Blue Star Ltd Reports Modest Growth in Q2FY26 Amidst Challenges

Blue Star Ltd reported a 6.4% growth in revenue from operations in Q2FY26, reaching 22,422.37 cr. The EBIDTA improved to 2183.41 cr, and the net profit grew 2.8% to 798.78 cr. The carried-forward order book grew by 7.9% to 27,120.44 cr. The Electro-Mechanical Projects & Commercial Air Conditioning Systems segment revenue grew 16.5% to 21,664.21 cr, while the Unitary Products segment revenue de-grew 9.5% to 693.81 cr. The Professional Electronics and Industrial Systems segment revenue de-grew 20.1% to 64.35 cr. The company is optimistic about the Room AC business demand in Q3 FY26, expecting demand revival in Commercial Air Conditioning and Commercial Refrigeration businesses.