- Business
- Andrew Yule & Company Limited manufactures industrial equipment and produces tea as a Central Public Sector Enterprise under India's Ministry of Heavy Industries. The company offers power and distribution transformers, high voltage switching gear, low voltage control gear, flame-proof switch gear, voltage regulators, rectifiers, circuit breakers, switches, industrial fans including centrifugal fans, air pollution control equipment, water pollution control systems, tea machinery, plant communication systems, fire alarm and detection systems, and turnkey engineering projects; it also operates 12 tea estates in Darjeeling, Assam, and Dooars regions producing orthodox and green tea. Founded in 1863 and headquartered in Kolkata, India, Andrew Yule serves heavy engineering, electrical, and plantation sectors with operations primarily in India and exports to the United Kingdom and Poland. Recent developments include board meetings in 2025 to approve unaudited financial results, such as the consolidated net loss of Rs 0.02 crore for the quarter ended September 2025 amid a 19% sales decline to Rs 71.51 crore, the closure of its Electrical-Kolkata Operation following a merger effective November 2021, and routine annual general meetings with no final dividend recommended for fiscal 2024-25.