Stay updated with breaking news from Professional Electronics. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Bengaluru - The Company witnessed robust demand for its room air conditioners and commercial refrigeration products during the festive season. The growth momentum during the quarter was also evident in its commercial air conditioning as well as the
Electronics – the final frontier. This describes the voyage of the good ship “etty”. Its 19-year mission: to explore the brave, new world; to seek out new technologies and to innovate; to boldly go where no journal had gone before! by Peter Ihnat
The Blue Star stock opened higher at Rs 1478.95 on Friday against the previous close of Rs 1469.15 on BSE.
Get latest articles and stories on Latest News at LatestLY. Air conditioning and commercial refrigeration maker Blue Star Ltd on Thursday saw its consolidated net profit jump to Rs 74.35 crore in the June quarter on higher demand. Latest News | Blue Star Q1 Net Profit Rises to Rs 74 Crore.
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 in...