Blue Star Limited announced that the board of directors at its meeting held on May 13, 2013, has made the following appointments: Mr. B. Thiagarajan has been appointed as Whole time Director of the company effective from May 13, 2013. The appointment will be subject to the approval of the shareholders at the company's forthcoming Annual General Meeting to be held on July 22, 2013. Mr. M. K. Sharma has been appointed as an Additional Director of the company effective from May 13, 2013.

Blue Star Limited announced audited standalone earnings results for the fourth quarter and full year ended March 31, 2013 and audited consolidated earnings results for the full year ended March 31, 2013. For the quarter, on standalone basis, the company reported net sales of INR 8,508.9 million against INR 8,043.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 110.5 million against loss from operations before other income, finance costs and exceptional items of INR 456.2 million a year ago. Profit before tax was INR 194.1 million against loss before tax of INR 446.7 million a year ago. Net profit for the period was INR 185.5 million against net loss for the period of INR 453.7 million a year ago. Basic and diluted earnings per share were INR 2.06 against basic and diluted loss of INR 5.04 a year ago. For the full year, on standalone basis, the company reported net sales of INR 27,405.5 million against INR 26,693.5 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 661.4 million against loss from operations before other income, finance costs and exceptional items of INR 419.5 million a year ago. Profit before tax was INR 525.9 million against loss before tax of INR 884.5 million a year ago. Net profit for the period was INR 517.3 million against net loss for the period of INR 891.5 million a year ago. Basic and diluted earnings per share were INR 5.75 against basic and diluted loss of INR 9.91 a year ago. For the full year, on consolidated basis, the company reported net sales of INR 28,969.6 million against INR 278,885 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 570.3 million against loss from operations before other income, finance costs and exceptional items of INR 539.4 million a year ago. Profit before tax was INR 406.8 million against loss before tax of INR 1,034.3 million a year ago. Net profit for the period was INR 390.7 million against net loss for the period of INR 1,051.0 million a year ago. Basic and diluted earnings per share were INR 4.34 against basic and diluted loss of INR 11.66 a year ago.

Blue Star Limited announced that its directors recommended a dividend of INR 2.00 per equity share for the fiscal year 2013 (previous year INR 1.00 per equity share). In addition, a special dividend of INR 1.00 per equity share has been recommended to commemorate the birth centenary of the founder Chairman of the company, Mr. Mohan T Advani.