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Blue Star Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by (26.83) % in YoY and increased by 48.48 % in QoQ

May 2, 2024May 2, 2024| adminadmin| 0 Comments| 6:45 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 26.83 % in the past year, substantial increase in net sales/revenue by 48.48 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 60.86 %. Marginal decrease of -0.23% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Blue Star Ltd. Profit dropped by -29.11 % Year to Year, Blue Star Ltd’s profitability increased by 58.98 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -66.78 % Year to Year. EPS increased by 58.9 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Blue Star Ltd”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2623.83 Cr Rs. 2241.19 Cr Rs. 3327.77 Cr + 48.48 % + 26.83 %
Expenses Rs. 2444.66 Cr Rs. 2085.84 Cr Rs. 3085.87 Cr + 47.94 % + 26.23 %
Operating Profit Rs. 179.17 Cr Rs. 155.35 Cr Rs. 241.9 Cr + 55.71 % + 35.01 %
OPM % 6.83 % 6.93 % 7.27 % + 0.34 % + 0.44 %
Other Income Rs. 7.92 Cr Rs. 12.77 Cr Rs. 12.74 Cr -0.23 % + 60.86 %
Interest Rs. 18.07 Cr Rs. 10.24 Cr Rs. 12.19 Cr + 19.04 % -32.54 %
Depreciation Rs. 22.72 Cr Rs. 23.49 Cr Rs. 28.32 Cr + 20.56 % + 24.65 %
Profit before tax Rs. 146.3 Cr Rs. 134.39 Cr Rs. 214.13 Cr + 59.33 % + 46.36 %
Tax % 29.07 % 25.27 % 25.46 % + 0.19 % -3.61 %
Net Profit Rs. 225.29 Cr Rs. 100.46 Cr Rs. 159.71 Cr + 58.98 % -29.11 %
EPS in Rs Rs. 23.39 Rs. 4.89 Rs. 7.77 + 58.9 % -66.78 %


Today, we’re looking at Blue Star Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 26.83 %. However, it did see a marginal increase of 48.48 % from the previous quarter. Expenses ticked up slightly by 47.94 % quarter-on-quarter, aligning with the annual rise of 26.23 %. Operating profit, while up 35.01 % compared to last year, faced a quarter-on-quarter increase of 55.71 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.44 %, but an expansion of 0.34 % sequentially. Other income fell by -0.23 % compared to the last quarter, despite an annual growth of 60.86 %. Interest expenses surged remarkably by 19.04 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.54 %. Depreciation costs climbed by 20.56 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.65 %. Profit before tax grew annually by 46.36 % but saw an increase from the preceding quarter by 59.33 %.
Tax expenses as a percentage of profits decreased slightly by -3.61 % compared to last year, with a more notable quarter-on-quarter increase of 0.19 %. Net profit fell by -29.11 % year-on-year but experienced a 58.98 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -66.78 % but a quarterly rise of 58.9 %. In summary, Blue Star Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2623.83 Cr Rs. 2241.19 Cr Rs. 3327.77 Cr + 48.48 % + 26.83 %
Expenses Rs. 2444.66 Cr Rs. 2085.84 Cr Rs. 3085.87 Cr + 47.94 % + 26.23 %
Operating Profit Rs. 179.17 Cr Rs. 155.35 Cr Rs. 241.9 Cr + 55.71 % + 35.01 %
Net Profit Rs. 225.29 Cr Rs. 100.46 Cr Rs. 159.71 Cr + 58.98 % -29.11 %
EPS in Rs Rs. 23.39 Rs. 4.89 Rs. 7.77 + 58.9 % -66.78 %


In reviewing Blue Star Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.83 % year-on-year growth, however, there was a minor increase of 48.48 % from the previous quarter. Expenses rose by 26.23 % compared to the previous year, with a 47.94 % increase quarter-on-quarter. Operating Profit surged by 35.01 % annually, and saw a 55.71 % increase from the last quarter.
Net Profit showed yearly decrease of -29.11 %, and experienced a 58.98 % increase from the previous quarter. Earnings Per Share (EPS) fell by -66.78 % annually, however rose by 58.9 % compared to the last quarter. In essence, while Blue Star Ltd exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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