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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.
Aug 1, 2016 / 08:53 AM IST
 
 
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Blue Star, India's largest air conditioning & commercial refrigeration company, is expected to report a 10.3 percent growth in profit at Rs 43 crore and 17.6 percent in revenue at Rs 1,068 crore on yearly basis in Q1, according to average of estimates of analysts polled by CNBC-TV18.


Operating profit may increase 22.5 percent to Rs 79 crore and margin may expand 40 basis points at 7.4 percent in the quarter ended June 2016.

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.

first published: Aug 1, 2016 08:53 am

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