Despite this, the Mumbai-based company (one of the top three room AC makers) lost 50 basis points in market share. A delayed and shorter summer season curbed sales and pricing power.
While the management has its hopes pinned to the upcoming festive season, it doesn’t expect the margin squeeze to ease anytime soon.
Blue Star’s financial health found support from rising demand for cooling solutions from data centres mushrooming across the country. The company has projected that business from data centres will contribute 20% of sales by March 2029.
More than 1.5 million shares (three times the last 10-day average) changed hands on Friday, taking the cumulative wealth erosion to nearly ₹1,000 crore on the fourth straight day of decline.
These are how the different segments of Blue Star performed in the latest first quarter ended June 2026
|
Segment |
Q1FY27 |
Q1FY26 |
YoY |
|
EMPS |
₹1,625 cr |
₹1,412 cr |
15% |
|
PBIT |
₹110 cr |
₹112 cr |
|
|
PBIT % |
6.8% |
7.9% |
|
|
UCP |
₹1,689 cr |
₹1,499 cr |
13% |
|
PBIT |
₹49 cr |
₹87.5 cr |
|
|
PBIT % |
3% |
5.8% |
|
|
Professional electronics |
₹64 cr |
₹70.4 cr |
-9% |
|
PBIT |
₹9.6 cr |
₹7.6 cr |
|
|
PBIT % |
15% |
10.8% |
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