Blue Star in focus after company posts weak Q1 results
Blue Star's Q1 FY26 was hit by unseasonal rains, impacting AC sales. Revenue rose 4% YoY to ₹2,982 cr, but net profit fell 28% to ₹121 cr. The Unitary Products segment dropped 13.3%, though Commercial ACs performed well. FY26 revenue growth guidance was cut to 10%, and EBITDA margin lowered to 8.5%.