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Blue Star Ltd Q2FY24; 65% rise in Profits

Blue star manufacturers air purifiers, air coolers, water purifiers, cold storage and speciality products. The Company offers turnkey solutions in MEP (Mechanical, Electrical, Plumbing, and Fire-fighting) Projects. It is the largest after-sales service provider for air conditioning and commercial refrigeration products in the country.

Financial Results:

Blue Star Ltd reported Revenues for Q2FY24 of ₹1,890.00 Crores up from ₹1,582.00 Crore year on year, a rise of 19.47%.

Total Expenses for Q2FY24 of ₹1,809.00 Crores up from ₹1,533.00 Crores year on year, a rise of 18.0%.

Consolidated Net Profit of ₹71.00 Crores up 65.12% from ₹43.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.44, up 55.66% from ₹2.21 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: refrigerator
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