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Wednesday, February 15, 2012

Blue Star eyes Rs.150 crore revenue from AC segment
10 Feb 2010, 10-1 Hrs

Kolkata, Feb 10 Blue Star is eyeing Rs.150 crore revenue from its room airconditioning business in the last quarter of the current fiscal to post an annual growth of 15 percent, a senior official said here Wednesday.

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Kolkata, Feb 10 (IANS) Blue Star is eyeing Rs.150 crore revenue from its room airconditioning business in the last quarter of the current fiscal to post an annual growth of 15 percent, a senior official said here Wednesday.

'We are expecting around 15 percent revenue growth in room AC business this year. Till December (2009-10), the revenue was Rs.200 crore. But we expect to mop up another Rs.150 crore in the fourth quarter,' company's Product Group Vice President P.V. Rao said at a press meet.

The company earned a revenue of Rs.310 crore from this segment in the last financial year. It has 10 percent market share in room AC segment.