blue star
Companies

Blue Star’s Q3 Revenue Rises 4.2% to Rs 2,925 Cr

The room air conditioners (ACs) business recorded modest growth, primarily driven by channel partners building inventory

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Companies

Blue Star Board Reappoints B Thiagarajan As MD, Elevates Mohit Sud As ED

The company notifies a series of board and senior management changes, including retirements, reappointments and new leadership inductions

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Companies consumer Economy

Blue Star Sees 21% YoY Surge In Net Profit In Q4

The Board of Directors has recommended a dividend of Rs 9 per equity share of face value Rs 2 each for FY25

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Brands Companies consumer Economy

Blue Star Expands Commercial Refrigeration Solutions’ Range To Meet Demand

With its diverse product range and a promising summer season ahead, the company is confident in its growth projects for this fiscal year

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Companies Consumer Economy

Ice Cream OEMs, QSR Chains Driving Commercial Refrigeration Industry’s Growth: Blue Star’s Thiagarajan

B Thiagarajan states that the growing trend of outside-the-home consumption, especially in perishable foods, is a major growth driver

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Brands Companies Finance Manufacturing News

Blue Star Invests Rs 250 Cr To Ramp Up Room AC Production

Blue Star, a leading home appliances company, has announced plans to invest Rs 250 crore in the next financial year to enhance the manufacturing capacity of room air conditioners at its Sri City facility in Andhra Pradesh. Currently, the company boasts a production capacity of 10 lakh room air conditioners across its manufacturing units, including […]

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Brands Companies Electronics News

Blue Star Revenue Up 25% To Rs 2,241 Crore In Q3 FY24

Blue Star, which manufactures air conditioners and commercial refrigeration systems, recorded a 72 per cent increase in total net profit to Rs 100.46 crore in the third quarter that ended December 2023, boosted by strong sales over the Christmas season. According to a regulatory filing from Blue Star, the business had a net profit of Rs […]

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Brands Companies Finance News

Blue Star Q2 Revenue Surges 19.47% To Rs 1,890 Cr

In the second quarter ending on 30 September 2023, revenue from operations for Blue Star surged by 19.47 per cent to reach Rs 1,890.40 crore, compared to Rs 1,582.29 crore during the same period the previous year. The consolidated operating profit (PBIDTA excluding other income) for Q2 FY24 showed significant improvement, reaching Rs 122.69 crore […]

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Brands Companies Finance News

Blue Star Launches QIP Offer To Raise Rs 1,000 Cr For Expansion

Leading cooling products manufacturer, Blue Star, has initiated its Qualified Institutions Placement (QIP) offer with a floor price set at Rs 784.55 per equity share, aiming to raise Rs 1,000 crore to support its expansion strategies. The Executive Management Committee at its meeting on Monday to approve the opening of the offering, scheduled for 18 […]

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Companies News

Blue Star Net profit Rises At Rs 225 Cr In Q4FY23

Blue Star on Friday reported an almost threefold increase in net profit to Rs 225.29 crore in the fourth quarter ended 31 March 2023, against Rs 76.27 crore in the same quarter previous fiscal. According to the statement from the air conditioning and commercial refrigeration firm, its revenue during the reviewed quarter grew 16 per […]

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