An order worth Rs 200 crore in the month of October has taken the total order book of Mcnally Bharat to Rs 1,000 crore, says Deepak Khaitan, chairman of the company. “We are looking at a topline of Rs 2,200 crore for Mcnally independently,” he said. However, he adds that next year looks tight due to delayed projects.
As on October 1st, the company’s order book stood at Rs 3,500 crore. The company was initially targetting Rs 4,000-4,500 crore order books for this year. “Through cost control and better negotiation we are trying to increase our margins, but we are not taking any order at lower margins,” added Patel.
....more info