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  • AC makers feel the heat, but are winds of change blowing? Jun 03, 2021 01:38 PM IST

    AC makers feel the heat, but are winds of change blowing?

    The low penetration levels coupled with rising temperatures make a compelling case for long-term investment in the AC sector

  • Blue Star Q4 PAT seen up 541.5% YoY to Rs. 61.9 cr: Motilal Oswal Apr 14, 2021 03:18 PM IST

    Blue Star Q4 PAT seen up 541.5% YoY to Rs. 61.9 cr: Motilal Oswal

    Net Sales are expected to increase by 21.8 percent Y-o-Y (up 40.8 percent Q-o-Q) to Rs. 1,583 crore, according to Motilal Oswal.

  • Blue Star Q4 PAT seen up 305% YoY to Rs. 36 cr: KRChoksey Apr 11, 2021 12:41 PM IST

    Blue Star Q4 PAT seen up 305% YoY to Rs. 36 cr: KRChoksey

    Net Sales are expected to increase by 7.1 percent Y-o-Y (up 23.8 percent Q-o-Q) to Rs. 1,391.4 crore, according to KRChoksey.

  • Blue Star Q3 PAT seen up 53.1% YoY to Rs. 196 cr: KR Choksey Jan 15, 2021 03:18 PM IST

    Blue Star Q3 PAT seen up 53.1% YoY to Rs. 196 cr: KR Choksey

    Net Sales are expected to decrease by 1.9 percent Y-o-Y (up 34.3 percent Q-o-Q) to Rs. 1,235.9 crore, according to KR Choksey.

  • Coronavirus and its impact on the Indian consumer durables industry Feb 28, 2020 08:27 AM IST

    Coronavirus and its impact on the Indian consumer durables industry

  • Ideas for Profit | Blue Star Q2: Electro-mechanical projects hurt performance; unitary products salvage show Nov 20, 2019 10:48 AM IST

    Ideas for Profit | Blue Star Q2: Electro-mechanical projects hurt performance; unitary products salvage show

  • Blue Star Q4 review: A good all-round performance May 06, 2019 03:43 PM IST

    Blue Star Q4 review: A good all-round performance

  • AC sales continue to cool off, but 2 stocks worth buying on dips Nov 15, 2018 06:15 PM IST

    AC sales continue to cool off, but 2 stocks worth buying on dips

    Strong execution of electro-mechanical projects offset the disadvantage of weak AC sales in the quarter gone by.

  • Blue Star Q1 PAT seen up 39.2% YoY to Rs. 81 cr: KR Choksey Jul 22, 2018 06:09 PM IST

    Blue Star Q1 PAT seen up 39.2% YoY to Rs. 81 cr: KR Choksey

    Net Sales are expected to increase by 5.9 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 1,542 crore, according to KR Choksey.

  • Consumer durables Q1 preview: Higher material costs, rupee depreciation to impact books Jul 13, 2018 03:05 PM IST

    Consumer durables Q1 preview: Higher material costs, rupee depreciation to impact books

    A rise in crude oil prices have also impacted the pricing in the home appliances space, weakening consumer demand

  • Blue Star: Long-term prospects make it a cool stock to buy May 16, 2018 03:27 PM IST

    Blue Star: Long-term prospects make it a cool stock to buy

    From an investor's point of view, traction in the air cooling segment, enhanced brand visibility, product launches, government projects, and addition of clients are key tailwinds.

  • Blue Star Q4 PAT seen up 0.6% YoY to Rs. 37.4 cr: KR Choksey Apr 20, 2018 04:50 PM IST

    Blue Star Q4 PAT seen up 0.6% YoY to Rs. 37.4 cr: KR Choksey

    Net Sales are expected to increase by 20 percent Y-o-Y (up 69.2 percent Q-o-Q) to Rs. 1,660.3 crore, according to KR Choksey.

  • Voltas, Blue Star Q3 – All set to tackle the heat Feb 13, 2018 12:36 PM IST

    Voltas, Blue Star Q3 – All set to tackle the heat

    With disposable incomes rising and government’s push towards pan-India electrification evident, AC manufacturers have quite a few tailwinds to look forward to.

