Blue Star reported standalone net profit of Rs 71.72 crore for Q4

NEW DELHI: Airconditioner maker Blue Star has reported a standalone net profit of Rs 71.72 crore for the fourth quarter ended March 31.

The company had registered a net profit of Rs 106.17 crore in January-March period a year ago, Blue Star said in a BSE filing.

Net sales during the quarter was at Rs 1,090.03 crore. It was Rs 990.04 crore in the same quarter of the preceding fiscal.

Meanwhile, in a separate filing, the company said pursuant to amalgamation of Blue Star Infotech and Blue Star Infotech Business Intelligence & Analytics, "the results for the current periods are not comparable with the previous period".

For the entire last fiscal, the standalone net profit of Blue Star was at Rs 122.77 crore, whereas in the preceding fiscal it was Rs 152.53 crore.

Net sales were at Rs 3,494.81 crore in 2015-16. It was Rs 3,039.48 crore in 2014-15.

Shares of Blue Star today settled at Rs 427.45 on BSE, down 1.41 per cent from the previous close.