5329302025-07-012025-09-305329302025-09-305329302025-03-315329302025-04-012025-09-305329302025-07-012025-09-30in-capmkt:OtherExpenses1Member5329302025-07-012025-09-30in-capmkt:OtherExpenses2Member5329302025-07-012025-09-30in-capmkt:OtherExpenses3Member5329302025-04-012025-09-30in-capmkt:OtherExpenses1Member5329302025-04-012025-09-30in-capmkt:OtherExpenses2Member5329302025-04-012025-09-30in-capmkt:OtherExpenses3Member5329302025-07-012025-09-30in-capmkt:ReportableSegments1Member5329302025-07-012025-09-30in-capmkt:ReportableSegments2Member5329302025-07-012025-09-30in-capmkt:ReportableSegments3Member5329302025-04-012025-09-30in-capmkt:ReportableSegments1Member5329302025-04-012025-09-30in-capmkt:ReportableSegments2Member5329302025-04-012025-09-30in-capmkt:ReportableSegments3Member5329302025-07-012025-09-30in-capmkt:ReportableSegments1Member5329302025-07-012025-09-30in-capmkt:ReportableSegments2Member5329302025-07-012025-09-30in-capmkt:ReportableSegments3Member5329302025-04-012025-09-30in-capmkt:ReportableSegments1Member5329302025-04-012025-09-30in-capmkt:ReportableSegments2Member5329302025-04-012025-09-30in-capmkt:ReportableSegments3Member5329302025-07-012025-09-30in-capmkt:ReportableSegments1Member5329302025-09-30in-capmkt:ReportableSegments1Member5329302025-07-012025-09-30in-capmkt:ReportableSegments2Member5329302025-09-30in-capmkt:ReportableSegments2Member5329302025-07-012025-09-30in-capmkt:ReportableSegments3Member5329302025-09-30in-capmkt:ReportableSegments3Member5329302025-07-012025-09-30in-capmkt:ReportableSegments1Member5329302025-09-30in-capmkt:ReportableSegments1Member5329302025-07-012025-09-30in-capmkt:ReportableSegments2Member5329302025-09-30in-capmkt:ReportableSegments2Member5329302025-07-012025-09-30in-capmkt:ReportableSegments3Member5329302025-09-30in-capmkt:ReportableSegments3Memberiso4217:INRiso4217:INRxbrli:shares532930BGRENERGYNOTLISTEDINR661I01014BGR ENERGY SYSTEMS LIMITEDMain BoardEquity2025-04-012026-03-312025-11-142025-11-07INRLakhsQuarterlySecond quarterMulti segment2025-11-1412:00:002025-11-1417:00:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated83250000011650000094900000085070000000121500000150600000266000004250000001574400000-6254000000-6254000000000-6254000000000-625400000-400000-625800000-622700000-2700000-623100000-270000072160000010-8.63-8.6300-8.63-8.631.The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on Nov 14, 2025. <BR> 2.The financial results for the quarter and half year ended September 30, 2025 of the company on consolidation basis have been subjected to a "Limited Review" by the Statutory Auditors of the Company. <BR> 3.The consolidated unaudited financial results includes the interim financial information of three subsidiaries and one joint venture, which have not been reviewed by their auditors and are considered based on accounts certified by their respective management. <BR> 4.The financial statements of the subsidiaries namely, BGR Boilers Private Limited for the year ended 31.03.2024 and 31.03.2025 and BGR Turbines Company Private Limited for the year ended 31.03.2025 are yet to be audited. <BR> 5.These Consolidated Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 "Interim Financial Reporting" prescribed under section 133 of the Companies Act, 2013. The Interim Consolidated Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited consolidated financial statements for the year ended 31st March 2025. <BR> 6.The accounts are prepared based on going concern basis only. The Promoters have infused unsecured loan of Rs.43318 lakhs for business operation upto 30th Sep 2025. Though there has been encashment of Bank Guarantees, the Company is continuing to execute the contracts and are hopeful of amicable solutions. <BR> 7.In respect of the NUPPL Ghatampur Balance of work contract, there were an additional works to be executed by the company beyond the original scope of the contract. The Management has raised a claim of Rs.80462 lakhs with customer, which was subsequently taken up before Conciliation Committee. The Committee has admitted and recommended to the customer for its approval for Rs.33969 lakhs and balance pending for admission. <BR> Pending approval from the customer and revision/amendment of work order, the company has charged the cost/expenses incurred to the Statement of Profit and Loss Account. During the half year ended, the charge to profit and loss account is Rs.14939 lakhs and cumulative cost charged to P&L from Jul'24 to Sep'25 on account of this is Rs.34883 lakhs. <BR> 8.During July'25, Company received termination order from our