BSEBoard Meeting6d ago · 14 Aug 2026, 12:45 pm

Unaudited Standalone Financial Results for the quarter ended June 30, 2026

BF Utilities Ltd-$ · 532430

✦ AI Summary▼ NegativeResults

BF Utilities Ltd has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company reported a profit before tax and exceptional items of Rs. 500.92 crore, a decline from Rs. 929.05 crore in the same quarter last year. The net revenue for the quarter stood at Rs. 659.55 crore, with the wind mills segment contributing Rs. 659.55 crore and the infrastructure segment contributing Rs. 250.92 crore.

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Earnings Impact4/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment3/10

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BF Utilities Ltd-$ - 532430 - Board Meeting Outcome for Unaudited Standalone Financial Results For The Quarter Ended June 30, 2026

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BF UTILITIES CIN:L40108PN2000PLC015323 SECT/BFUL/ August 14,2026 National Stock Exchange of India Ltd. SSE Limited Exchange Plaza, Bandra-Kurla Complex Phiroze Jeejeebhoy Tower Sandra (E), Dalal Street, Fort, Mumbai - 400 051 Mumbai - 400 001. SYMBOL - BFUTILITIE Scrip Code - 532430 ISIN No - INE243D01012 Sub: Outcome of Board Meeting Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") Dear Sir/Madam, This is to inform you that the Board of Directors of the Company, in its Meeting held on Friday, August 14, 2026 has discussed and approved the Unaudited Standalone Financial Results of the Company for the quarter ended June 30, 2026 along with Limited Review Report issued by Statutory Auditors of the Company, G. D. Apte & Co., Chartered Accountant for the quarter ended June 30, 2026 in terms of Regulation 33 of SEBI (Listing Regulations and Disclosure Obligations) Regulations, 2015. A copy of the same is enclosed herewith. The same will also be made available on the Company's website www.bfutilities.com The Board meeting started at t I• I ~ Hrs. and concluded at I 2,.. • 3 !J Hrs. Thanking You, Yours Faithfully, For BF Utilities Limited Pragati S. Rai Company Secretary Secretaria l@bfu ti Ii ties. com Encl: as above KALYANI GROUP COMPANY BF UTILITIES LIMITED, MUNDHWA, PUNE CANTONMENT, PUNE 411 036, MAHARASHTRA, INDIA Phone:+91 7719004777, Email: Secretarial@bfutilities.com /Website: www.bfutilities.com BF UTILITIES LIMITED Regd. Office : Mundhwa, Pune Cantonment. Pune 411 036 CIN • L40108PN2000PLC015323 Rs. in Lakhs STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2026. Sr. Particulars Quarter ended Year ended No. 30th June, 31st March, 30th June, 31st March, 2026 2026 2025 2026 (Unaudited) (Audited) (Unaudited) (Audited) 1 Revenue from operations 588.05 166.56 576.57 1,886.07 2 Other income 71.58 84.39 1,148.79 1,448.18 3 Total revenue (1+2) 659.63 250.95 1,725.36 3,334.25 4 Expenses Changes in inventories (0.54) (0.55) 1.42 0.49 Employee benefit expenses 111.07 58.82 55.04 262.88 Finance costs 0.13 0.05 - 0.05 Depreciation and amortization expense 13.76 13.72 16.81 63.87 Other expenses 1,036.13 643.15 723.04 2,344.36 Total expenses 1,160.55 715.19 796.31 2,671.65 5 Profit/ (Loss) before tax and exceptional items (3-4) (500.92) (464.24) 929.05 662.60 6 Exceptional items - 129.13 - (88.99' 7 Profit I (Loss) before tax (5 + 6) (500.92) (335.11) 929.05 573.61 8 Tax expense/ (Credit) : a) Current tax - - 290.00 385.00 b) (Excess)/ Short provision of earlier years - - - - b) Deferred tax charge I (Credit) 2.06 28.95 (3.07 (34.79' Total Tax expenses 2.06 28.95 286.93 350.21 9 Profit I (Loss) for the period (7+/-8) (502.98) (364.06) 642.12 223.40 10 Other Comprehensive Income / (Loss) A. Items that will not be reclassified to Profit and Loss Gain I (Loss) on Remeasurement of defined benefit plan 0.30 6.79 (3.42) 1.20 Gain I (Loss) on Fair valuation of financial Instruments 3.50 (3.04) 2.60 5.66 B. Items that will be reclassified to Profit and Loss - - . . 