Bengal Chemicals and Pharmaceuticals

Bengal Chemicals & Pharmaceuticals Ltd.
FormerlyBengal Chemical & Pharmaceutical Works Ltd. (BCPW)
Company typeCentral Public Sector Undertaking
IndustryChemical, Pharmaceutical
PredecessorBengal Chemical Works (1892–1901)
Founded12 April 1901; 123 years ago (1901-04-12) in Calcutta, Bengal Presidency, British India (now Kolkata, West Bengal, India)
FounderAcharya Prafulla Chandra Ray
Headquarters6 Ganesh Chandra Avenue,
Kolkata, West Bengal
,
India
Key people
P M Chandraiah (MD)
RevenueIncrease ₹100.5 crore[1] (2018-19)
Increase ₹25.26 crore[1] (2018-19)
OwnerMinistry of Chemicals and Fertilizers, Government of India
Number of employees
Decrease 195[1] (2018-19)
Websitebengalchemicals.co.in

Bengal Chemicals & Pharmaceuticals Ltd. (BCPL), formerly Bengal Chemical & Pharmaceutical Works Ltd. (BCPW), is an Indian central public sector undertaking under the ownership of Ministry of Chemicals and Fertilizers, Government of India.[2] lt manufactures industrial chemicals, pharmaceuticals like antibiotic injectables, tablets and capsules; and household products.[3]

Established in Kolkata, West Bengal in 1901 by Prafulla Chandra Ray, it is India's first government owned-pharmaceutical-manufacturer. While initially successful, it started making losses in the mid-1950s. The management of the company was taken over by the Union government on 15 December 1977, and the company was nationalised on 15 December 1980.[2] Following decades of losses, BCPL returned to profitability in financial year 2016–17.[4][5]

  1. ^ a b c "38th Annual Report 2018-2019" (PDF). Retrieved 23 June 2020.
  2. ^ a b "BCPL Today". Bengal Chemicals & Pharmaceuticals Ltd. Retrieved 23 June 2020.
  3. ^ "Bengal Chemicals Net at Rs 8.91cr, eyes Rs 200cr sale in FY'20". The Times of India. Press Trust of India. 5 April 2018. Retrieved 23 June 2020.
  4. ^ "Financial Results 2018-19" (PDF). Bengal Chemicals & Pharmaceuticals Ltd. Retrieved 23 June 2020.
  5. ^ Rakshit, Avishek (13 April 2017). "Bengal Chemicals posts profit after 63 years". Business Standard. Retrieved 23 June 2020.