BF Utilities has reported unaudited results for the third quarter ended June 30, 2011.
The company’s net profit for the quarter ended June 30, 2011 zoomed by 177.94% at Rs 1.89 crore as compared to Rs 0.68 crore for the corresponding quarter last year. Its total income increased 30.37% at Rs 6.61 crore for the quarter under review from Rs 5.07 crore for the same quarter last 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 the areas of steel making, forging, machining, etc.