BF Utilities reports 26% drop in Q4 net profit

BF Utilities has reported results for the fourth quarter ended September 30, 2014. The company has registered 25.78% fall in its net profit at Rs 4.26 crore for the quarter under review as compared to Rs 5.74 crore for the same quarter in the previous year. Total income of the company has decreased by 21.83% at Rs 9.7 crore for quarter under review as compared to Rs 12.41 crore for the quarter ended September 30, 2013. The Company has reported a fall of 73.61% in its net profit at Rs 1.29 crore for the year ended as compared to Rs 4.89 crore for the previous year. Total income of the company has decreased by 14.92% at Rs 25.19 crore for year ended under review as compared to Rs 29.61 crore for the year ended September 30, 2013.