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Informist, Wednesday, May 6, 2026

 

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--Blue Star Jan-Mar consol net profit INR 2.27 bln 
--Analysts saw Blue Star Jan-Mar consol net profit at INR 1.92 bln 
--Blue Star Jan-Mar consol revenue INR 40.72 bln 
--Analysts saw Blue Star Jan-Mar consol revenue at INR 43.42 bln 
--Blue Star Jan-Mar consol PAT INR 2.27 bln vs INR 1.94 bln year ago 
--Blue Star Jan-Mar consol revenue INR 40.72 bln vs INR 40.19 bln yr ago 
--Blue Star to pay INR 8.5 per share final dividend 
--Blue Star final dividend record date Jul 17 
--Blue Star FY26 consol PAT INR 5.28 bln vs INR 5.91 bln year ago
--Blue Star FY26 consol revenue INR 124.02 bln vs INR 119.68 bln yr ago 
--Blue Star Jan-Mar consol operating margin 8.01% vs 6.95% year ago 
--Blue Star Q4 consol unitary pdts revenue INR 19.85 bln vs INR 19.60 bln 
--Blue Star Q4 consol operating profit INR 3.26 bln, up 16.8% on year 
--Blue Star carried forward order book INR 69.23 bln on Mar 31, up 10.5% on yr 
--Blue Star: Cautiously optimistic on FY27 growth outlook 
--Blue Star:Onset of summer from mid-Apr led to rise in air conditioner sales 
--Blue Star: Co's electro-mechanical projects segment to sustain growth 
--Blue Star: Co's commercial air conditioning  segment to sustain growth 
--Blue Star: Demand from mfg, data centre sectors to aid growth 
--Blue Star: Rising input, commodity costs pose challenges for managing margins 
--Blue Star:West Asia war may lead to supply chain disruptions, dampen growth 
 

 

By Prateem Rohanekar

 

MUMBAI – Blue Star Ltd. reported its fastest year-on-year growth in net profit in four quarters in the March quarter, aided by muted growth in expenses. The consumer durable company's revenues and expenses rose at their slowest pace in 21 quarters during Jan-Mar, although top-line growth outpaced increase in costs marginally.

Blue Star reported a consolidated net profit of INR 2.27 billion for the March quarter, up over 17% on year. Analysts had expected the net profit for the quarter at INR 1.92 billion. The company reported revenue of INR 40.72 billion for the quarter under review, up 1.3% on year. Analysts had estimated the company's revenue for the quarter higher at INR 43.42 billion.

 

The company reported total expenses of INR 38.17 billion for the March quarter, up just 0.6% on year. Its cost of materials consumed, which accounts for more than two-thirds of total expenses, fell nearly 5% on year to INR 24.79 billion.  

 

Blue Star reported an operating margin of 8.01% for the March quarter, 106 basis points up on year. The company's consolidated revenue from unitary products for the March quarter was INR 19.85 billion, slightly above INR 19.60 billion in the year-ago quarter. The company's operating profit for the March quarter was INR 3.26 billion, up 17% on year. The company's carried-forward order book was INR 69.23 billion as on Mar. 31, up nearly 11% on year. 

 

The company's electromechanical projects and commercial air-conditioning segments are expected to sustain their growth trajectory, supported by demand from the manufacturing and data centre sectors, according to the company's press release. 

"... the ongoing Middle East crisis may lead to supply chain disruptions and could dampen growth. Overall, we remain cautiously optimistic about the outlook for FY27 (2026-27)," Blue Star's Chairman and Managing Director Vir S. Advani was quoted in the press release as saying. Blue Star will pay INR 8.50 per share as final dividend and has fixed Jul. 17 as the record date.

 

Blue Star's consolidated net profit in 2025-26 (Apr-Mar) was INR 5.28 billion, down nearly 11% from INR 5.91 billion a year ago. The company's revenue for the year was INR 124.02 billion, up nearly 4% on year.  

 

Wednesday, shares of Blue Star closed 0.2% higher at INR 1,806.60 on the National Stock Exchange. The company announced the quarterly results after market hours. End

 

Edited by Saji George Titus

 

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