BF Utilities Reports 21.7% Jump in Q1FY26 Profit to ₹9,659 Crore

BF Utilities has delivered strong financial performance in the first quarter of FY26, reporting a consolidated profit after tax of ₹9,658.96 crore, marking a significant 21.7% increase from ₹7,937.01 crore in the corresponding quarter of the previous year. The company's revenue from operations also showed healthy growth, rising 7.2% to ₹21,157.13 crore compared to ₹19,745.36 crore in Q1FY25.

Financial Performance Highlights

The company's consolidated financial results for the quarter ended June 30, 2025, demonstrate robust operational performance across key metrics. Total revenue, including other income, reached ₹21,780.33 crore, up from ₹20,280.53 crore in the same period last year.

Financial Metric:	Q1FY26	Q1FY25	Change (%)
Revenue from Operations:	₹21,157.13 cr	₹19,745.36 cr	+7.2%
Total Revenue:	₹21,780.33 cr	₹20,280.53 cr	+7.4%
Profit Before Tax:	₹13,388.56 cr	₹10,779.37 cr	+24.2%
Profit After Tax:	₹9,658.96 cr	₹7,937.01 cr	+21.7%
Earnings Per Share:	₹10.19	₹9.82	+3.8%

Operational Efficiency and Cost Management

BF Utilities demonstrated improved operational efficiency with total expenses of ₹8,391.77 crore compared to ₹9,501.16 crore in Q1FY25, representing a 11.7% decrease. The company benefited from reduced finance costs, which declined to ₹2,170.22 crore from ₹3,160.01 crore in the previous year, and lower employee benefit expenses of ₹1,745.44 crore versus ₹2,047.31 crore.

Segment-wise Performance

The company operates primarily through two business segments - Infrastructure and Wind Mills. The Infrastructure segment contributed ₹21,097.22 crore to total revenue, while the Wind Mills segment generated ₹683.08 crore during Q1FY26.

Business Segment:	Q1FY26 Revenue	Q1FY25 Revenue	Segment Results Q1FY26
Infrastructure:	₹21,097.22 cr	₹19,656.97 cr	₹15,465.09 cr
Wind Mills:	₹683.08 cr	₹623.46 cr	₹102.39 cr
Total:	₹21,780.30 cr	₹20,280.43 cr	₹15,567.48 cr

Corporate Structure and Subsidiaries

BF Utilities operates through several subsidiaries that contribute to its consolidated performance. The company holds varying ownership stakes in key subsidiaries including Nandi Infrastructure Corridor Enterprise Ltd. (74.52%), Nandi Highway Developers Ltd. (69.53%), and BFUL Resources Pvt. Ltd. (100.00%).

Board Approval and Compliance

The Board of Directors approved these unaudited consolidated financial results in their meeting held on December 16, 2025. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the company's statutory auditors, G. D. Apte & Co., Chartered Accountants. The financial statements reflect the company's continued focus on operational excellence and strategic growth across its business segments.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.76%	-2.80%	+7.65%	-17.52%	-33.49%	+116.11%

BF Utilities has delivered exceptional financial performance in Q1FY26, showcasing robust growth across key profitability metrics. The power generation and distribution company announced its unaudited consolidated financial results for the quarter ended June 30, 2025, through a regulatory filing on December 16, 2025.

Comprehensive Financial Performance

The company's Q1FY26 results highlight significant improvement across all major financial parameters. The consolidated net profit growth of 21.7% and revenue expansion of 7.2% indicate enhanced operational efficiency and effective business execution during the quarter.

Financial Metric:	Q1FY26	Q1FY25	Growth (%)
Total Revenue:	₹217.80 crores	₹202.81 crores	+7.2%
Revenue from Operations:	₹211.57 crores	₹197.45 crores	+7.1%
Consolidated Net Profit:	₹96.59 crores	₹79.37 crores	+21.7%
EBITDA:	₹173.17 crores	₹139.47 crores	+24.2%
EBITDA Margin:	79.5%	68.8%	+1070 bps

Revenue and Operational Growth

BF Utilities achieved steady revenue expansion with total revenue reaching ₹217.80 crores in Q1FY26, compared to ₹202.81 crores in the corresponding quarter of the previous year. Revenue from operations grew 7.1% to ₹211.57 crores from ₹197.45 crores year-on-year. This growth demonstrates the company's ability to expand its business operations and maintain market presence in the competitive power sector.

Profitability and Margin Enhancement

The company's profitability metrics showed remarkable improvement during Q1FY26. Consolidated net profit reached ₹96.59 crores, marking a substantial 21.7% increase from ₹79.37 crores in the previous year. EBITDA grew significantly by 24.2% to ₹173.17 crores, while EBITDA margin expanded dramatically to 79.5% from 68.8%, representing a 1070 basis points improvement. Earnings per share stood at ₹10.19 compared to ₹9.82 in Q1FY25.

Segment-wise Performance

The company operates through two primary business segments. The Infrastructure segment contributed ₹210.97 crores to total revenue, while the Wind Mills segment generated ₹6.83 crores during Q1FY26. Both segments demonstrated positive performance with the Infrastructure segment showing strong operational results.

Business Segment:	Q1FY26 Revenue	Q1FY25 Revenue	Segment Profit
Infrastructure:	₹210.97 crores	₹196.57 crores	₹154.65 crores
Wind Mills:	₹6.83 crores	₹6.23 crores	₹1.02 crores

Regulatory Filing and Board Approval

The Board of Directors approved these unaudited consolidated financial results in their meeting held on December 16, 2025, which commenced at 10:45 hours and concluded at 12:45 hours. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by statutory auditors G. D. Apte & Co., Chartered Accountants, under Regulation 33 of SEBI Listing Obligations.