While Blue Star record a new 52-week high, RHI Magnesia India hit a new all-time high in February
Air conditioner and commercial refrigerator maker Blue Star Ltd reported 29.37 per cent rise in consolidated net profit at Rs 47.57 crore for the third quarter ended December 2021.
Air conditioning and commercial refrigeration firm Blue Star on Thursday reported over two-fold jump in consolidated net profit to Rs 31.45 crore for the second quarter ended September 30
The construction of the first phase of 30,000 sq meters will be completed by July 2022
The company had posted a consolidated net loss of Rs 19.95 crore in the April-June quarter a year ago, Blue Star said in a regulatory filing.
The firm had a 'bad summer season'
Bajaj Electricals and Whirlpool can see significant upside on follow-up buying, technical charts suggest. However, the overall market also needs to be positive for these stocks to gain further ground
Indian Meteorological Department (IMD) expects day temperatures to remain above-normal in select regions across the country between March to May 2021
Ice lined refrigerators are ideal for vaccination programmes due to their ability to maintain a desired temperature even without power for up to as long as 48 hours. says Blue Star
Better than expected performance, market share gains in room ACs improve earnings outlook
The latest project is one of the largest, fast-track projects, being executed by Blue Star in the factories' segment
Blue Star's Managing Director B Thiagarajan spoke to T E Narasimhan on how sales are expected to touch pre-Covid-19 levels during festival time and there are chances it may increase by 10 per cent
The company had posted a net profit of Rs 37.94 crore in the corresponding quarter of the previous financial year, Blue Star said in a regulatory filing
Investment in domestic manufacturing capacities will stand them in good stead; OEMs like Amber Enterprises to also benefit
While companies cannot import gas-filled AC units, there are no curbs on importing similar AC units without refrigerant
Blue Star expects sales from residential air conditioner and commercial refrigeration segment to touch pre-COVID-19 level in the fourth quarter of the current financial year
The nationwide lockdown has impacted the company's cash flow and the firm needs funds for its business continuity and growth over the next 12-18 months, Blue Star said in a regulatory filing
Despite the government recently announcing two ambitious schemes for the sector to attract new investment, none of the companies is planning to avail them any time soon.
Company's proposed manufacturing unit at Andhra Pradesh's Sri City likely to go on stream in FY22
Bluestar would expand its network in the overseas markets, where it is operating, and is aiming to have a turnover of Rs 10 billion in the next three years