Blue Star Limited — Others, 11-07-2025: Shareholders meeting
Blue Star Limited has announced a board meeting on August 6, 2025, to consider the financial results for the quarter and half-year, declare a final dividend of ₹9 per equity share (face value ₹2), and transact other business including the re-appointment of Mr. Dinesh Vaswani as Director and Mr. Vir S Advani as Chairman & Managing Director for five years from April 1, 2026. The company reported strong FY25 consolidated revenue growth of 23.6% to ₹11,967.65 Cr and profit after tax of ₹591.28 Cr, driven by robust demand across segments and a record order book of ₹6,263 Cr. Investments in manufacturing, R&D, and digitalization continue to support growth and operational excellence. The company maintains a healthy balance sheet with net cash of ₹640 Cr and improved operating margins at 7.3%. The international business is expanding with new OEM shipments in the US and Europe. Blue Star’s ESG initiatives include a commitment to Net Zero by 2035, extensive CSR activities focused on skill development and community welfare, and leadership in sustainable manufacturing practices. The company also implemented the Blue Star Employees Stock Option Scheme 2024, granting 80,660 options to employees. Robust risk management and governance frameworks are in place, with no material audit qualifications or regulatory penalties reported.
