NSE:BLUESTARCO   BLUE STAR
The operating profit (excluding other income & finance income) for the quarter was ₹90.6 crore as
compared to ₹81.6 crore in Q3 FY21. Impact of increase in commodity prices, raw materials and ocean
freight, led to a lower EBITDA margin in Q3 FY22.
Other income (including finance income) for Q3 FY22 was ₹13.4 crore as compared to ₹8.1 crore in
Q3 FY21, due to subsidy received for one of the company’s manufacturing plants.Finance cost for the quarter decreased to ₹11.6 crore from ₹14.9 crore in Q3 FY21 due to reduction
in gross borrowings and lower cost of funds.
Earnings per share (EPS) was ₹4.94 v/s ₹3.82 in Q3 FY21.
The carried forward order book as on 31st December, 2021, grew by 4.5% to ₹3,301.3 crore compared
to ₹3,157.9 crore as on 31st December, 2020.
The net borrowing increased to ₹165.1 crore as against ₹131 crore as on 31st December, 2020, on
account of planned advancement in inventory levels to meet the demand for the upcoming season
and investments in the expansion projects at Sri City and Wada.

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