loader2
Login Open ICICI 3-in-1 Account
Open ICICI 3-in-1 Account

Blue Star Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Blue Star Ltd. 05 Nov 2025 16:36 PM
Result PDF

Q2FY26 Quarterly Result Announced for Blue Star Ltd.

Consumer Electronics company Blue Star announced Q2FY26 results

  • The Company’s Revenue from Operations grew by 6.4% to Rs 2,422.37 crore for the quarter ended September 30, 2025, as compared to Rs 2,275.96 crore during the same period in the previous year.
  • The Operating Profit (EBITDA excluding Other Income) for the quarter increased by 22.8% to Rs 183.41 crore (7.6% of Revenue) compared to Rs 149.31 crore (6.6% of Revenue) in Q2FY25.
  • Other Income, including income from treasury investments, for Q2FY26 was Rs 10.01 crore as compared to Rs 18.51 crore in Q2FY25.
  • Finance costs for the quarter increased to Rs 16.92 crore as compared to Rs 6.48 crore in the same period of the previous year, mainly due to higher borrowing levels as compared to corresponding previous quarter.
  • Tax expense for the quarter was Rs 33.39 crore as compared to Rs 35.04 crore in Q2FY25.
  • Profit Before Tax (before exceptional items and share in profit/(loss) from JV) grew by 1.3% to Rs 133.16 crore in Q2FY26 compared to Rs 131.39 crore in Q2FY25.
  • Net Profit for the quarter grew by 2.8% to Rs 98.78 crore as compared to Rs 96.06 crore reported in the same period of the previous year.
  • Earnings per share (not annualised) for Q2FY26 (Face value of Rs 2.00) was Rs 4.80 compared to Rs 4.67 in Q2FY25.

Vir S. Advani, Chairman & Managing Director, Blue Star, adds, “While demand in some businesses was temporarily impacted, the Company’s diversified portfolio and strong execution capabilities continue to reinforce its long-term growth trajectory. As far as the Room AC business is concerned, the benefit of GST rate rationalisation is likely to accelerate consumer demand and drive long-term market expansion. Also, with the energy label change scheduled for implementation on January 1, 2026, we expect a rise in demand during the Christmas and New Year period. While the Electro-Mechanical Projects business may see slower order inflows, the Commercial Air Conditioning business is poised for a revival in demand. We remain focused on both prudent cost management as well as optimising the working capital levels to enhance our performance in the second half of this fiscal year.”

Result PDF

Result PDF

Consumer Electronics company Blue Star announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • The Company’s Revenue from Operations increased by 20.8% to Rs 4,018.96 crore for Q4FY25, compared to Rs 3,327.77 crore during the Q4FY24.
  • The Operating Profit (PBIDTA excluding Other Income) for the quarter grew by 15.5% to Rs 279.40 crore (7.0% of Revenue) in Q4FY25 compared to Rs 241.90 crore in Q4FY24 (7.3% of Revenue).
  • Profit Before Exceptional Items & Tax grew by 16.2% to Rs 248.82 crore in Q4FY25 compared to Rs 214.13 crore in Q4FY24.
  • Net Profit for the quarter, excluding exceptional items, was Rs 194.00 crore compared to Rs 159.71 crore in Q4FY24.
  • Other Income, including treasury income, for Q4FY25 was Rs 23.99 crore compared to Rs 12.39 crore in Q4FY24. Increase in ‘Other Income’ is mainly on account of higher cash surplus levels in FY25 as a result of prudent working capital management.
  • Tax expense for the quarter was Rs 54.82 crore, as compared to Rs 54.42 crore in Q4FY24.

