Blue Star Q2 loss at Rs 5.79 crore

Air-conditioner maker Blue Star today reported a standalone loss of Rs 5.79 crore for the second quarter ended September 30, 2015 on account of exceptional loss.
It had posted a net profit of Rs 9.05 crore in the same period last year, Blue Star informed BSE.
The company's total income on standalone basis increased 11.58 per cent to Rs 716.66 crore during the July-September quarter against Rs 642.24 crore a year ago.
During the quarter, Blue Star had an exceptional loss of Rs 15.80 crore on account of voluntary retirement scheme. It was Rs 9.51 crore in same quarter last fiscal.

Blue Star's standalone net profit for the first half of 2015-16 was also down 16.99 percent to Rs 33.25 as against Rs 40.06 crore a year ago.
Its total income during the first half of the current fiscal was at Rs 1,625.24 crore, up 9.82 per cent, from Rs 1,479.85 crore a year ago.
Shares of Blue Star today settled at Rs 360.15 per scrip on BSE, up 1.82 per cent from previous close.