Blue Star H 1 total income up 18% (1)

Blue Star H 1 total income up 18%

Financial Performance
Central Airconditioning and commercial refrigeration major, Blue Star Limited has reported a Total Income of Rs 306.51 crores for the half year ended September 30, 2003, a growth of 18% in comparison with the same period last year.

Profit before extraordinary items and taxation grew by 37% to Rs 14.47 crores while Net Profit climbed to Rs 8.22 crores.

Excellent Order Inflow
With the favourable macro-economic conditions, new orders worth Rs 398 crores have been booked by the Company for the half year ended September 2003, which represents a growth of 40%.

Ashok M Advani, Chairman & Chief Executive adds "As I have stated earlier, we are back on the growth path, and I am optimistic about the outlook for this financial year".

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