FY25 Financial Highlights:

  • The Company has reported Revenue from Operations of Rs 11,976.65 crore for FY25, compared to Rs 9,685.36 crore for FY24, representing a growth of 23.6%.
  • Operating Profit (PBIDTA excluding Other Income) for the year grew by 31.8% to Rs 875.92 crore (7.3% of revenue) compared to Rs 664.94 crore (6.9% of revenue) in FY24.
  • Profit Before Exceptional Items & Tax grew by 38.6% to Rs 772.42 crore in FY25 compared to Rs 557.16 crore in FY24.
  • Net Profit for the year grew to Rs 591.28 crore (including exceptional income of Rs 10.37 crore) compared to Rs 414.31 crore in FY24 representing a significant growth of 42.7% before exceptional income stage.
  • Other Income, including treasury income, for FY25 was Rs 75.00 crore compared to Rs 47.42 crore in FY24. This increase is on account of higher surplus levels in FY25 due to prudent working capital management.
  • Net cash balance as of March 31, 2025, was Rs 640 crore compared to a net cash balance of Rs 456 crore as of March 31, 2024.
  • Finance cost for FY25 was Rs 48.80 crore compared to Rs 58.08 crore in FY24, on account of lower borrowings.
  • Capital Employed as of March 31, 2025, stood at Rs 2,427.28 crore as compared to Rs 2,156.70 crore as of March 31, 2024, primarily owing to capital investments.
  • Tax expense for FY25 was Rs 193.65 crore compared to Rs 142.85 crore in FY24. The effective tax rate for FY25 is at 24.7% (FY24 effective rate – 25.6%).
  • Earnings per share for the year FY25 (face value of Rs 2.00) was Rs 28.76 vis-a-vis Rs 20.77 in FY24.
  • Carried Forward Order Book as of March 31, 2025, grew by 9.9% to Rs 6263.36 crore, compared to Rs 5697.63 crore as of March 31, 2024.

Vir S. Advani, Chairman & Managing Director, Blue Star, said: “This is the third consecutive year of exceptional financial results. The year ended on a positive note, especially with the Room AC business recording remarkable performance, owing to strong demand expectations from a harsh summer forecast and proactive dealer stocking. Although April saw milder weather and softer growth, going by the weather forecasts, we expect the demand to pick up in May and June 2025. The hurdles faced by the Commercial Refrigeration business are behind us. The strong order book for ElectroMechanical Projects and Commercial Air Conditioning products and the growing demand from manufacturing and data centre market segments will contribute to growth. While we remain optimistic about the growth prospects, we are keeping a close watch on the geo-political developments, potential supply chain disruptions and volatility in commodity prices”.

Result PDF

Consumer Electronics company Blue Star announced Q3FY25 results

  • The Company’s Revenue from Operations increased by 25.3% to Rs 2807.36 crore for the quarter ended Dec 31, 2024, compared to Rs 2241.19 crore during the same period the previous year.
  • The Operating Profit (PBIDTA excluding Other Income) for the quarter improved significantly to Rs 209.38 crore (7.5% of Revenue) compared to Rs 155.35 crore in Q3FY24 (6.9% of Revenue).
  • Tax expense for the quarter was Rs 46.53 crore compared to Rs 33.93 crore in Q3FY24.
  • Profit Before Exceptional Items and Tax grew by a significant 24.5% to Rs 167.2 crore during the quarter compared to Rs 134.29 crore in the same period of the previous year.
  • Consequently, Net Profit for the quarter (after Exceptional Income) grew a significant 32% to Rs 132.46 crore compared to Rs 100.46 crore in the same quarter last year.
  • Earnings per share (Face value of Rs 2.00) for Q3FY25 stood at Rs 6.44 as compared to Rs 4.89 for Q3FY24.
  • The Company ended the quarter with a net cash position of Rs 102 crore as compared to a net cash position of Rs 157 crore as of December 31, 2023.

Vir S. Advani, Chairman & Managing Director, Blue Star adds, “As we conclude yet another quarter on a strong note, we are hopeful that the growth momentum shall continue owing to the key drivers such as the forthcoming summer season, record carriedforward order book, a potential revival in government spending, and increased capex from the private sector. However, challenges such as the depreciation of the Indian Rupee, rising commodity prices, and potential supply chain disruptions may pose obstacles. We have implemented strong mitigation strategies to address these challenges and are confident of continuing to deliver value to our stakeholders. We remain optimistic about FY25 being yet another remarkable year for the Company.”

