BF Utilities has reported results for first quarter ended December 31, 2014.
The company has reported a net loss of Rs 2.71 crore for the quarter under review as compared to a net profit of Rs 0.75 crore for the same quarter in the previous year. Total income of the company has decreased 70.17% at Rs 1.73 crore for December quarter as compared Rs 5.80 crore for the corresponding quarter 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.