Lok Sabha Question No. 4043 (UNSTARRED), answered on 2026-03-17
Subject: Central Public Sector Enterprises (CPSEs) Headquartered in Kolkata
Ministry: HEAVY INDUSTRIES
Asked by: Shri Kunduru Raghuveer, Shri Jagannath Sarkar

## GOVERNMENT OF INDIA MINISTRY OF HEAVY INDUSTRIES

## LOK SABHA

## UNSTARRED QUESTION NO. 4043 ANSWERED ON 17.03.2026

## CENTRAL PUBLIC SECTOR ENTERPRISES (CPSES) HEADQUARTERED IN KOLKATA

## 4043.  SHRI JAGANNATH SARKAR: SHRI KUNDURU RAGHUVEER:

## Will the Minister of HEAVY INDUSTRIES be pleased to state:

- (a)  the  details  regarding  list  of  Central  Public  Sector  Enterprises  (CPSEs)  headquartered  in Kolkata, along with their profitability,  revenue and number of  employees during the past five years;
- (b) the details regarding number of CPSEs in Kolkata currently operating at a loss, the reasons for their financial performance and the steps being taken, if any, to improve their profitability;
- (c) the details regarding measures implemented by the Government to enhance the efficiency and competitiveness  of  CPSEs  headquartered  in  Kolkata  including  modernization  and  digital transformation initiatives;
- (d) whether the Government plans to restructure or divest any CPSEs headquartered in Kolkata and the expected impact on their employees and operations; and
- (e) if so, the details thereof?

## ANSWER THE MINISTER OF STATE FOR HEAVY INDUSTRIES (SHRI BHUPATHIRAJU SRINIVASA VARMA)

- (a) : Three operational CPSEs viz. Andrew Yule & Company Limited (AYCL), Bridge And Roof Company (India) Limited (B&R) and Braithwaite Burn and Jessop Construction Co. Ltd. (BBJ), under the administrative jurisdiction of Ministry of Heavy Industries have headquarters in Kolkata. The details of profitability, revenue and number of employees in last five years of these CPSEs is Annexed .
- (b) & (c): Amongst  these  CPSEs,  AYCL  has  incurred  loss  in  Tea  Division  and  has  been passing  through  acute  financial  crisis  since  2023  mainly  due  to  Pest  (looper  caterpillars)  and Fungal (fusarium) attack on tea plantation, adverse climatic conditions, erratic rainfalls, and low sale  realization.  The  Government  has  permitted  AYCL  to  dispose  6%  stake  in  its  associate company for generating internal resources to overcome the immediate financial crisis.
- (d): No such proposal is under consideration in Ministry of Heavy Industries.
- (e): Does not arise

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Annexure

Annexure referred to in reply to part (a) of Lok Sabha Unstarred Question No. 4043 for answer on 17.03.2026 regarding 'Central Public Sector Enterprises (CPSEs) Headquartered in Kolkata'

Details of profitability, revenue and number of employees in last five years of the CPSEs under the administrative jurisdiction of Ministry of Heavy Industries having headquarters in Kolkata:

| Name of CPSE                                            | Particulars                     |   FY 20-21 | FY 21-22   |   FY 22-23 | FY 23-24   | FY 24-25   |
|---------------------------------------------------------|---------------------------------|------------|------------|------------|------------|------------|
| Andrew Yule & Company Limited (AYCL)                    | Revenue (Rs. in Crore)          |     330.51 | 414.39     |     374    | 310.00     | 312.00     |
| Andrew Yule & Company Limited (AYCL)                    | Profit after Tax (Rs. in Crore) |      21.19 | (-) 0.90   |       1.17 | (-) 64.22  | (-) 25.53  |
| Andrew Yule & Company Limited (AYCL)                    | No. of employees                |   14565    | 14387      |   14254    | 14169      | 13959      |
| Bridge And Roof Company (India) Limited (B&R)           | Revenue (Rs. in Crore)          |    2708.84 | 3214.65    |    3328.35 | 4014.28    | 4532.03    |
| Bridge And Roof Company (India) Limited (B&R)           | Profit after Tax (Rs. in Crore) |       7.8  | 21.28      |      40.9  | 74.92      | 102.37     |
| Bridge And Roof Company (India) Limited (B&R)           | No. of employees                |    1131    | 1089       |    1028    | 963        | 880        |
| Braithwaite Burn and Jessop Construction Co. Ltd. (BBJ) | Revenue (Rs. in Crore)          |     103.61 | 141.84     |     308.23 | 260.75     | 195.78     |
| Braithwaite Burn and Jessop Construction Co. Ltd. (BBJ) | Profit after Tax (Rs. in Crore) |      11.68 | 3.15       |       8.86 | 20.63      | 30.6       |
| Braithwaite Burn and Jessop Construction Co. Ltd. (BBJ) | No. of employees                |      82    | 78         |      72    | 69         | 60         |

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