Blue Star Ltd's net profit for the third quarter of fiscal year 2012-2013 rose 116% to Rs 5.37 crore compared to the same period the previous fiscal year. While net sales increased 1.54% to Rs 5988 crore, net profit growth was driven by an improvement in net profit margin to 0.90% from -5.56% the previous year. The company's stock price on the BSE closed at Rs 167.00, down 0.74% from the previous close.