Blue Star Q3fy26: Net Profit Drops 39% To ₹80.55 Cr; Revenue Rises 4%
Air-conditioner and refrigerator maker Blue Star Ltd on Thursday said its consolidated profit declined 39.2 per cent year-on-year to Rs 80.55 crore in the December quarter of FY26, citing a flat growth in the room AC business. The company posted a net profit of Rs 132.46 crore in the October-December quarter a year ago, according to a regulatory filing. The board of the home-grown cooling product maker has approved the re-appointment of B Thiagarajan as Managing Director from April 1, 2026 to May 24, 2027. Revenue from operations increased by 4.2 per cent to Rs 2,925.31 crore in the December quarter of FY26. It was at Rs 2,807.36 crore in the year-ago period. "In Q3FY26, the company delivered moderate revenue growth despite market challenges. The room AC business recorded modest growth, primarily driven by channel partners building inventory ahead of the mandatory energy-label transition effective January 1, 2026," Blue Star said in its earnings statement. Total expenses were at R
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