BF Utilities Limited — Others, 13-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
13-08-2025 | 04:29 pm
13-08-2025 | 04:29 pm
BF Utilities' board has approved its standalone financial results for the quarter ended June 30, 2025, reporting a total revenue of Rs 17.25 Cr and a profit of Rs 6.42 Cr. Auditors flagged an outstanding Rs 37 Cr advance to its step-down subsidiary, NECE, for land acquisition, which has been pending over 15 years, as a qualified opinion. Additionally, the company is disputing an arbitration initiated by an NECE investor regarding a denied put option and alleged exit failure. Consolidated results will be published once subsidiary financial statements are available.
No comments yet. Be the first to comment!