Result PDF

Consumer Electronics company Blue Star announced H1FY25 & Q2FY25 results

Q2FY25 Financial Highlights:

  • The Company’s Revenue from Operations increased by 20.4% to Rs 2,275.96 crore for Q2FY25, compared to Rs 1,890.40 crore during Q2FY24.
  • The Operating Profit (PBIDTA excluding Other Income) for the quarter grew 21.7% to Rs 149.31 crore (6.6% of Revenue) compared to Rs 122.69 crore in Q2FY24 (6.5% of Revenue).
  • Other Income including treasury income for Q2FY25 was Rs 18.51 crore compared to Rs 12.96 crore in Q2FY24.
  • The Tax expense for the quarter was Rs 35.04 crore compared to Rs 24.26 crore in Q2FY24.
  • Profit Before Exceptional Items grew by a significant 38.3% to Rs 131.39 crore during the quarter compared to Rs 94.99 crore in Q2FY24.
  • Net Profit for the quarter was Rs 96.06 crore compared to Rs 70.77 crore in Q2FY24, representing a growth of 35.7%.
  • Earnings per share (Face value of Rs 2.00) for Q2FY25 stood at Rs 4.67 as compared to Rs 3.65 for Q2FY24.
  • Carried-forward order book as of September 30, 2024, grew to Rs 6,598.20 crore, as compared to Rs 6008.52 crore as of Q2FY24, a growth of 9.8%.
  • The capital employed stood at Rs 2,550.28 crore, as compared to Rs 2,069.62 crore in Q2FY24.
  • The Company ended the quarter with a net cash position of Rs 185.26 crore as compared to a net cash position of Rs 285.85 crore as of Q2FY24.

H1FY25 Financial Highlights:

  • For the H1FY25, the Company reported Revenue from Operations of Rs 5141.33 crore compared to Rs 4116.40 crore over H1FY24, a growth of 24.9%.
  • Operating Profit (PBIDTA excluding Other Income) was Rs 387.14 crore (7.5% of Revenue) compared to Rs 267.69 crore (6.5% of Revenue) during the H1FY24.
  • Net Profit for H1FY25, was Rs 264.82 crore compared to Rs 154.14 crore in H1FY24.

Vir S. Advani, Chairman & Managing Director, Blue Star, said: “The overall prospects for all our businesses continue to look promising. Room Air conditioners and Commercial Air conditioning businesses are doing well, both in terms of revenue and profit. The Commercial Refrigeration business faced setbacks in the first half of the year due to regulatory changes and we expect this impact to be temporary. The Company’s investments in R&D, manufacturing, and digitalisation will provide a stable foundation for achieving both our short-term and long-term goals. We expect FY25 to be another milestone year for the Company and remain optimistic for the balance half of the year.”

Result PDF

Consumer Electronics company Blue Star announced Q1FY25 results:

  • The Company’s Revenue from Operations increased by a significant 28.7% to Rs 2,865.37 crore for the quarter ended June 30, 2024, compared to Rs 2,226.00 crore during the same period in the previous year.
  • The Operating Profit (EBITDA excluding Other Income and Finance Income) for the quarter grew by 64% to Rs 237.83 crore (8.3% of Revenue) compared to Rs 145.00 crore (6.5% of Revenue) in Q1FY24.
  • Profit Before Tax grew by 98.9% to Rs 226.02 crore in Q1FY25 compared to Rs 113.61 crore in Q1FY24.
  • Net Profit for the quarter at Rs 168.76 crore more than doubled by 102.4% as compared to Rs 83.37 crore reported in the same period of the previous year.
  • Strong operating performance aided healthy cash flow during the quarter. Consequently, Other Income, including treasury income, for Q1FY25 was Rs 23.77 crore compared to Rs 9.40 crore in Q1FY24.
  • The quarter ended with a net cash position of Rs 1,042.87 crore as compared to a net borrowing of Rs 283.46 crore (debt equity ratio of 0.20 on a net basis). As a result, Finance Cost for the quarter decreased to Rs 7.64 crore from Rs 18.00 crore in Q1FY24.
  • Tax expense for the quarter was Rs 57.26 crore compared to Rs 30.24 crore in Q1FY24.
  • Earnings per share (not annualised) for Q1FY25 (Face value of Rs 2.00) was Rs 8.21 compared to Rs 4.33 in Q1FY24.
  • Carried Forward Order Book as on June 30, 2024, grew by 13.5% to Rs 6,084.69 crore, compared to Rs 5,359.05 crore as on June 30, 2023.

