Blue Star reports 36 per cent YoY growth in PAT

Blue Star Ltd's consolidated revenue for the quarter came in at Rs 1475.88 crore, registering an increase of 6.9 per cent YoY. This was primarily driven by an increase of 6.7 per cent YoY in electro-mechanical projects and packaged airconditioning systems (49 per cent of total revenue). 

The company's EBITDA for the quarter rose by 26.1 per cent YoY to Rs 90.9 crore with a corresponding margin expansion of 94 bps. Its EBITDA margin for the quarter stood at 6.2 per cent.

The PAT for the quarter came in at Rs. 51.76 crore, an increase of 36 per cent YoY. This was due to a one-time gain of Rs 5.27 crore during the quarter. 

On a full-year basis, the revenue for FY18 rose 7.4 per cent to Rs 4750 crore. The EBITDA for the year rose 24.2 per cent YoY to Rs 276 crore with corresponding margin expansion of 80 bps to 5.8 per cent. Also, the net profit surged 21.3 per cent YoY to Rs 149 crore.