MUMBAI : BF Utilities Ltd reported net loss of 26.20 mln rupees in quarter ended Mar 31 compared to loss of 14.75 mln rupees a year ago, on account of a 18.9% on-year rise in expenditure and 51.5% rise in finance cost. The company’s net sales in Jan-Mar were up 5.9% on-year at 34.17 mln rupees. At 1316 IST, shares of BF Utilities were traded at 610.10 rupees on the National Stock Exchange, up 8.8% from the previous close. During the quarter under review, the Baba Kalyani-promoted company’s other expenses rose 89.6% on year to 22.7 mln rupees, while its finance cost rose to 14.18 mln rupees.
BF Utilities’ loss widens to Rs 26.2 mln
RECENT STORIES
Budget 2026-27 Must Prioritise 'Jobs, Jobs & Jobs': Mohandas Pai
Vodafone Idea Looks To Raise Fresh Debt For Growth, Plans Talks With Local & Global Lenders After...
HDFC Bank Trims Key Lending Rates, MCLR Cut Of Up To 5 bps May Reduce Home Loan EMIs
Six Defence Stocks Roar In A Weak Market, Shares Jump Up To 9% On Orders & Growth Hopes
India-EU FTA Talks Advance In Brussels, Goyal Reaffirms Commitment To Farmer & MSME Protection