BLUE STAR LTD. - 500067 - Investor Update For The Fourth Quarter And Financial Year Ended March 31, 2022
We are enclosing herewith the Investor Update for the fourth quarter and financial year ended March 31 , 2022. The said information is also being made available on the website of the Company at www.bluestarindia.com Kindly take the same on record. BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30(6) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations") read with Part A of Schedule Ill of the Listing Regulations, we are enclosing herewith the Investors'' Presentation for the fourth quarter and financial year ended March 31, 2022. The said information is also being made available on the website of the Company at www.bluestarindia.com Kindly take the same on record.
Blue Star Q4 net profit up 12% to Rs 76 cr; sales rise 40% to Rs 2,248 cr
Air-conditioning and commercial refrigeration firm Blue Star Ltd on Thursday reported a 12.01 per cent increase in net profit at Rs 76.27 crore for the fourth quarter ended March 2022 BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Blue Star Limited has informed the Exchange about press release dated May 5, 2022 titled "Blue Star reports record revenue and profits in Q4FY22; Consolidated FY22 Revenue grows 41.8% to Rs 6045.58 crores; Operating Profit grows 44.5% to Rs 346.47 crores." Q4FY22 Quarterly Result Announced for Blue Star Ltd.
Consumer Electronics firm Blue Star declares Q4FY22 result: Consolidated FY22 Revenue grows 41.8% to Rs 6045.58 crores; Operating Profit grows 44.5% to Rs 346.47 crores. Consolidated Financial Performance for Q4FY22: Revenue from operations for Q4FY22 grew by 39.5% to an all-time high of Rs 2247.58 crores compared to Rs 1611.56 crores in Q4FY21. The Operating Profit (PBIDTA excluding Other Income and Finance Income) for Q4FY22 was Rs 142.95 crores (6.4% of revenue) compared to Rs 101.81 crores (6.3% of revenue) for Q4FY21. Profit before tax grew by 9.2% to Rs 113.91 crores in Q4FY22 compared to Rs 104.32 crores in Q4FY21. Net profit for Q4FY22 grew by 12.0% to Rs 76.27 crores compared to Rs 68.09 crores in Q4FY21 Healthy cash from operations enabled a reduction of Rs 97.97 crores in net borrowings in Q4FY22 compared to Q3FY22 Consolidated Financial Performance for FY22: The Company has reported Revenue from Operations of Rs 6045.58 crores for the year ended March 31, 2022, on a consolidated basis, compared to Rs 4263.59 crores during FY21, representing a growth of 41.8%. The Operating Profit (PBIDTA excluding Other Income and Finance Income) for the year was Rs 346.47 crores (5.7% of revenue) compared to Rs 239.81 crores (5.6% of revenue) in FY21. Net Profit for the year was Rs 168.00 crores compared to Rs 100.66 crores in FY21, representing a growth of 66.9%. Finance Cost for the year was at Rs 46.40 crores compared with Rs 64.72 crores in FY21 due to lower average gross borrowings and lower cost of funds during the year. Tax expense for FY22 was Rs 82.90 crores compared to Rs 47.09 crores in FY21. Net borrowing as of March 2022 was Rs 67.14 crores compared to a net cash balance of Rs 151.45 crores as of March 2021 due to a planned advancement in inventory levels related to the procurement of long-lead raw materials and components in order to de-risk supply chain constraints, and capacity expansion capital investments in the new manufacturing projects at Sri City. The Company had raised Rs 350 crores through the issue of Unsecured Non-Convertible Debentures (NCD) in June 2020 in order to strengthen its Balance Sheet with a repayment tenor of 3 years and a call option to repay 50% of the NCD in May 2022. The Company proposes to exercise the said call option and reduce the residual NCD obligation on the back of its strong fund position. Earnings per share for the year (Face value of Rs 2.00) was Rs 17.44 vis-à-vis Rs 10.42 in the previous year. Carried Forward Order Book as on March 31, 2022, stood at Rs 3253.30 crores compared to Rs 2952.42 crores as on March 31, 2021. Result PDF BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Dividend Updates
The Board has recommended a final dividend of Rs 10 (Rupees Ten) per equity share of Rs 2 (Rupees Two) each for the financial year ended March 31 , 2022. BLUE STAR LTD. - 500067 - Audited Financial Results For The Fourth Quarter And Financial Year Ended March 31, 2022
The Board has approved the Audited Financial Results (Standalone and Consolidated) for the fourth quarter and financial year ended March 31, 2022, and the Audited Financial Statements (standalone and consolidated) as at March 31, 2022, recommended by the Audit Committee. Pursuant to Regulation 33 and Regulation 52 of the Listing Regulations, please find enclosed herewith the Audited Financial Results (Standalone and Consolidated) for the fourth quarter and financial year ended March 31, 2022, along with the Auditors'' report(s) thereon. We hereby declare that the Statutory Auditors of the Company, M/s Deloitte Haskins & Sells LLP, Chartered Accountants, have issued unmodified audit report(s) on Financial Results (Standalone and Consolidated) for the financial year ended March 31 , 2022. BLUE STAR LTD. - 500067 - Board recommends Final Dividend
Blue Star Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 05, 2022, inter alia, has recommended a final dividend of Rs. 10 (Rupees Ten) per equity share of Rs. 2 (Rupees Two) each for the financial year ended March 31, 2022. BLUE STAR LTD. - 500067 - Board Meeting Outcome for Outcome Of The Board Meeting
The Board has approved the Audited Financial Results (Standalone and Consolidated) for the fourth quarter and financial year ended March 31, 2022, and the Audited Financial Statements (standalone and consolidated) as at March 31 , 2022, recommended by the Audit Committee. Pursuant to Regulation 33 and Regulation 52 of the Listing Regulations, please find enclosed herewith the Audited Financial Results (Standalone and Consolidated) for the fourth quarter and financial year ended March 31, 2022, along with the Auditors'' report(s) thereon. We hereby declare that the Statutory Auditors of the Company, M/s Deloitte Haskins & Sells LLP, Chartered Accountants, have issued unmodified audit report(s) on Financial Results (Standalone and Consolidated) for the financial year ended March 31 , 2022. The Board has recommended a final dividend of Rs 10 (Rupees Ten) per equity share of Rs 2 (Rupees Two) each for the financial year ended March 31 , 2022. 