Blue Star Q3 Profit Plunges 39% to Rs 80.55 Cr Despite Revenue Rise
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News18•29-01-2026, 17:15
Blue Star Q3 Profit Plunges 39% to Rs 80.55 Cr Despite Revenue Rise
- •Blue Star's consolidated profit for Q3 FY26 dropped by 39.2% year-on-year to Rs 80.55 crore.
- •The decline is primarily attributed to flat growth in the room AC business during the quarter.
- •Revenue from operations increased by 4.2% to Rs 2,925.31 crore, up from Rs 2,807.36 crore a year ago.
- •The electro-mechanical projects and commercial air-conditioning segment saw an 8.56% revenue growth.
- •B Thiagarajan re-appointed as MD; company anticipates strong Q4 FY26 and robust growth in FY27.
Why It Matters: Blue Star's Q3 profit fell significantly due to flat room AC sales, despite overall revenue growth.
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