Vir S. Advani, Chairman & Managing Director, Blue Star adds, “The year has commenced on a strong note, marked by a record demand for room air conditioners. We expect sustained growth driven by good demand, from the introduction of new products across all product categories and a strong carried forward order book. In order to capitalise on future opportunities and enhance our competitiveness, we will continue to make investments in manufacturing, research and development and digitalisation initiatives and at the same time continue to be prudent in capital allocation. While we remain optimistic about the prospects for the rest of the fiscal year, the geopolitical developments across the globe, especially in the Middle East is a matter of concern.”

Result PDF

Consumer Electronics company Blue Star announced consolidated Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • The Company’s Revenue from Operations increased by 26.8% to Rs 3,327.77 crore for the quarter ended March 31, 2024, compared to Rs 2,623.83 crore during the same period in the previous year.
  • The Operating Profit (PBIDTA excluding Other Income) for the quarter grew by 35.0% to Rs 241.90 crore (7.3% of Revenue) compared to Rs 179.17 crore in Q4FY23 (6.8% of Revenue).
  • Profit Before Exceptional Items & Tax grew by 46.4% to Rs 214.13 crore in Q4FY24 compared to Rs 146.30 crore in Q4FY23.
  • Net Profit for the quarter excluding exceptional items was Rs 159.71 crore compared to Rs 86.05 crore in Q4FY23. During the previous year, the Company had realised an exceptional gain of Rs 170.81 crore (Rs 139.24 crore net of tax) on sale of a land parcel at Thane. During the current year, no such exceptional income has been accounted for in the books of accounts.
  • Other Income, including treasury income, for Q4FY24 was Rs 12.39 crore compared to Rs 6.65 crore in Q4FY23. Increase in Other Income is mainly on account of higher treasury income attributed to QIP funds.
  • The Tax expense for the quarter was Rs 54.42 crore compared to Rs 91.82 crore in Q4FY23. In the Q4FY23, tax was on higher side due on capital gain on sale of land.

FY24 Financial Highlights:

  • The Company has reported Revenue from Operations of Rs 9,685.36 crore for the year ended March 31, 2024, compared to Rs 7,977.32 crore during FY23, representing a growth of 21.4%.
  • The Operating Profit (PBIDTA excluding Other Income) for the year grew by 34.9% to Rs 664.94 crore (6.9% of revenue) compared to Rs 492.78 crore (6.2% of revenue) in FY23.
  • Profit Before Tax Before Exceptional Items grew by 44.9% to Rs 557.16 crore in FY24 compared to Rs 384.57 crore in FY23.
  • Net Profit for the year was Rs 414.31 crore compared to Rs 400.69 crore in FY23. During the previous year, the Company had realised an exceptional gain of Rs 170.81 crore (Rs 139.24 crore net of tax) on sale of a land parcel at Thane.
  • Other Income including treasury income for FY24 was Rs 47.42 crore compared to Rs 30.87 crore in FY23.
  • Net cash balance as of March 2024 was at Rs 455.93 crore compared to a net borrowing of Rs 208.41 crore as of March 2023 due to repayment of loans from the proceeds of QIP issue.
  • Tax expense for FY24 was Rs 142.85 crore compared to Rs 154.69 crore in FY23.
  • Carried Forward Order Book as on March 31, 2024, grew by 12.3% to Rs 5,697.34 crore, compared to Rs 5,073.27 crore as of March 31, 2023.

Vir S. Advani, Chairman & Managing Director, Blue Star said, “This year was momentous for Blue Star as it marked 80 years of our existence. While the milestone placed us in the elite league of Indian companies that have achieved this feat, we are now focusing on accelerating our growth. The QIP of Rs 1,000 crore raised during the year has strengthened the Balance Sheet and enabled us to fund our growth. It is gratifying that the deficit due to unseasonal rains that impacted our unitary products business in the first quarter has been more than made up by strong sales in the balance quarters of the year helping us to end the year on a high note. The summer season has also begun well and we anticipate significant demand for room air conditioners and commercial refrigeration products to continue. The carried forward order book for the other businesses is healthy and we are confident that the Company will sustain this momentum in FY25 as well.