customer-TANGEDCO,North chennai and income recognised by the Company is upto Dec'24. Company inititated arbitration proceedings against the termination order. <BR> 9.On 29th September 2025, 9 Public Sector banks (viz State Bank of India, Bank of Baroda, Bank of India, Central Bank of India, Canara Bank, Indian Bank, IDBI Bank, Punjab National Bank and Union Bank of India) have assigned their outstanding dues payable by the Company to National Assets Reconstruction Company Ltd (NARCL). At present, only ICICI Bank facilities are still under NPA and not assigned to NARCL. Axis Bank and Kotak Mahindra Bank facilities are Non Fund based and are not classified as NPA. The Company is in discussion with NARCL for the documentation of the loan assignment and to finalise the total amount payable to NARCL. Interest not provided on the loan assigned for 2nd quarter '2025. <BR> 10.The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification.2025-04-012025-09-30UnauditedConsolidated171860000036160000020802000002246700000002369000001975200000546000008525000005365900000-32857000000-32857000000000-32857000000000-32857000002300000-3283400000-3273900000-11800000-3271600000-1180000072160000010-45.37-45.3700-45.37-45.37Cost of Manufacturing and constructions349000000Other Direct cost3000000Other Expenses73000000Cost of Manufacturing and constructions699600000Other Direct cost4300000Other Expenses148600000285170000024000002000000001100000000144000001463300000351800000590000018354000000047106000001151000000381230000025940000026710000042190000006000008558400000311746000003984810000044558700000721600000-20070600000-19349000000-331900000-196809000003968110000007765000007765000000404576000007136000000004117120000021730000012533000009540500000107938000008518800000195299000003519800000187000000230684000000064239600000445587000001.The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on Nov 14, 2025. <BR> 2.The financial results for the quarter and half year ended September 30, 2025 of the company on consolidation basis have been subjected to a "Limited Review" by the Statutory Auditors of the Company. <BR> 3.The consolidated unaudited financial results includes the interim financial information of three subsidiaries and one joint venture, which have not been reviewed by their auditors and are considered based on accounts certified by their respective management. <BR> 4.The financial statements of the subsidiaries namely, BGR Boilers Private Limited for the year ended 31.03.2024 and 31.03.2025 and BGR Turbines Company Private Limited for the year ended 31.03.2025 are yet to be audited. <BR> 5.These Consolidated Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 "Interim Financial Reporting" prescribed under section 133 of the Companies Act, 2013. The Interim Consolidated Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited consolidated financial statements for the year ended 31st March 2025. <BR> 6.The accounts are prepared based on going concern basis only. The Promoters have infused unsecured loan of Rs.43318 lakhs for business operation upto 30th Sep 2025. Though there has been encashment of Bank Guarantees, the Company is continuing to execute the contracts and are hopeful of amicable solutions. <BR> 7.In respect of the NUPPL Ghatampur Balance of work contract, there were an additional works to be executed by the company beyond the original scope of the contract. The Management has raised a claim of Rs.80462 lakhs with customer, which was subsequently taken up before Conciliation Committee. The Committee has admitted and recommended to the customer for its approval for Rs.33969 lakhs and balance pending for admission. <BR> Pending approval from the customer and revision/amendment of work order, the company has charged the cost/expenses incurred to the Statement of Profit and Loss Account. During the half year ended, the charge to profit and loss account is Rs.14939 lakhs and cumulative cost charged to P&L from Jul'24 to Sep'25 on account of this is Rs.34883 lakhs. <BR> 8.During July'25, Company received termination order from our customer-TANGEDCO,North chennai and income recognised by the Company is upto Dec'24. Company inititated arbitration proceedings against the termination order. <BR> 9.On 29th September 2025, 9 Public Sector banks (viz State Bank of India, Bank of Baroda, Bank of India, Central Bank of India, Canara Bank, Indian Bank, IDBI Bank, Punjab National Bank and Union Bank of India) have assigned their outstanding dues payable by the Company to National Assets Reconstruction Company Ltd (NARCL). At present, only