Stock Report

Blue Star Ltd Q1FY22 consolidated PAT at Rs. 12.69 crores



Posted On : 2021-08-04 14:40:50( TIMEZONE : IST )

Blue Star Ltd Q1FY22 consolidated PAT at Rs. 12.69 crores

Blue Star Ltd has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.1059.99 crores during the period ended June 30, 2021 as compared to Rs.1651.35 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.12.69 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.67.97 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.1.32 for the period ended June 30, 2021 as compared to Rs.7.06 for the period ended March 31, 2021.

FinancialsQ1 FY2021-22Q4 FY20-21% Change
Total Income₹ 1059.99 crs₹ 1651.35 crsDown Tick -35.81%
Net Profit₹ 12.69 crs₹ 67.97 crsDown Tick -81.33%
EPS₹ 1.32₹ 7.06Down Tick -81.3%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.1059.99 crores during the period ended June 30, 2021 as compared to Rs.634.63 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.12.69 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(19.66) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.32 for the period ended June 30, 2021 as compared to Rs.(2.04) for the period ended June 30, 2020.

FinancialsQ1 FY2021-22Q1 FY2020-21% Change
Total Income₹ 1059.99 crs₹ 634.63 crsUp Tick 67.02%
Net Profit₹ 12.69 crs₹ (19.66) crsUp Tick 164.55%
EPS₹ 1.32₹ (2.04)Up Tick 164.71%

Vir S. Advani, Vice Chairman & Managing Director, Blue Star Limited adds, "With the capital investment cycle playing out in a significant manner, the demand for our products and services is expected to be robust. Consumer spending has resumed and we expect to witness healthy growth in demand. We will continue to focus on controlling operating costs and improving working capital efficiencies and operating cash flows. With the vaccination drive expected to pick-up momentum, the impact of the third wave, if any, should be also minimal. Therefore, we believe the prospects for the ensuing quarters are good."

Shares of Blue Star Ltd was last trading in BSE at Rs. 840 as compared to the previous close of Rs. 846.55. The total number of shares traded during the day was 6363 in over 907 trades.

The stock hit an intraday high of Rs. 853 and intraday low of 832.95. The net turnover during the day was Rs. 5333641.

Source : Equity Bulls

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