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Keep on trucking down the road to net-zero

It’s hard to imagine how Canada’s economy could function without the class of medium and heavy-duty vehicles (MHDV) that deliver goods, pick-up garbage, plough roads and much more.

Blue Star shares in focus on QIP float at 2% discount

The proceeds from the QIP will be used to pare to some of Blue Star s outstanding debt and fund its growth aspirations.

Blue Star gains after strong Q4 performance

Net sales during the quarter increased 24% year-on-year (YoY) to Rs 1611.56 crore. On the segmental front, revenue of the Electro-Mechanical Projects and Commercial Air Conditioning Systems business grew 18.1% to Rs 779.96 crore in Q4FY21 compared to Rs 660.39 crore in Q4FY20. Unitary Products revenue grew by 31.1% YoY to Rs 781.81 crore in Q4FY21. The Professional Electronics and Industrial Systems business revenue grew 16.6% YoY to Rs 49.79 crore in Q4FY21. Revenue growth and improvement in profitability across segments enabled Operating Profit (PBIDTA excluding other income and finance income) to increase to Rs 101.81 crore (6.3% of revenue) for Q4FY21 from Rs 37.33 crore (2.9% of revenue) in Q4FY20.

Blue Star clocks Q4 profit at Rs 103 crore on higher revenues

Blue Star clocks Q4 profit at Rs 103 crore on higher revenues ANI | Updated: May 06, 2021 17:07 IST Mumbai (Maharashtra) [India], May 6 (ANI): Air conditioning and commercial refrigeration major Blue Star said on Thursday its profit before tax before exceptional items was Rs 103 crore for Q4 FY21 compared to Rs 13 crore in Q4 FY20. Revenue from operations recovered 124 per cent to Rs 1,612 crore as compared to Rs 1,299 crore in the same period. Revenue growth and improvement in profitability across segments enabled operating profit (PBIDTA excluding other income and finance income) to increase to Rs 102 crores for Q4 FY21 from Rs 37 crore in the same period of previous fiscal.

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