Saturday, August 4, 2012

Blue Star net jumps 110%


Air conditioner firm Blue Star  today said its net profit surged by 110% to Rs 20.54 crore in the June quarter.

The company had a net profit of Rs 9.79 crore in the corresponding period last fiscal, Blue Star said in a statement.

During the first quarter, the company posted an income of Rs 723.18 crore compared to Rs 698.52 crore in the year-ago period.

The carry forward order book as on June 30, 2012 reduced to Rs 1,848 crore as against Rs 2,019 crores as at June 30, 2011, due to slower new order bookings as well as a concerted effort to improve the quality of new orders won, the company said.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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