Blue Star will hold a meeting of the Board of Directors of the Company on 2 May 2024.Powered by Capital Market - Live News

Blue Star unveiled its new comprehensive range of Room ACs today, including a `best-in-class affordable` range and a `flagship premium` range, for the forthcoming summer season. Overall, the Company has launched over 100 models across the spectrum of inverter, fixed speed, and window ACs, and across price points to cater to every consumer segment. The market for room ACs is witnessing significant demand owing to burgeoning middleclass consumers with higher disposable incomes and the category becoming more of a necessity than a luxury. The Company is experiencing demand from first-time buyers, especially in the Tier 2, 3 and 4 markets, as well as the replacement market.Blue Star has launched a slew of products to cater to this growing demand, leveraging its manufacturing, R&D and innovation capabilities to roll out new, differentiated and best in-class ACs. Powered by Capital Market - Live News

Net profit of Blue Star rose 71.87% to Rs 100.39 crore in the quarter ended December 2023 as against Rs 58.41 crore during the previous quarter ended December 2022. Sales rose 24.92% to Rs 2241.19 crore in the quarter ended December 2023 as against Rs 1794.17 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales2241.191794.17 25 OPM %6.935.82 - PBDT157.8895.60 65 PBT134.3980.05 68 NP100.3958.41 72 Powered by Capital Market - Live News

Blue Star will hold a meeting of the Board of Directors of the Company on 30 January 2024.Powered by Capital Market - Live News

Net profit of Blue Star rose 66.09% to Rs 70.67 crore in the quarter ended September 2023 as against Rs 42.55 crore during the previous quarter ended September 2022. Sales rose 19.47% to Rs 1890.40 crore in the quarter ended September 2023 as against Rs 1582.29 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales1890.401582.29 19 OPM %6.495.41 - PBDT118.0482.00 44 PBT95.0357.53 65 NP70.6742.55 66 Powered by Capital Market - Live News