We expect to grow at over 20% between Jan to June despite slower sales in April: Vir S Advani, Blue Star
Blue Star expects to grow at over 20% between January to June despite slower sales in April and potential issues in the north for May. The company had a record year in FY22 with income of over INR 8,000 crore and improved EBIT margins across its segments. The company also managed to improve gross margins through total cost management initiatives, despite volatile commodity prices. Blue Star is diversifying its portfolio of projects, bidding on infrastructure projects in addition to commercial buildings.