Result PDF

Consumer electronics company Blue Star announced Q1FY24 results:

  • Revenue from operations increased by 12.6% to Rs 2,226.00 crore for Q1FY24, compared to Rs 1,977.03 crore during Q1FY23.
  • The operating profit (PBIDTA excluding other income and finance income) for Q1FY24 was Rs 145.00 crore (6.5% of Revenue) compared to Rs 123.31 crore (6.2% of Revenue) in Q1FY23.
  • Net profit for Q1FY24 grew to Rs 83.37 crore compared to Rs 74.35 crore in Q1FY23.
  • Other income (including finance income) for Q1FY24 was Rs 9.40 crore compared to Rs 10.51 crore in Q1FY23.
  • Finance cost for Q1FY24 increased to Rs 18.00 crore from Rs 10.62 crore in Q1FY23.
  • Tax expense for Q1FY24 was Rs 30.24 crore compared to Rs 26.34 crore in Q1FY23.
  • Earnings per share (not annualized) for Q1FY24 (Face value of Rs 2.00) was Rs 4.33 compared to Rs 3.86 in Q1FY23.
  • Carried forward order book as on June 30, 2023, grew by 37.4% to Rs 5,359.05 crore, compared to Rs 3,901.48 crore as on June 30, 2022.
  • Net borrowing as on June 30, 2023, was Rs 283.46 crore (Debt Equity ratio of 0.20 on a net basis), compared to a net cash position of Rs 81.03 crore as of June 30, 2022. Relatively higher borrowing levels are due to the investments in manufacturing capacity expansion to meet the growth in demand.

 

 

Result PDF

Consumer electronic firm Blue Star announced Q3FY23 results:

  • Consolidated Q3FY23:
    • The Company’s Revenue from Operations increased by 18.72% to Rs 1,788.20 crore for the quarter ended December 31, 2022, compared to Rs 1,506.22 crore during the same period in the previous year.
    • The Operating Profit (PBIDTA excluding Other Income and Finance Income) for the quarter was Rs 104.71 crore compared to Rs 90.59 crore in Q3FY22.
    • During the current financial period the Company has capitalized new capacities including plant and machinery and factory buildings. The Company was hence required to review the expected pattern of consumption of future economic benefits embodied in Property, Plant and Equipment. After the review it was decided to change the depreciation method from ‘Written Down Value’ method to ‘Straight Line Method’ with effect from October 1, 2022. This led to a lower depreciation charge for the quarter by Rs 10.80 crore.
    • Net Profit for the quarter was Rs 58.41 crore, compared to Rs 47.57 crore in Q3FY22.
    • Other Income for Q3FY23 was Rs 5.16 crore, compared to Rs 13.38 crore in Q3FY22. Other Income for Q3FY22 was higher on account of a subsidy received for one of the Company’s manufacturing plants.
    • The Tax expense for the quarter was Rs 21.64 crore, compared to Rs 22.75 crore in Q3FY22.
    • Earnings per share (not annualized) for Q3FY23 (Face value of Rs 2.00) was Rs 6.06 compared to Rs 4.94 in Q3FY22.
    • Carried Forward Order Book as on December 31, 2022, grew by 47.27% to a record Rs 4,861.99 crore compared to Rs 3,301.33 crore as on December 31, 2021.
    • Net Borrowing as on December 31, 2022, stood at Rs 395.85 crore (net debt equity ratio of 0.36) compared to Rs 165.11 crore as at December 31, 2021 (net debt equity ratio of 0.18). During the current financial period the Company and its subsidiary Blue Star Climatech Limited have invested in capacity expansion projects which has caused the debt levels to increase.
  • Consolidated Segment Q3FY23:
    • Revenue from the Electro-Mechanical Projects and Commercial Air Conditioning Systems segment grew by 20.51% to Rs 1,000.09 crore in Q3FY23 compared to Rs 829.85 crore in Q3FY22. The Segment Result for Q3FY23 grew by 36.77% to Rs 71.68 crore compared to Rs 52.41 crore in Q3FY22. 
    • Unitary Products revenue grew by 15.13% to Rs 701.90 crore in Q3FY23 compared to Rs 609.68 crore in Q3FY22. The Segment Result grew by 33.65% to Rs 51.83 crore in Q3FY23 compared to Rs 38.78 crore in Q3FY22.
    • The Professional Electronics and Industrial Systems Business revenue grew by 29.27% to Rs 86.21 crore in Q3FY23 compared to Rs 66.69 crore in Q3FY22 driven by strong demand for Healthcare solutions on the backdrop of increasing awareness and investments in the Healthcare sector.
  • Consolidated 9MFY23:
    • For the nine months ended December 31, 2022, the Company reported Revenue from Operations of Rs 5,334.76 crore compared to Rs 3,798.00 crore over the same period in the previous year, a growth of 40.46%.
    • Operating Profit (PBIDTA excluding Other Income and Finance Income) was Rs 313.61 crore compared to Rs 203.52 crore during the same period last year.
    • Net Profit for the nine months ended December 31, 2022, at Rs 175.40 crore has crossed the Net Profit of Rs 168.00 crore earned for the full year ended March 31, 2022. Net Profit for the nine months ended December 31, 2021, was Rs 91.73 crore.

