Success in my Habit

Tuesday, August 3, 2010

Blue Star expects Rs 22-bn orders in FY11

MUMBAI: Refrigeration and cooling systems manufacturer Blue Star Ltd hopes to book orders worth Rs 22 billion this fiscal, a top official said.
The orders will be under its electromechanical projects business, Vir Advani, executive director, told Reuters in an interview on Tuesday.

"About 600 crores (6 billion) rupees of order inflow this year will be from relatively new markets under the electromechanical projects business." "The core business under electromechanical projects, which is commercial buildings, will continue to be by far the largest. That somewhere in terms of inflow will be around 1,600 crores (16 billion) rupees," he added.

The company operates under three business segments - electromechanical, which includes projects and equipments; cooling products; and professional electronics and industrial systems. The firm orderbook at June-end stood at 19 billion rupees.

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