MoneyWorks4Me

Blue Star reports 7-fold jump in Q4 consolidated net profit

07 May 2021 Evaluate

Blue Star has reported results for fourth quarter and year ended March 31, 2021.

The company has reported a rise of 96.21% in its net profit at Rs 65.26 crore for the quarter under review as compared to Rs 33.26 crore for the same quarter in the previous year. Total income of the company increased by 24.35% at Rs 1531.29 crore for Q4FY21 as compared Rs 1231.47 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported above 7-fold jump in its net profit attributed to the owners at Rs 67.97 crore for the quarter under review as compared to Rs 8.90 crore for the same quarter in the previous year. Total income of the company increased by 26.47% at Rs 1651.35 crore for Q4FY21 as compared Rs 1305.71 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a fall of 45.45% in its net profit at Rs 65.93 crore as compared to Rs 120.87 crore for the previous year. Total income of the company decreased by 19.66% at Rs 3904.40 crore for year under review as compared to Rs 4859.92 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 29.95% in its net profit attributed to the owners at Rs 100.35 crore as compared to Rs 143.25 crore for the previous year. Total income of the company decreased by 19.96% at Rs 4325.94 crore for year under review as compared to Rs 5404.89 crore for year ended March 31, 2020.

Peers
Company Name CMP
Voltas 1144.30
Blue Star 1486.80
Amber Enterprises 6988.55
EPACK Durable 177.85
Bosch Home Comfort 1669.60
View more..