5329302026-04-012026-06-305329302026-06-305329302026-04-012026-06-30in-capmkt:OtherExpenses1Member5329302026-04-012026-06-30in-capmkt:OtherExpenses2Member5329302026-04-012026-06-30in-capmkt:OtherExpenses3Member5329302026-04-012026-06-30in-capmkt:ReportableSegments1Member5329302026-04-012026-06-30in-capmkt:ReportableSegments2Member5329302026-04-012026-06-30in-capmkt:ReportableSegments3Member5329302026-04-012026-06-30in-capmkt:ReportableSegments1Member5329302026-04-012026-06-30in-capmkt:ReportableSegments2Member5329302026-04-012026-06-30in-capmkt:ReportableSegments3Member5329302026-04-012026-06-30in-capmkt:ReportableSegments1Member5329302026-06-30in-capmkt:ReportableSegments1Member5329302026-04-012026-06-30in-capmkt:ReportableSegments2Member5329302026-06-30in-capmkt:ReportableSegments2Member5329302026-04-012026-06-30in-capmkt:ReportableSegments3Member5329302026-06-30in-capmkt:ReportableSegments3Member5329302026-04-012026-06-30in-capmkt:ReportableSegments1Member5329302026-06-30in-capmkt:ReportableSegments1Member5329302026-04-012026-06-30in-capmkt:ReportableSegments2Member5329302026-06-30in-capmkt:ReportableSegments2Member5329302026-04-012026-06-30in-capmkt:ReportableSegments3Member5329302026-06-30in-capmkt:ReportableSegments3Memberiso4217:INRiso4217:INRxbrli:shares532930BGRENERGYNOTLISTEDINE661I01014BGR ENERGY SYSTEMS LIMITEDMain BoardEquity2026-04-012027-03-312026-07-292026-07-24INRLakhsQuarterlyFirst quarterMulti segment2026-07-2915:45:002026-07-2919:30:00Not applicablefalsetrue2026-04-012026-06-30UnauditedStandalone15300000079710000095010000019510000000161100000203790000088000008079000003210800000-22607000000-22607000000000-22607000000000-22607000001900000-225880000072160000010-31.33-31.3300-31.33-31.331. The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on Jul 29, 2026. <br /> <br /> 2. These Standalone 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 Standalone Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited standalone financial statements for the year ended 31st March 2026. <br /> <br /> 3. 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.162042 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 first quarter ended 30th June 2026, the charge to profit and loss account is Rs.1913 lakhs and cumulative cost charged to P&L from Jul'24 to Jun'26 on account of this is Rs.41496 lakhs. <br /> <br /> 4. With respect to the NTTPS Vijayawada Balance of Plant Works contract, there were additional works executed by the Company beyond the original scope of the contract. The Management has raised a claim of Rs 76980 lakhs with the customer. the claim is pending for admission by customer. The Company is taking up its claim through legal course. <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 first quarter ended 30th June 2026, the charge to profit and loss account is Rs.2266 lakhs and cumulative cost charged to P&L from Jan'26 to Jun'26 on account of this is Rs.7573 lakhs. <br /> <br /> 5. 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 charged for the quarter Jun'26 is Rs.17177 lakhs is provided in the profit and Loss account. This is done without prejudice to the rights and interests of the Company. <br /> <br /> 6. The Honourable NCLT order appointing IRP was made on 17.04.2026. The said order was stayed by Honourable NCLAT on 30.04.2026 and extended the stay till 30.07.2026. <br /> <br /> 7. The accounts are prepared based on going concern basis only. The Promoters have infused unsecured loan of Rs.43318 lakhs for business operation till date. Though there has been encashment of Bank Guarantees, the Company is continuing to execute the contracts and are hopeful of amicable solutions. Further, the Company is confident that an agreement will be signed with IDRCL/NARCL effecting substantial reduction both in principal and interest liability during the second quarter of 2026-27. <br /> <br /> 8. The company, with the assistance of an external consultant, has undertaken a detailed review of the balances outstanding in the operational creditors' ledgers to assess the existence and extent of its present obligations in respect of such balances. Based on the outcome of this review and the exercise of significant management judgment, the Company has concluded that certain amounts outstanding to operational creditors are no longer represent present obligations of the Company. Accordingly, commercial debit notes aggregating to Rs. 4460.25 lakhs have been raised against the concerned