Blue Star Q3 net at Rs 14.50 crore

Air conditioner maker Blue Star today reported a consolidated net profit of Rs 14.50 crore for the third quarter ended December 31, 2016.
The company had posted a net profit of Rs 9 crore in the October-December period a year ago, Blue Star said in a BSE filing.
Its total income was Rs 926.47 crore during the period under review. It was Rs 795.01 crore in the corresponding quarter of the previous fiscal.
Meanwhile, Blue Star said pursuant to amalgamation of Blue Star Infotech and Blue Star Infotech Business Intelligence & Analytics with the company "Q3FY17 performance is not directly comparable with the previous year's number".

Shares of Blue Star today settled at Rs 512 per scrip on BSE, up 1.29 per cent from the previous close.