Air conditioner maker Blue Star today reported an over two-fold increase in its net profit to Rs 20.54 crore for the quarter ended June 30.
The company had posted a net profit of Rs 9.79 crore in the same period last year, Blue Star said in a filing to the BSE.
The net income during the first quarter of this fiscal went up by 3.89% to Rs 731.42 crore from Rs 704.03 crore in the year-ago period, it added.
Shares of Blue Star closed at Rs 192, up 3.31% from its previous close at the BSE.