 

 

Result PDF

Consumer electricals company Blue Star announced Q1FY23 results:

  • The Company’s Revenue from Operations increased by 87.3% to Rs 1970.32 crores for the quarter ended June 30, 2022 compared to Rs 1052.04 crores during the same period in the previous year.
  • The Operating Profit (PBIDTA excluding Other Income and Finance Income) for the quarter was Rs 123.31 crores compared to Rs 42.23 crores in Q1FY22.
  • Net Profit for the quarter grew to Rs 74.35 crores compared to Rs 12.71 crores in Q1FY22.
  • Other Income (including Finance Income) for Q1FY23 was Rs 10.51 crores compared to Rs 7.95 crores in Q1FY22.
  • Finance Cost for the quarter marginally decreased to Rs 10.62 crores from Rs 10.73 crores in Q1FY22.
  • Tax expense for the quarter was Rs 26.34 crores compared to Rs 6.52 crores in Q1FY22.
  • Earnings per share (not annualized) for Q1FY23 (Face value of Rs 2.00) was Rs 7.72 compared to Rs 1.32 in Q1FY22.
  • Carried Forward Order Book as on June 30, 2022, grew by 23.8% to Rs 3901.48 crores, compared to Rs 3152.30 crores as on June 30, 2021.
  • Higher cash from operations coupled with a continued focus on working capital management enabled the Company to end the quarter with a net cash balance of Rs 81.03 crores compared to a net borrowing of Rs 68.47 crores on June 30, 2021 (Net debt equity ratio of 0.08) after exercising the call option to redeem NonConvertible debentures to the tune of Rs 175 crores in June 2022.

Vir S. Advani, Vice Chairman & Managing Director, Blue Star Limited adds, “I am happy that we could deliver good results for the third consecutive quarter in a row. While the momentum continues with healthy inflow of enquiries and orders for our products and services, we anticipate headwinds due to inflationary pressures, rising interest rates, weakening of Indian Rupee, and global recessionary concerns. However, considering the large carried forward order book for our B2B businesses, significantly lower rate of penetration of room air conditioners in India, commencement of capex and construction cycles, and softening of commodities, we are optimistic about the prospects for FY23.”

 

Result PDF

Consumer Electronics firm Blue Star declares Q4FY22 result:

