BLUE STAR International Business Expansion

Balance Sheet indicators - Q1FY21 Net Borrowing (Rs Cr) Q1FY20 429 Q1FY21 Capital Turns (times) 5.2 Q1FY20 *Net Positive Cash Balance 4.5 Debt/Equity (times) NIL Q1FY20 0.6 Q1FY21 Return on Capital Employed (%) 28% 12% Q1FY21 Q1FY20 Q1FY21 BLUE STAR 27

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