Breaking News

You are here » Indian-Commodity  :  Top News  :  BF Utilities reports 86% rise in Q1 net profit

06-Aug2016

BF Utilities reports 86% rise in Q1 net profit

BF Utilities has reported results for first quarter ended June 30, 2016.

The company has reported a rise of 85.81% in its net profit at Rs 2.75 crore for the quarter ended June 30, 2016 as compared to Rs 1.48 crore for the same quarter in the previous year. Total income of the company increased by 3.57% to Rs 6.38 crore for the quarter under review from Rs 6.16 crore for the corresponding quarter of the previous year.

BF Utilities is engaged in power generation through wind mill technology. The company was set up to satiate the power requirements of the Kalyani Group companies, which have business interests in areas of steel making, forging, machining, etc.


Related News

View all news

Gold futures finish near two week high on Friday

Gold futures finished near two week high on Friday, as speculators eyed that Federal Reserve would hold pat on monetary tightening, followed by the weaker than expected US economic data. Moreover, progress......

Physical Rubber prices witness some improvement on Friday

Physical Rubber prices showed some improvement on Friday. Though, demand from tyre companies is tepid as they have already imported a significant amount of rubber, capping gains.Spot prices for RSS-4 variety......

Crude oil futures end sharply higher on declines in output from OPEC

Crude oil futures ended sharply higher on Friday to settle near three-month high boosted by data showing declines in crude output from the Organization of the Petroleum Exporting Countries (OPEC). Besides,......

Top News

View all news

Paramount Communications bags major order from Kerala State Electricity Board

Paramount Communications has bagged orders worth Rs 69.53 crore from Kerala State Electricity Board, Kerala. The order is for supply of HT & LT Aerial Bunch Cables, with a delivery schedule of......

Cyient completes acquisition of remaining 26% stake in Cyient DLM

Cyient has completed acquisition of remaining 26% stake in Cyient DLM. Post to this acquisition, Cyient DLM has now become a wholly owned subsidiary of the company. Earlier, the company had signed definitive......

NBCC bids to take over bankruptcy-bound Jaypee Infratech

NBCC (India) has bid to acquire bankruptcy-bound Jaypee Infratech and complete stalled over 20,000 housing units in Noida in the state of Uttar Pradesh. A meeting of the committee of creditors will be......