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INVESTMENT LIMITEDMain BoardEquity2025-04-012026-03-312025-11-122025-11-05INRMillionsQuarterlySecond quarterSingle segmentINVESTMENT BUSINESS2025-11-1212:35:002025-11-1212:55:00trueCash Flow IndirectNot applicabletruetrueNANAfalsetrue2025-02-13https://www.bfilpune.com/pdf/Policies%20and%20Terms/Related%20Party%20Transaction%20Policy%2013022025.pdffalsefalseNA2025-07-012025-09-30UnauditedStandalone7780000054248000000171500000006374300000637430000000590000072000000002652000027830000609600000060960000015000000030500001530500004565500000000456550000-1632180000-1175630000188340000512.1212.120012.1212.121.The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on November 12, 2025. <BR> <BR> 2.The financial results has been prepared in accordance with Indian Accounting Standards (Ind AS), the provisions of the Companies Act,2013 (the Act), as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI). <BR> <BR> 3.The Company is in the business of making investments in group companies, focusing on earning income through dividends, interest and gains on investment held, which is a single segment in accordance with Ind AS 108 - "Operating segment" notified pursuant to Companies (Indian Accounting Standards) Rules, 2015 as amended. <BR> <BR> 4.Consolidated other comprehensive income for the quarter ended 30th Sept 2024 includes Rs. 10,177.07 Millions as a share of KSL Holdings Private Limited, an associate company, which represents cumulative fair valuation gain for the period ended September 30, 2024 on quoted equity shares held by KSL Holdings Private Limited, recognized in compliance of Ind AS 109 “Financial Instrument”. <BR> <BR> 5.The consolidated financial results include consolidated results of the following companies: <BR> Associate Companies % of ownership <BR> <BR> Kalyani Steels Limited 39.06% <BR> KSL Holdings Private Limited 42.52% <BR> Triumphant Special Alloys Pvt. Ltd. 45.51% <BR> Kalyani Financial Services Private Limited 49.00% <BR> Nandi Engineering Limited* 40.00% <BR> Synise Technologies Limited* 46.77% <BR> Joint Ventures <BR> Automotive Axles Limited 35.52% <BR> Meritor HVS (India) Limited 48.99% <BR> * Companies not considered for consolidation in view of no/immaterial operations and therefore immaterial with respect to the consolidated financial results. <BR> <BR> 6.The main source of income of the Company is by way of dividend on investments held by it, which is generally received/accrued in the second quarter of the year. <BR> <BR> 7.Previous quarter/year figures have been regrouped and reclassified, wherever necessary to make them comparable with current period. <BR> <BR> For BF Investment Ltd. <BR> <BR> B.S. 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