Braithwaite & Co. Limited is an Indian public sector undertaking which is engaged in the manufacture of railway wagons, cranes and other engineering services. It is wholly owned by the Government of India and under the administrative control of the Ministry of Railways. Its headquarters are located at Kolkata, West Bengal.
Financials
The company reported total income of Rs.1103.92 crores during the Financial Year ended March 31, 2024 as compared to Rs.1044.76 crores during the Financial Year ended March 31, 2023.
There was a net profit of Rs.16.47 crores reported for the Financial Year ended March 31, 2024 as against net profit of Rs.49.73 crores for the Financial Year ended March 31, 2023.[2]
History
- The company was established in 1913 as the Indian Subsidiary of Braithwaite & Co. Engineers Limited (U.K.), for the fabrication of structural steel works.
- In 1930, it was incorporated as Braithwaite & Co (India) Ltd at Calcutta.