Conference Call with Blue Star Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
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