Q4FY17 results: Blue star Ltd
Blue Star Ltd. reported its results for the quarter ended March 31, 2017 on Tuesday.
The company's total sales for Q4FY17 came in at Rs 1371.8 crore, which represents a 49.47 per cent sequential increase and 18.56 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 55.25 crore and its EBIT margin stood at 4.03 per cent.
The company reported PAT of Rs 38.06 crore, which represents a sequential QoQ increase of 168.41 per cent and a YoY increase of 10.87 per cent.
The Board of Directors has recommended a dividend of Rs 7.5 per equity share on the face value of Rs. 2 each.
The stock opened at Rs 695.95 and closed at Rs 705.55, up by 1.42% .
Blue Star Limited is an air-conditioning and commercial refrigeration company. The company conducts various activities, such as electrical, plumbing and fire-fighting services. Its segments include electro-mechanical projects and packaged air conditioning systems, and unitary products.