Press Releases
Impressive Second Quarter Performance by Blue Star

Central air conditioning and commercial refrigeration major, Blue Star Limited has registered a Net Profit of Rs 5.07 crores for the quarter ended September 30, 2001 on a Total Income of Rs 122.84 crores. This represents 40% growth over the corresponding quarter of last year. Net profit for the first half stood at Rs 7.09 crores on a Total Income of Rs 232.17 crores.

Interest Cost Down 30%

The focus has been on enhancing resource utilization across the Company. The Company reduced the interest burden by 30% through prudent financial management.

Improved Operational Efficiency

The Company undertook several measures to cut costs and improve productivity. An Employee Voluntary Retirement Scheme was introduced.

 

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