  • Current order book stand at Rs 2120 crore, says Blue Star Nov 01, 2017 12:20 PM IST

    Current order book stand at Rs 2120 crore, says Blue Star

    Blue Star posted a lacklustre set of earnings in Q2 as air conditioner (AC) business margins fell and electro-mechanical projects business revenue business declined by 7 percent; the management says the overall market is yet to pick up. In an interview to CNBC-TV18, Vir Advani, MD of Blue Star elaborated on the numbers and gave his outlook for the future.

  • Blue Star Q1 PAT seen 10% higher at Rs 56 cr; revenue could spike to Rs 1,338 crore Aug 10, 2017 12:41 PM IST

    Blue Star Q1 PAT seen 10% higher at Rs 56 cr; revenue could spike to Rs 1,338 crore

    On an operating level, the company could post a profit of Rs 92 crore, a rise of 21 percent from Rs 76 crore

  • Summer looks promising, company to grow at 30%: Blue Star May 10, 2017 02:29 PM IST

    Summer looks promising, company to grow at 30%: Blue Star

    In an interview to CNBC-TV18, Vir Advani, MD of Blue Star spoke about the results and his outlook for the company.

  • Blue Star Q4 PAT seen up 205.2% to Rs 44.3 cr: KR Choksey Apr 20, 2017 05:32 PM IST

    Blue Star Q4 PAT seen up 205.2% to Rs 44.3 cr: KR Choksey

    Net Sales are expected to increase by 41.2 percent Q-o-Q (up 12 percent Y-o-Y) to Rs 1295.9 crore, according to KR Choksey. Blue Star to report net profit at 44.3 crore up 205.2% quarter-on-quarter.

  • Blue Star may turn profitable in Q3, revenue growth seen at 6% Jan 24, 2017 05:22 PM IST

    Blue Star may turn profitable in Q3, revenue growth seen at 6%

    Air conditioning company Blue Star is expected to turn profitable with net at Rs 13 crore for December quarter against loss of Rs 5.8 crore in year-ago period.

  • Demonetization may impact Q3 sales of products: Blue Star Nov 11, 2016 12:34 PM IST

    Demonetization may impact Q3 sales of products: Blue Star

    "In tier I and tier II markets, about 30 percent of sales are done in cash. In tier III, tier IV and tier V markets, about 60 percent of business is done in cash. There is going to be a short-term that is Q3 impact on our sales of products on account of the demonetization", Vir Advani, MD of Blue Star told CNBC-TV18.

  • Will end FY17 with over 10% market share: Blue Star Aug 19, 2016 02:20 PM IST

    Will end FY17 with over 10% market share: Blue Star

    Blue Star has already increased market share in room air conditioner business and commercial refrigeration products like water coolers and deep freezers, says Joint MD B Thiagarajan.

  • Blue Star Q1 profit seen up 10% on cooling products boost Aug 01, 2016 08:53 AM IST

    Blue Star Q1 profit seen up 10% on cooling products boost

    Electromechanical projects (EMP) & packaged air conditioners (PAC) segments are likely to report muted growth of 5 percent YoY. Analysts expect robust growth of 25 percent YoY in the cooling products business.

  • Eyeing 12% market share in room AC business in FY17: Blue Star May 31, 2016 12:36 PM IST

    Eyeing 12% market share in room AC business in FY17: Blue Star

    Government expenditure as well as recovery in real estate over next 9-11 months will help growth, Vir Advani, Managing Director of Blue Star.

  • Aim revenue growth of 20-25% in FY17: Blue Star Feb 16, 2016 10:50 AM IST

    Aim revenue growth of 20-25% in FY17: Blue Star

    Blue Start had reported its quarterly earnings on January 29. Revenue grew 12.4 percent to Rs 686 crore year-on-year (YoY) and EBITDA margins rose 260 basis points to 4.1 percent (YoY).

  • Aiming for 12% market share in Room ACs by FY17: Blue Star Jan 01, 2016 12:00 AM IST

    Aiming for 12% market share in Room ACs by FY17: Blue Star

    "The company intends to continue its aggressive thrust in the room air conditioners market and aims to gain a market share of 12 per cent in financial year 2016-17 in terms of value," Blue Star Executive Director and President (AC&R Products Business), B Thiagarajan, told reporters here.

  • Festive months, seasonal changes to aid growth: Blue Star Oct 27, 2015 12:39 PM IST

    Festive months, seasonal changes to aid growth: Blue Star

    Satish Jamdar, MD of Blue Star told CNBC-TV18 that increased capex, revival of projects will push economic growth.

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