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BF Utilities LimitedImportant, 13-02-2025: Updates

13-02-2025 | 03:50 pm

**Outcome of Board Meeting**

BF Utilities Limited's Board of Directors has conducted a meeting where they have deliberated on and approved the unaudited standalone financial results for the quarter ended December 31, 2024. The company reported a total revenue of ₹285.82 crore for the quarter, which is a decrease from ₹1,046.60 crore in the previous quarter. However, total expenses rose to ₹321.84 crore from ₹830.94 crore, resulting in a loss before tax of ₹36.02 crore, compared to a profit of ₹215.66 crore in the previous quarter. The loss for the period attributable to shareholders stood at ₹61.83 crore, with a comprehensive loss reported at ₹61.13 crore. Total other comprehensive income was minor, contributing a gain of ₹0.70 crore. The company is currently facing challenges but is actively monitoring market conditions. Investors should keep an eye on subsequent developments as the company navigates through this period of financial adjustment.

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