sector: Industrials ·
industry: Engineering & Construction ·
As of
24 Nov 2009
217.00INR
McNally Bharat Engineering Company Ltd. (MBE) is an India-based company engaged in providing turnkey solutions in the areas of power, steel, alumina, material handling, mineral beneficiation, coal washing, ash handling and disposal, port cranes, civic and industrial water supply. IT has constructed over 250 plants on turnkey basis by MBE. The Company operates in segments, which include projects division and products division. The turnkey construction activity of the Company is managed by its projects division. MBE also manufactures a range of equipment, which is undertaken at two factories under the products division. MBE products division manufactures a range of products catering to a range of applications at two plants. One plant is located at Kumardhubi where large and heavy equipment are manufactured and the other at Bangalore from where process equipment are manufactured. It has two subsidiary companies: EWB Kornyezetvedelmi Kft. And EWB-MBE International Korneyezetvedelmi Kft.
BRIEF: For the three months ended 30 June 2009, McNally Bharat Engineering Company Ltd's revenues totaled RS2.69B, up from RS1.21B. Net income increased 98% to RS80.7M. Revenues reflect an increase in income from operations. Net income was partially offset by an increase in consumption of raw materials, higher staff costs, an increase in interest & finance charges and higher depreciation expenses.
McNally Bharat Engineering Company Ltd
4, Mangoe Lane
5th & 7th Floor
Kolkata 700 001
P: +9133.65500725
F: +9133.22480340