BF Utilities Q2 Results 2024 on 27 Dec, 2024: profit falls by 7.81% YOY, profit at ₹39.13 crore and revenue at ₹221.34 crore | Company Business News
BF Utilities Q2 Results 2024:BF Utilities declared their Q2 results on 26 Dec, 2024, reporting a topline increase of 1.34% year-over-year (YoY) while profit saw a decrease of 7.81% YoY. The company posted a profit of ₹39.13 crore alongside a revenue of ₹221.34 crore for the quarter.
In comparison to the previous quarter, BF Utilities experienced significant growth, with revenue rising by 12.1% and profit increasing by 5.84%. However, the Selling, General & Administrative expenses saw a notable rise, climbing 8.16% quarter-on-quarter (q-o-q) and 32.62% year-on-year (YoY).
The operating income for the quarter was reported to be up by 11.33% q-o-q and increased by 12.31% YoY, indicating a positive trend in operational performance despite the dip in net profit. The Earnings Per Share (EPS) stands at ₹10.39 for Q2, reflecting a 7.81% decrease YoY.
BF Utilities has delivered a -2.59% return in the last week, but shows a robust 14.33% return over the past six months and an impressive 71.22% year-to-date (YTD) return.
Currently, BF Utilities boasts a market cap of ₹3814.79 crore, with a 52-week high of ₹1129.1 and a low of ₹557.3, showcasing the stock’s volatility and potential.
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