BSEResult6d ago · 14 Aug 2026, 12:48 pm
Unaudited Standalone Financial Results for the quarter ended June 30, 2026
BF Utilities Ltd-$ · 532430
✦ AI SummaryResults
BF Utilities Ltd has announced its unaudited standalone financial results for the quarter ended June 30, 2026, with revenue from operations at Rs. 588.05 lakhs and a net loss of Rs. 502.98 lakhs.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment3/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
BF Utilities Ltd-$ - 532430 - Results- Unaudited Standalone Financial Results For The Quarter Ended June 30, 2026
Attachments (1)
📄pdf
Download →
481ff784-113d-4d2f-a8d6-179775bda4d2.pdf
View document text
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]