Blue Star Q1 results: Net loss at Rs. 20 crores

Blue Star Q1 results: Net loss at Rs. 20 crores

Blue Star Q1 results: Net loss at Rs. 20 crores

New Delhi: To begin with, the air conditioner maker, Blue Star Limited posted its Q1 results on Thursday. So then, the consolidated net loss of the company stood at Rs. 19.66 crores for the June 2020 quarter. Earlier, in the year-ago period, the net profit of the firm stood at Rs. 76.84 crores in the same quarter. 

On the other hand, the revenue from operations stood at Rs. 626.02 crores during the period under review. Comparatively, in the previous year, it stood at Rs. 1,575.45 crores. Also, the total expenses of the firm stood at Rs. 664.10 crores. 

Besides, the shares of the company traded at Rs. 506.45 on the Bombay Stock Exchange. 

August 7th Stock Market Details:

On August 7th, both the Sensex and the Nifty traded at a bearish trend in the stock market. The Sensex lost 61.87 points and reached 37,968.65 levels with a 0.12% loss. On the other side, the Nifty lost 10.60 points and reached 11,192.75 levels with a 0.066% loss.

In the border market, the S&P BSE Midcap index gained 124.94 points with a 0.89% profit and reached 14,142.02 levels. Also, the S&P BSE Smallcap index gained 122.39 points with a 0.90% profit and reached a 13,685.76 level.

Besides, as of August 9th, the number of confirmed COVID-19 cases across India has reached 21,53,010. Also, the number of deaths in the country has reached 43,379.

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