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Blue Star reports over 2-fold jump in Q4 consolidated net profit

05 May 2023 Evaluate

Blue Star has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported over 3-fold jump in its net profit at Rs 217.06 crore for the quarter under review as compared to Rs 59.37 crore for the same quarter in the previous year. However, total income of the company increased by 20.95% at Rs 2433.53 crore for Q4FY23 as compared to Rs 2012.00 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 225.29 crore for fourth quarter ended March 31, 2023 as compared to Rs 76.27 crore for the same quarter in the previous year. Total income of the company increased by 16.37% at Rs 2630.48 crore for Q4FY23 as compared to Rs 2260.48 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported over 2-fold jump in its net profit at Rs 366.58 crore as compared to Rs 127.74 crore for the previous year. Total income of the company increased by 35.93% at Rs 7382.96 crore for year under review as compared to Rs 5431.59 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 2-fold jump in its net profit at Rs 400.69 crore as compared to Rs 168.00 crore for the previous year. Total income of the company increased by 31.29% at Rs 8008.19 crore for year under review as compared to Rs 6099.80 crore for year ended March 31, 2022.

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Company Name CMP
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