 "Blue Star logs Rs 51.4 crore in Q1 net profit")
Air-conditioner maker Blue Star has reported a net profit of Rs 51.4 crore for the first quarter ended June 2016.
The figure was Rs 72.43 crore in April-June a year ago, Blue Star said in a BSE filing.
Consolidated net sales stood at Rs 1,212.8 crore during the quarter under review, up from Rs 1,014 crore in the same period a year before.
The company said: "Due to the merger of Blue Star Infotech and its subsidiary, Blue Star Infotech Business Intelligence & Analytics Private with Blue Star as well as re-organisation of Blue Star and its wholly-owned subsidiaries in FY16...Q1 FY17 performance is not directly comparable with the previous year's numbers."
The stock on Monday settled at Rs 485.70 on BSE, down 0.22%.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%