The company aims to generate a major part of its revenues from wagon manufacturing as it is equipped to make all kinds of freight coaches. At present, the company earns nearly 50 per cent of its revenues from wagon repairs and a little less than 50 per cent from wagon manufacturing. Kumar said Braithwaite was dealt a devastating blow in 2013-14 when it suffered a Rs 42-crore loss because of a sudden fall in wagon prices. Wagon repair contracts from the Indian railways, the parent organisation of Braithwaite, helped the company to report profit in the last financial year. Kumar said that Braithwaite had also delivered 15 milk tanks to Amul in the last three months.

Source: The Telegraph September 26, 2018 19:41 UTC