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BF Utilities reports Rs 1.75 crore net profit for Q3

11 Feb 2012 Evaluate

BF Utilities has reported a net profit of Rs 1.75 crore for the quarter ended December 31, 2011, compared with a net loss of Rs 2.86 crore in the same period of the last financial year.

Net revenue for the quarter under review stood at Rs 7.29 crore, compared with Rs 1.64 crore in 2010, reflecting a 344.51% growth.

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 the areas of steel making, forging, machining, etc. 

Peers
Company Name CMP
NTPC 322.00
Tata Power 359.00
Adani Power 203.85
Power Grid Corpn. 260.45
Adani Energy Solut. 1312.65
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