3.80 3.75 (0.82) 6.86 -Tax expense/ (Reversal) on above 0.07 1.26 (0.93) 1.05 Total Other Comprehensive Income/ (Loss) 3.73 2.49 0.11 5.81 11 Total Comprehensive income/ (Loss) for the period (9 + 10) (499.25) (361.57) 642.23 229.21 12 Earnings per share: (Not Annualised for Quarters) Basic & Diluted (in Rupees) (1.34 (0.97) 1.70 0.59 Paid-up Equity Share Capital (Face value of Rs. 5 each) 1,883.38 1,883.38 1,883.38 1,883.38 Other Equity 14,774.34 For BF UTILITIES LIMITED B SMITKARI Place: Pune Whole Time Director Date : 14 August, 2026 DIN : 03632549 BF UTILITIES LIMITED SEGMENT WISE UNAUDITED STANDALONE REVENUE, RESULTS AND CAPITAL EMPLOYED FOR THE QUARTER ENDED 30 JUNE, 2026. Rs. In Lakhs Sr. Particulars Quarter ended Year ended No. 30th June, 31st March, 30th June, 31st March, 2026 2026 2025 2026 /Unaudited) (Audited) (Unaudited) (Audited) 1 Segment Revenue a. Wind Mills 659.55 250.92 682.46 2,291.19 b. Infrastructure . . 1,042.88 1,042.88 Total 659.55 250.92 1,725.34 3,334.07 Less ; Inter segment revenue . . . . Net Revenue 659.55 250.92 1,725.34 3,334.07 2 Segment results Profit/ (Loss) (before tax and interest from each segment) a. Wind Mills 95.47 (40.56) 100.14 401.90 b. Infrastructure (580.87) (369.84) 837.61 367.05 Total (485.40) (410.40) 937.75 768.95 Less: i) Finance cost 0.13 0.05 0.05 ii) Other unallocable expenditure/ (income) 15.39 53.79 8.70 106.30 Total Profit /(Loss) before tax and exceptional items (500.92) (464.24) 929.05 662.60 Exceptional Items 129.13 188.99) Total Profit /(loss) before tax and after exceptional {500.92) (335.11) 929.05 573.61 items 3 Capital Employed Segment Assets a. Wind Mills 5,685.55 5,938.20 7,605.72 5,938.20 b. Infrastructure 14,096.70 14,168.02 14,064.10 14,168.02 C. Unallocable 104.84 90.36 86.84 90.36 Total 19,887.09 20,196.58 21,756.66 20,196.58 Segment Liabilities • a. Wind Mills 3,573 ..0 0 3,380 ..1 1 3,500 ..6 7 3,380..1 1 b. Infrastructure C. Unallocable 155.60 158.75 235.26 158.75 Total 3,728.60 3,538.86 3,735.93 3,538.86 Capital Employed (Segment Assets • Segment Liabilities) a. Wind Mills 2112.55 2,558.09 4,105.05 2,558.09 b. Infrastructure 14096.70 14,168.02 14,064.10 14,168.02 c. Unallocable (50.76) (68.39) (148.42) (68.39) Total 16,158.49 16,657.72 18,020.73 16,657.72 • Total liabilities exclude Borrowings since the same are considered as a part of Net capital employed. BS MITKARI Place: Pune Whole Time Director Date: 14 August, 2026 DIN : 03632549 Notes: 1 The above standalone financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on 14 August, 2026. These results have been subjected to limited review by the statutory auditors of the Company. 2 Financial results of the Company have been prepared in accordance with the Indian Accounting Standards (IND AS) as prescribed under section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting standard) Rule 2015 (as amended). 3. One of the Investors (i.e. AIRRO Mauritius Holdings V) of Nandi Economic Corridor Enterprises Ltd., (NECE), a step-down subsidiary of the Company and the transferee Soinfra Enterprises Private Limited ("Claimants") have filed a notice of arbitration before the Singapore International Arbitration Centre ("SIAC"), based on Clause 24.2 (Arbitration Clause) of the SHA against Sponsors and Promoters (named in the SHA) and NECE. The Company being one of the Promoters in relation to NECE under the SHA received the said notice of arbitration on 27th March 2025. In this notice of arbitration, the Company has been named as the 4th respondent along with other respondents. The Claimants claim that the promoters and sponsors have allegedly failed to provide an exit. The Company along with Sponsors and Promoters have denied the alleged breaches of SHA and /or the alleged failure to provide an exit, by filing an appropriate response to the said notice of arbitration with SIAC. As of date, the arbitral tribunal has been duly constituted in the matter, and the Claimants have submitted their statement of claim on 26th September 2025 claiming damages and other reliefs for alleged breach of SHA and failure to provide exit options such as share swap and default put option under the SHA. The Claimants have claimed damages for an amount equal to investment of Rs. 500 Crore along with 18% IRR thereon from the date of investment. Further, the Claimants have sought damages in respect of NECE's shares subsequently acquired by AIRRO Mauritius Holdings V for a sum of INR 70.90 Crores under a separate transaction with one of the other Respondents by way of a separate Share Purchase Agreement. It is the position of the Company and other Promoters and Sponsors that since these shares form part of a separate agreement, no claim in respect of the same can form subject matter of arbitration under [Showing first 8,000 characters — download PDF for full document]