Shares of Blue Star settled 2.16% lower at Rs767.75 apiece on the BSE. Photo: Indranil Bhoumik/MintNew Delhi: Air conditioner maker Blue Star has reported a 37.82% increase in consolidated net profit at Rs51.23 crore for the fourth quarter ended March 2018. It was Rs1,388.61 crore in the same quarter of the preceding fiscal, Blue Star said in a BSE filing. In a separate filing, Blue Star said the board of directors of the company has recommended a dividend of Rs8.50 per equity share. Shares of Blue Star settled 2.16% lower at Rs767.75 apiece on the BSE.

Source: Mint May 14, 2018 12:22 UTC