ICICI Bank facilities are still under NPA and not assigned to NARCL. Axis Bank and Kotak Mahindra Bank facilities are Non Fund based and are not classified as NPA. The Company is in discussion with NARCL for the documentation of the loan assignment and to finalise the total amount payable to NARCL. Interest not provided on the loan assigned for 2nd quarter '2025. <BR> 10.The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification.Capital Goods100700000Construction and EPC Contracts731800000Unallocated0Capital Goods212400000Construction and EPC Contracts1506200000Unallocated083250000017186000008325000001718600000Capital Goods-6900000Construction and EPC Contracts-467900000Unallocated0Capital Goods-44200000Construction and EPC Contracts-1266300000Unallocated24300000-474800000-12862000001506000001975200000-625400000-3261400000Capital Goods847000000Construction and EPC Contracts43459100000Unallocated25260000044558700000044558700000Capital Goods1188800000Construction and EPC Contracts23369700000Unallocated39681100000642396000000642396000001.The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on Nov 14, 2025. <BR> 2.The financial results for the quarter and half year ended September 30, 2025 of the company on consolidation basis have been subjected to a "Limited Review" by the Statutory Auditors of the Company. <BR> 3.The consolidated unaudited financial results includes the interim financial information of three subsidiaries and one joint venture, which have not been reviewed by their auditors and are considered based on accounts certified by their respective management. <BR> 4.The financial statements of the subsidiaries namely, BGR Boilers Private Limited for the year ended 31.03.2024 and 31.03.2025 and BGR Turbines Company Private Limited for the year ended 31.03.2025 are yet to be audited. <BR> 5.These Consolidated Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 "Interim Financial Reporting" prescribed under section 133 of the Companies Act, 2013. The Interim Consolidated Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited consolidated financial statements for the year ended 31st March 2025. <BR> 6.The accounts are prepared based on going concern basis only. The Promoters have infused unsecured loan of Rs.43318 lakhs for business operation upto 30th Sep 2025. Though there has been encashment of Bank Guarantees, the Company is continuing to execute the contracts and are hopeful of amicable solutions. <BR> 7.In respect of the NUPPL Ghatampur Balance of work contract, there were an additional works to be executed by the company beyond the original scope of the contract. The Management has raised a claim of Rs.80462 lakhs with customer, which was subsequently taken up before Conciliation Committee. The Committee has admitted and recommended to the customer for its approval for Rs.33969 lakhs and balance pending for admission. <BR> Pending approval from the customer and revision/amendment of work order, the company has charged the cost/expenses incurred to the Statement of Profit and Loss Account. During the half year ended, the charge to profit and loss account is Rs.14939 lakhs and cumulative cost charged to P&L from Jul'24 to Sep'25 on account of this is Rs.34883 lakhs. <BR> 8.During July'25, Company received termination order from our customer-TANGEDCO,North chennai and income recognised by the Company is upto Dec'24. Company inititated arbitration proceedings against the termination order. <BR> 9.On 29th September 2025, 9 Public Sector banks (viz State Bank of India, Bank of Baroda, Bank of India, Central Bank of India, Canara Bank, Indian Bank, IDBI Bank, Punjab National Bank and Union Bank of India) have assigned their outstanding dues payable by the Company to National Assets Reconstruction Company Ltd (NARCL). At present, only ICICI Bank facilities are still under NPA and not assigned to NARCL. Axis Bank and Kotak Mahindra Bank facilities are Non Fund based and are not classified as NPA. The Company is in discussion with NARCL for the documentation of the loan assignment and to finalise the total amount payable to NARCL. Interest not provided on the loan assigned for 2nd quarter '2025. <BR> 10.The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification.1975200000355000000-2760000002485700000-1714000000002804800000000546000000000004000000000023000007900000069182000003632500000000-1203000000375280000000000000600000320000093000000000000000000000400000000710000000000000353493000003377020000000559550000000-4016400000-2565000000-256500000515900000259400000400000-230000000-4000002300000