Financial Highlights The Company’s Revenue from Operations increased by 37.4% to Rs 1239.74 crores for the quarter ended September 30, 2021, on a consolidated basis, compared to Rs 902.12 crores during the same period in the previous year. The Operating Profit (PBIDTA excluding Other Income and Finance Income) for the quarter was Rs 70.70 crores compared to Rs 55.08 crores in Q2FY21. Net Profit for the quarter was Rs 31.45 crores compared to Rs 15.40 crores in Q2FY21. Other Income (including Finance Income) for Q2FY22 was Rs 8.12 crores compared to Rs 5.86 crores in Q2FY21. Finance Cost for the quarter decreased to Rs 11.18 crores from Rs 17.85 crores in Q2FY21 due to reduction in borrowings. The Tax expense for the quarter was Rs 15.99 crores compared to Rs 7.42 crores in Q2FY21. Earnings per share for Q2FY22 (Face value of Rs 2.00) was Rs 3.27 compared to Rs 1.59 in Q2FY21. Carried Forward Order Book as on September 30, 2021 grew by 5.5% to Rs 3185.91 crores compared to Rs 3019.57 crores as on September 30, 2020. Net Borrowing as on September 30, 2021, reduced to Rs 44.34 crores (debt equity ratio of 0.05) compared to Rs 344.06 crores as on September 30, 2020 (debt equity ratio of 0.44) on account of prudent working capital management and capital allocation measures. Consolidated Financial Performance for the half-year ended September 30, 2021 (H1FY22) For the half-year ended September 30, 2021, the Company reported Revenue from Operations of Rs 2291.78 crores compared to Rs 1528.14 crores over the same period in the previous year, a growth of 50.0%. Operating Profit (PBIDTA excluding Other Income and Finance Income) was Rs 112.93 crores compared to Rs 56.44 crores during the same period last year. Net Profit for the half-year ended September 30, 2021, was Rs 44.16 crores compared to Net Loss of Rs 4.20 crores in H1FY21. Vir S. Advani, Vice Chairman & Managing Director, Blue Star Limited adds, “With the revenue reaching pre-COVID level in Q2FY22, we expect the growth momentum to continue through Q3 and Q4 leading up to the next summer season. The pricing corrections will continue, depending on movement in input costs. At the same time, product cost rationalization through value engineering and alternate designs, as well as operating cost reduction will be undertaken to counter the margin pressure.” Result PDF