
BF Investment delivered a strong consolidated net profit of ₹114.24 crore in the quarter ended March 2026, marking a significant turnaround from the net loss of ₹3.33 crore recorded in the corresponding quarter of the previous year. This contrasts sharply with BF Utilities' standalone net loss of ₹3.64 crore in the same quarter, highlighting the divergent performance trajectories between the two companies within the same group.
BF Investment's sales surged 41.44% to ₹37.44 crore in Q3 FY26 compared to ₹26.47 crore in the same quarter of the previous year. The company achieved an impressive operating profit margin of 81.06% during the quarter, significantly improving from the negative margins in the previous year. This robust revenue performance contributed to the overall strong financial turnaround for the quarter.
Latest data from BlinkX shows BF Utilities achieved net profit of ₹102.76 crore in December 2025, representing a 4.41% growth from ₹98.42 crore in September 2025. The company's revenue grew 2.12% to ₹243.6 crore in December 2025 compared to ₹238.54 crore in September 2025. Additionally, EBITDA increased 1.12% to ₹185.61 crore from ₹183.55 crore month-on-month, indicating some recovery in recent quarters.
For the complete financial year ended March 2026, BF Investment's net profit rose 26.87% to ₹282.01 crore compared to ₹222.29 crore in the previous year. The company achieved sales growth of 23.05% to ₹76.33 crore in FY26 versus ₹62.03 crore in FY25. In contrast, BF Utilities' full year net profit declined 86.05% to ₹2.23 crore compared to ₹15.98 crore in the previous year, though it managed to achieve sales growth of 1.51% to ₹18.86 crore.