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Business Standard
08-05-2025
- Business
- Business Standard
Blue Star stock falls 3% after Q4FY25 results; check key numbers here
Blue Star share price today: Shares of Blue Star fell over 3 per cent to hit an intraday low of ₹1,616.6 on Thursday despite the company reporting a healthy set of numbers for the quarter ended March 2025 (Q4 FY25). At 2:50 PM, shares of the cooling appliances company were trading 3.5 per cent down at ₹1,618, compared to 0.33 per cent decline in the benchmark Nifty50 index. The stock is quoting 33 per cent down from its 52-week high of ₹2,417, which it touched on January 8, 2025. The company's total market capitalisation stood at ₹33,278.75 crore. On a year-to-date basis, the stock has declined around 21 per cent compared to a 3.2 per cent increase in the Nifty50 index. Blue Star Q4 FY25 results update In Q4 FY25, the company reported consolidated revenue from operations of ₹4,018.94 crore, up 20.8 per cent from ₹3,327.77 crore in the year-ago period. Blue Star posted a consolidated net profit of ₹194 crore, 17.2 per cent compared to ₹159.71 crore in the year-ago period. The company's earnings before interest, tax, depreciation and amortisation (Ebitda) grew 16.2 per cent to ₹248.82 crore in Q4 FY25 to ₹214.13 crore in the corresponding quarter of the previous fiscal. The Board of Directors has recommended a dividend of ₹9 per equity share of face value ₹2 each for FY25. Blue Star Outlook Vir S Advani, chairman and managing director at Blue Star said that the year ended on a positive note, especially with the room AC business recording remarkable performance, owing to strong demand expectations from a harsh summer forecast and proactive dealer stocking. "Although April saw milder weather and softer growth, going by the weather forecasts, we expect the demand to pick up in May and June 2025. The hurdles faced by the Commercial Refrigeration business are behind us," Adani said. In addition, the strong order book for Electro-Mechanical Projects and Commercial Air Cleaning Projects and the growing demand from manufacturing and data centre market segments will contribute to growth. The company remains optimistic on the growth prospects and is closely watching the geopolitical developments for potential supply chain disruptions and volatility in commodity prices. About Blue Star Founded in 1943 by Mohan T Advani, Blue Star is a leading air conditioning and commercial refrigeration company. It offers a range of cooling solutions, including chillers, ducted systems, VRFs, room ACs, deep freezers, water coolers, and cold rooms, amongst others. It is also involved in segments like air purification, engineering facilities management, commercial kitchen and medical refrigeration. The company has over 30 officers, 7 manufacturing facilities and 3,000 employees across the country. It operates over 10,000 retail outlets and maintains 2,100 service centres across more than 900 towns in India.
Time of India
08-05-2025
- Business
- Time of India
Blue Star Q4 profit up 21.5 pc to Rs 194 cr; revenue up 20.7 pc to 4,018.96 cr
New Delhi: Air condition and commercial refrigeration system maker Blue Star Ltd on Wednesday reported an increase of 21.47 per cent in consolidated net profit at Rs 194 crore in the March quarter, led by its room air-conditioner and project business. The company had posted a net profit of Rs 159.71 crore in the January-March quarter a year ago, according to a regulatory filing from Blue Star Ltd. Its revenue from operations grew 20.77 per cent to Rs 4,018.96 crore in the March quarter. It was Rs 3,327.77 crore in the year-ago period. Total expenses of the homegrown cooling products maker increased 21.34 per cent to Rs 3,793.73 crore in the March quarter. Blue Star's revenue from the electro-mechanical projects and commercial air conditioning systems segment stood at Rs 1,968.17 crore in the January-March quarter, up 30.6 per cent. Its revenue from unitary products, under which its room AC business comes, was Rs 1,960.23 crore in the March quarter. However, its revenue from the professional electronics and industrial systems business was down 19.18 per cent to Rs 90.56 crore. The company's total income increased to Rs 4,042.95 crore in the fourth quarter from Rs 3,340.16 crore in the same period a year ago. For the entire FY25, the net profit increased to Rs 591.28 crore from Rs 414.31 crore in FY24. Blue Star's total consolidated income was up 23.73 per cent to Rs 12,042.65 crore for the financial year, which ended on March 31, 2025. The company "sustained its growth momentum in FY25, driven by strong demand across key businesses. Notably, the Room AC business achieved exceptional growth during the year due to demand fuelled by an intense summer and stocking by channel partners to tackle potential supply chain uncertainties," Blue Star said in its earnings statement. Meanwhile, in a separate filing, Blue Star informed its board in a meeting held on Wednesday also recommended a final dividend of Rs 9 per equity share of Rs 2 each for the financial year ended March 31, 2025. It further approved the re-appointment of Vir S Advani as the company's Chairman & Managing Director for a further period of five years commencing from April 1, 2026. The approval is based on the recommendations of the Nomination and Remuneration Committee and is subject to the approval of members of the company. Shares of Blue Star Ltd on Wednesday settled at Rs 1,679.95 apiece on the BSE, down 0.65 per cent from the previous close.>