  • Consolidated FY22 Revenue grows 41.8% to Rs 6045.58 crores;
  • Operating Profit grows 44.5% to Rs 346.47 crores.
  • Consolidated Financial Performance for Q4FY22:
    • Revenue from operations for Q4FY22 grew by 39.5% to an all-time high of Rs 2247.58 crores compared to Rs 1611.56 crores in Q4FY21.
    • The Operating Profit (PBIDTA excluding Other Income and Finance Income) for Q4FY22 was Rs 142.95 crores (6.4% of revenue) compared to Rs 101.81 crores (6.3% of revenue) for Q4FY21.
    • Profit before tax grew by 9.2% to Rs 113.91 crores in Q4FY22 compared to Rs 104.32 crores in Q4FY21.
    • Net profit for Q4FY22 grew by 12.0% to Rs 76.27 crores compared to Rs 68.09 crores in Q4FY21
    • Healthy cash from operations enabled a reduction of Rs 97.97 crores in net borrowings in Q4FY22 compared to Q3FY22
  • Consolidated Financial Performance for FY22:
    • The Company has reported Revenue from Operations of Rs 6045.58 crores for the year ended March 31, 2022, on a consolidated basis, compared to Rs 4263.59 crores during FY21, representing a growth of 41.8%.
    • The Operating Profit (PBIDTA excluding Other Income and Finance Income) for the year was Rs 346.47 crores (5.7% of revenue) compared to Rs 239.81 crores (5.6% of revenue) in FY21.
    • Net Profit for the year was Rs 168.00 crores compared to Rs 100.66 crores in FY21, representing a growth of 66.9%.
    • Finance Cost for the year was at Rs 46.40 crores compared with Rs 64.72 crores in FY21 due to lower average gross borrowings and lower cost of funds during the year.
    • Tax expense for FY22 was Rs 82.90 crores compared to Rs 47.09 crores in FY21. 
    • Net borrowing as of March 2022 was Rs 67.14 crores compared to a net cash balance of Rs 151.45 crores as of March 2021 due to a planned advancement in inventory levels related to the procurement of long-lead raw materials and components in order to de-risk supply chain constraints, and capacity expansion capital investments in the new manufacturing projects at Sri City.
    • The Company had raised Rs 350 crores through the issue of Unsecured Non-Convertible Debentures (NCD) in June 2020 in order to strengthen its Balance Sheet with a repayment tenor of 3 years and a call option to repay 50% of the NCD in May 2022. The Company proposes to exercise the said call option and reduce the residual NCD obligation on the back of its strong fund position.
    • Earnings per share for the year (Face value of Rs 2.00) was Rs 17.44 vis-à-vis Rs 10.42 in the previous year.
    • Carried Forward Order Book as on March 31, 2022, stood at Rs 3253.30 crores compared to Rs 2952.42 crores as on March 31, 2021.

 

Result PDF

Trending News

Larsen & Toubro wins ₹1,000-2,500 cr Mumbai Metro order.

Larsen & Toubro’s Transportation Infrastructure business has won a significant (₹1,000–2,500 crore) order from Mumbai Metropolitan Region Development Authority for Package CA-298 of Mumbai Metro Line-4. 

Published on 26-Dec-2025 09:06

India's utility vehicle exports surpass passenger cars

According to media sources, India’s automobile export profile has hit a milestone, with utility vehicles such as SUVs, MPVs and MUVs overtaking traditional passenger cars in overseas shipments for the first time in November 2025. 

Published on 26-Dec-2025 09:05

KNR Constructions sells road SPVs for ₹1,543 cr

KNR Constructions Limited has signed share purchase agreements with Indus Infra Trust for the sale of its entire 100% stake, including subordinate debt, in four road SPVs—KNR Palani Infra, KNR Ramagiri Infra, KNR Guruvayur Infra and KNR Ramanattukara Infra. 

Published on 26-Dec-2025 09:04

Supreme Industries bags ₹54 cr BPCL order

Supreme Industries has received a Letter of Acceptance from Bharat Petroleum Corporation Limited (BPCL) for a repeat order of 2,00,000 units of 10 Kg composite LPG cylinders. 

Published on 26-Dec-2025 09:03

Credit card spending declines 11.9%.

According to RBI data, total credit card spending declined 11.9% MoM to around ₹1.9 lakh crore in November from ₹2.1 lakh crore in October, reflecting post-festive normalisation, though spends rose nearly 12% YoY from ₹1.71 lakh crore a year ago. 

Published on 26-Dec-2025 09:02

Government bans new mining in Aravalli region

As per media sources, the government has directed state government to impose a complete ban on granting new mining leases across the Aravalli region to preserve the mountain range as a continuous geological ridge and to curb unregulated mining. 

Published on 26-Dec-2025 09:01

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Play Store App Store
market app
✕
Application status