Blue Star reports 38% rise in Q4 consolidated net profit

14 May 2018

Blue Star has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a rise of 38.32% in its net profit at Rs 45.05 crore for the quarter ended March 31, 2018 as compared to Rs 32.57 crore for the same quarter in the previous year. The total income of the company increased by 5.08% at Rs 1375.82 crore for quarter under review as compared to Rs 1309.25 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a rise of 37.83% in its net profit at Rs 51.23 crore for the quarter ended March 31, 2018 as compared to Rs 37.17 crore for the corresponding quarter in the FY17. Total consolidated income of the company increased by 6.56% at Rs 1479.70 crore for quarter under review as compared to Rs 1388.61 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a rise of 26.76% in its net profit at Rs 141.93 crore as compared to Rs 111.97 crore for the previous year. Total income of company increased by 6.23% at Rs 4441.29 crore for year under review as compared to Rs 4180.98 crore for the year ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted rise of 21.29% in its net profit at Rs 149.25 crore as compared to Rs 123.05 crore for the previous year. Total consolidated income of company increased by 6.96% at Rs 4766.94 crore for year under review as compared to Rs 4456.81 crore for the year ended March 31, 2017.

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