vendors in accordance with the contractual provisions. <br /> <br /> Further, the Company has written back operational creditor balances amounting to Rs.3056.75 lakhs in respect of liabilities which, based on its legal assessment, have become unenforceable owing to the expiry of the limitation period prescribed under the Limitation Act, 1963. Consequently, such liabilities have been derecognised on the basis that they are no longer considered to represent present obligations requiring settlement. <br /> <br /> 9. The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification.Cost of Manufacturing and Construction321600000Other Direct Cost500000Other Expenses485800000Capital Goods19100000Construction and EPC Contracts133900000Unallocated01530000000153000000Capital Goods-432500000Construction and EPC Contracts164300000Unallocated45400000-22280000020379000000-2260700000Capital Goods751300000Construction and EPC Contracts37289600000Unallocated374060000041781500000041781500000Capital Goods1791600000Construction and EPC Contracts21548700000Unallocated46698800000700391000000700391000001. The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on Jul 29, 2026. <br /> <br /> 2. These Standalone 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 Standalone Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited standalone financial statements for the year ended 31st March 2026. <br /> <br /> 3. 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.162042 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 first quarter ended 30th June 2026, the charge to profit and loss account is Rs.1913 lakhs and cumulative cost charged to P&L from Jul'24 to Jun'26 on account of this is Rs.41496 lakhs. <br /> <br /> 4. With respect to the NTTPS Vijayawada Balance of Plant Works contract, there were additional works executed by the Company beyond the original scope of the contract. The Management has raised a claim of Rs 76980 lakhs with the customer. the claim is pending for admission by customer. The Company is taking up its claim through legal course. <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 first quarter ended 30th June 2026, the charge to profit and loss account is Rs.2266 lakhs and cumulative cost charged to P&L from Jan'26 to Jun'26 on account of this is Rs.7573 lakhs. <br /> <br /> 5. 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 charged for the quarter Jun'26 is Rs.17177 lakhs is provided in the profit and Loss account. This is done without prejudice to the rights and interests of the Company. <br /> <br /> 6. The Honourable NCLT order appointing IRP was made on 17.04.2026. The said order was stayed by Honourable NCLAT on 30.04.2026 and extended the stay till 30.07.2026. <br /> <br /> 7. The accounts are prepared based on going concern basis only. The Promoters have infused unsecured loan of Rs.43318 lakhs for business operation till date. Though there has been encashment of Bank Guarantees, the Company is continuing to execute the contracts and are hopeful of amicable solutions. Further, the Company is confident that an agreement will be signed with IDRCL/NARCL effecting substantial reduction both in principal and interest liability during the second quarter of 2026-27. <br /> <br /> 8. The company, with the assistance of an external consultant, has undertaken a detailed review of the balances outstanding in the operational creditors' ledgers to assess the existence and extent of its present obligations in respect of such balances. Based on the outcome of this review and the exercise of significant management judgment, the Company has concluded that certain amounts outstanding to operational creditors are no longer represent present obligations of the Company. Accordingly, commercial debit notes aggregating to Rs. 4460.25 lakhs have been raised against the concerned vendors in accordance with the contractual provisions. <br /> <br /> Further, the Company has written back operational creditor balances amounting to Rs.3056.75 lakhs in respect of liabilities which, based on its legal assessment, have become unenforceable owing to the expiry of the limitation period prescribed under the Limitation Act, 1963. Consequently, such liabilities have been derecognised on the basis that they are no longer considered to represent present obligations requiring settlement. <br /> <br /> 9. The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification.-19000000190000040910900040910800000452427000