Blue Star Q2 FY27 Revenue Up 21% To ₹2,931 Cr

Blue Star Limited reported a strong revenue growth of 21.0% to ₹2,930.95 crore in Q2 FY27, driven by robust demand for Room ACs due to an extended summer. However, margins were pressured across businesses due to material cost escalations that could not be fully passed on. EBITDA improved to ₹202.58 crore, though the margin slightly decreased to 6.9% from 7.6% in Q2 FY26. Net profit saw a significant increase of 25.4% to ₹123.91 crore. The order book grew marginally to ₹7,229.22 crore. Segment I (Electro-Mechanical Projects & Commercial Air Conditioning) revenue grew 16.3%, while Segment II (Unitary Products) revenue increased by 29.4%. Segment III (Professional Electronics and Industrial Systems) showed substantial revenue growth of 51.2%. The company is implementing cost optimization and product portfolio adjustments to improve margins.