McNally Bharat.

McNally Bharat's UK exit to relieve co's balance sheet

One good thing in the entire deal is that the company has made a profit of almost USD 2.5 million, which will be recognised in the parent company through a subsidiary profit and in Singapore this is a tax free profit, says Prabir Gosh.

Will complete MBE Coal order in 20 mnths: Mcnally Bharat

"The order is for the complete package of beneficiation equipment which will be supplied in the Ural area of Russia," says Prabir Ghosh, Wholetime Director and Group CFO, Mcnally Bharat Engineering.

See full year EBITDA margin at 9%: McNally Bharat

The company's borrowing has gone up because of payments getting tight in the market. As a result, interest payout too has gone up.

McNally Bharat eyes Rs 1500 cr order in H2, can't pare debt

According to Prabir Ghosh, this is the first year when the company has received orders in oil and gas sector reflecting positive development in the overall strategy of the company.

FY14 orderbook seen in Rs 3000-4000cr range: Mcnally Bharat

Mcnally expects reasonable revenue growth in FY14. They aim for an orderbook of Rs 3000-4000 crore going ahead.