BLUESTARCONSEBlue Star Limited· AirconditionersHighNeutral
Announced Wed, 6 Aug · 15:22 IST

Blue Star Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.

Ebitda Margin CompressionResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Blue Star Limited reported consolidated revenue from operations of ₹2,982.25 crore for Q1 FY26, up about 4% from ₹2,865.37 crore in Q1 FY25. However, profit after tax fell sharply to ₹120.82 crore from ₹168.76 crore, a drop of roughly 28%. Consolidated EPS came in at ₹5.88 versus ₹8.88 last year. On a standalone basis, revenue rose about 5% to ₹2,846.63 crore, but PAT declined nearly 26% to ₹108.56 crore. Segment-wise, the electro-mechanical projects and commercial AC segment posted strong revenue growth, while the unitary products segment saw revenue and profits decline sharply. Operating margin compressed to 6.71% from 8.30% a year ago, reflecting weaker profitability despite top-line growth. Auditor Deloitte Haskins & Sells LLP issued an unmodified limited review report on both standalone and consolidated results.

Likely market impact

Despite decent revenue growth, the steep fall in profits and margin compression may weigh on near-term investor sentiment. Shareholders should watch for improvement in the unitary products segment and overall margin recovery in upcoming quarters.