The Board of Directors of BF Utilities Limited met on May 28, 2026, to approve the standalone audited financial results for the quarter and year ended March 31, 2026. The company reported a net loss of Rs. 364.06 Lakhs for the quarter ended March 31, 2026, compared to a profit of Rs. 7.07 Lakhs in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at Rs. 166.56 Lakhs, down from Rs. 236.87 Lakhs in the same period last year.
| Particulars | Quarter ended March 31, 2026 (Rs. in Lakhs) | QoQ Change (%) | YoY Change (%) |
| Revenue from Operations | 166.56 | (51.83%) | (29.68%) |
| Profit/(Loss) | (364.06) | (55.96%) | (5249.36%) |
BF Utilities Limited is primarily engaged in the wind power generation business and infrastructure activities. In 2025, the company faced legal challenges, including a notice of arbitration from investors of its step-down subsidiary, Nandi Economic Corridor Enterprises Ltd (NECE), regarding alleged failures to provide exit options. Additionally, the toll operations of its material subsidiary, Nandi Highway Developers Limited (NHDL), concluded in September 2024 following the end of its concession agreement. The company is also evaluating the impact of new labour codes implemented in late 2025 on its financial provisions.
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