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Blue Star reports 66% rise in Q2 consolidated net profit

30 Oct 2023 Evaluate

Blue Star has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported over 2-fold jumps in its net profit at Rs 70.22 crore for Q2FY24 as compared to Rs 30.12 crore for the same quarter in the previous year. Total income of the company increased by 3.56% at Rs 1,753.35 crore for Q2FY24 as compared Rs 1,425.47 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 65.97% rise in its net profit at Rs 70.77 crore for the quarter under review as compared to Rs 42.64 crore for the same quarter in the previous year. Total income of the company increased by 19.64% at Rs 1,903.36 crore for Q2FY24 as compared Rs 1,590.84 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Voltas 1143.45
Blue Star 1483.00
Amber Enterprises 6993.90
EPACK Durable 178.25
Bosch Home Comfort 1664.20
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