Time of India
07-05-2025
- Business
- Time of India
Blue Star Q4 Results: Profit jumps 21% to Rs 194 crore; revenue up 20%
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel New Delhi, Air condition and commercial refrigeration system maker Blue Star Ltd on Wednesday reported an increase of 21.47 per cent in consolidated net profit at Rs 194 crore in the March quarter, led by its room air-conditioner and project business. The company had posted a net profit of Rs 159.71 crore in the January-March quarter a year ago, according to a regulatory filing from Blue Star revenue from operations grew 20.77 per cent to Rs 4,018.96 crore in the March quarter. It was Rs 3,327.77 crore in the year-ago expenses of the homegrown cooling products maker increased 21.34 per cent to Rs 3,793.73 crore in the March Star's revenue from the electro-mechanical projects and commercial air conditioning systems segment stood at Rs 1,968.17 crore in the January-March quarter, up 30.6 per revenue from unitary products, under which its room AC business comes, was Rs 1,960.23 crore in the March its revenue from the professional electronics and industrial systems business was down 19.18 per cent to Rs 90.56 company's total income increased to Rs 4,042.95 crore in the fourth quarter from Rs 3,340.16 crore in the same period a year the entire FY25, the net profit increased to Rs 591.28 crore from Rs 414.31 crore in Star's total consolidated income was up 23.73 per cent to Rs 12,042.65 crore for the financial year, which ended on March 31, company "sustained its growth momentum in FY25, driven by strong demand across key businesses. Notably, the Room AC business achieved exceptional growth during the year due to demand fuelled by an intense summer and stocking by channel partners to tackle potential supply chain uncertainties," Blue Star said in its earnings in a separate filing, Blue Star informed its board in a meeting held on Wednesday also recommended a final dividend of Rs 9 per equity share of Rs 2 each for the financial year ended March 31, further approved the re-appointment of Vir S Advani as the company's Chairman & Managing Director for a further period of five years commencing from April 1, approval is based on the recommendations of the Nomination and Remuneration Committee and is subject to the approval of members of the of Blue Star Ltd on Wednesday settled at Rs 1,679.95 apiece on the BSE, down 0.65 per cent from the previous close.
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Business Standard
07-05-2025
- Business
- Business Standard
Blue Star Q4 results: Net profit rises 21% to ₹194 cr on higher revenue
The company's total income increased to Rs 4,042.95 crore in the fourth quarter from Rs 3,340.16 crore in the same period a year ago Press Trust of India New Delhi Homegrown cooling products maker Blue Star Ltd on Wednesday reported a 21 per cent rise in consolidated net profit to Rs 194 crore in the March quarter, driven by higher revenues. It had posted a net profit of Rs 159.71 crore in the January-March period of the preceding 2023-24 financial year, the company said in a regulatory filing. The company's total income increased to Rs 4,042.95 crore in the fourth quarter from Rs 3,340.16 crore in the same period a year ago. Expenses also rose to Rs 3,793.73 crore during the quarter against Rs 3,126.38 crore in the March quarter of FY24. For the entire FY25, the net profit increased to Rs 591.28 crore from Rs 414.31 crore in FY24. The board also recommended a final dividend of Rs 9 per equity share of Rs 2 each for the financial year ended March 31, 2025. It further approved the re-appointment of Vir S Advani as the company's Chairman & Managing Director for a further period of five years commencing from April 1, 2026. The approval is based on the recommendations of the Nomination and Remuneration Committee and is subject to the approval of members of the company. Advani, after a two-year working stint in private equity in New York, joined Blue Star Infotech Ltd in 2000 and later founded Blue Star Design and Engineering Ltd in 2003, serving as its Chief Executive Officer. In 2007, he moved to Blue Star as Vice President of Corporate Affairs and became Executive Director in 2010. In April 2016, he was appointed as the Managing Director of the Company, and in April 2019, he was elevated to Vice Chairman and redesignated as Vice Chairman & Managing Director. In April 2024, he assumed the position of Chairman & Managing Director at Blue Star. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
