Blue Star announced that the 76th Annual General Meeting(AGM) of the company will be held on 6 August 2024.Powered by Capital Market - Live News

Net profit of Blue Star declined 28.73% to Rs 160.54 crore in the quarter ended March 2024 as against Rs 225.25 crore during the previous quarter ended March 2023. Sales rose 26.83% to Rs 3327.77 crore in the quarter ended March 2024 as against Rs 2623.83 crore during the previous quarter ended March 2023.For the full year,net profit rose 3.62% to Rs 414.95 crore in the year ended March 2024 as against Rs 400.46 crore during the previous year ended March 2023. Sales rose 21.41% to Rs 9685.36 crore in the year ended March 2024 as against Rs 7977.32 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales3327.772623.83 27 9685.367977.32 21 OPM %7.276.83 -6.876.18 - PBDT242.45169.02 43 654.77469.35 40 PBT214.13146.30 46 557.16384.57 45 NP160.54225.25 -29 414.95400.46 4 Powered by Capital Market - Live News

Blue Star announced that the Board of Directors of the Company at its meeting held on 02 May 2024, has recommended a Final dividend of Rs.7 per share (i.e.350%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Blue Star will hold a meeting of the Board of Directors of the Company on 2 May 2024.Powered by Capital Market - Live News

Blue Star unveiled its new comprehensive range of Room ACs today, including a `best-in-class affordable` range and a `flagship premium` range, for the forthcoming summer season. Overall, the Company has launched over 100 models across the spectrum of inverter, fixed speed, and window ACs, and across price points to cater to every consumer segment. The market for room ACs is witnessing significant demand owing to burgeoning middleclass consumers with higher disposable incomes and the category becoming more of a necessity than a luxury. The Company is experiencing demand from first-time buyers, especially in the Tier 2, 3 and 4 markets, as well as the replacement market.Blue Star has launched a slew of products to cater to this growing demand, leveraging its manufacturing, R&D and innovation capabilities to roll out new, differentiated and best in-class ACs. Powered by Capital Market - Live News