Blue Star gains after strong Q4 performance : vimarsana.com

Blue Star gains after strong Q4 performance


Net sales during the quarter increased 24% year-on-year (YoY) to Rs 1611.56 crore.
On the segmental front, revenue of the Electro-Mechanical Projects and Commercial Air Conditioning Systems business grew 18.1% to Rs 779.96 crore in Q4FY21 compared to Rs 660.39 crore in Q4FY20. Unitary Products revenue grew by 31.1% YoY to Rs 781.81 crore in Q4FY21. The Professional Electronics and Industrial Systems business revenue grew 16.6% YoY to Rs 49.79 crore in Q4FY21.
Revenue growth and improvement in profitability across segments enabled Operating Profit (PBIDTA excluding other income and finance income) to increase to Rs 101.81 crore (6.3% of revenue) for Q4FY21 from Rs 37.33 crore (2.9% of revenue) in Q4FY20.

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