McNally Bharat Engineering Company Limited (MBE) has announced a significant addition to its board of directors, appointing Mr. Debidas Datta as an Independent Director, effective December 1, 2025. This strategic move is subject to shareholders' approval and is expected to bring valuable expertise to the company's leadership.

Extensive Experience in Infrastructure Development

Mr. Datta brings an impressive 44-year track record in water resources and infrastructure development to MBE's board. His extensive experience is expected to be a significant asset as the company navigates the complex landscape of engineering and infrastructure projects.

Key Details of the Appointment

Potential Impact on McNally Bharat Engineering

The appointment of Mr. Datta comes at a time when infrastructure development is a key focus area for many emerging economies. His expertise in water resources could be particularly valuable as MBE looks to expand its portfolio in this critical sector.

Looking Ahead

As McNally Bharat Engineering continues to strengthen its board, the addition of Mr. Datta signals the company's commitment to leveraging experienced leadership in its strategic decision-making process. Shareholders will be watching closely to see how this appointment influences the company's future projects and overall direction in the infrastructure space.

The company has not disclosed any immediate plans or specific roles for Mr. Datta beyond his position as an Independent Director. The full impact of his expertise on MBE's operations and strategy will likely unfold in the coming months, pending shareholder approval.

G G Engineering Limited has reported a net loss of ₹27.94 crore for the quarter ended September 30, 2025, marking a significant shift from the profit of ₹1,141.92 crore recorded in the same quarter last year. Despite the loss, the company saw an increase in revenue from operations, which rose to ₹4,233.06 crore from ₹3,578.12 crore year-on-year.

Financial Performance

The company's financial results for Q2 FY26 reveal a mixed picture:

The substantial increase in total expenses, which nearly doubled year-on-year, significantly impacted the company's profitability.

Segment Performance

G G Engineering operates through four segments:

1. Trading Division - Infrastructure
2. Engineering Based Services
3. Marketing Based Services
4. Dealing in Shares/Securities

The Trading Division - Infrastructure remained the primary revenue generator, contributing ₹4,260.06 crore to the quarterly revenue. However, the Dealing in Shares/Securities segment reported a loss of ₹27.01 crore, contrasting with a profit of ₹1,346.41 crore in the same quarter last year.

Half-Year Results

For the six-month period ended September 30, 2025, G G Engineering posted a profit of ₹176.46 crore on a revenue of ₹10,956.78 crore. This indicates that despite the Q2 loss, the company maintained profitability in the first half of the fiscal year.

Warrant Forfeiture

The company reported the forfeiture of 4,50,00,000 warrants as warrant holders failed to exercise them by the June 14, 2025 deadline. This action was taken in accordance with SEBI regulations, resulting in the lapse of these warrants and the forfeiture of the amount already paid.

Balance Sheet Highlights

As of September 30, 2025, G G Engineering's balance sheet showed:

• Total Assets: ₹26,960.68 crore
• Total Equity: ₹23,226.09 crore
• Current Liabilities: ₹3,527.19 crore

The company maintains a strong equity position, with a paid-up equity share capital of ₹15,844.99 crore and other equity of ₹7,381.10 crore.

Earnings Per Share

The Basic and Diluted Earnings Per Share (EPS) for Q2 FY26 stood at ₹0.00, down from ₹0.07 in Q2 FY25, reflecting the impact of the quarterly loss on shareholder returns.

While G G Engineering has shown revenue growth, the significant increase in expenses and the loss in the securities trading segment have led to a challenging quarter. The company's performance in the coming quarters will be crucial in determining its ability to address these challenges and return to profitability.