Blue Star Q2FY27 Revenue Up 21% to ₹2930.95 Cr

Blue Star reported a 21% increase in consolidated revenue for Q2FY27, reaching ₹2930.95 crores, driven by strong demand for Room ACs due to an extended summer. Operating Profit grew by 10.5% to ₹202.58 crores. However, profitability was impacted by rising material costs. Net Profit saw a significant jump of 25.4% to ₹123.91 crores, boosted by an exceptional gain of ₹23.02 crores from the sale of the MedTech business. The company ended the quarter with a net cash position of ₹289.43 crores, a notable improvement from net borrowings in the previous year. The order book grew marginally to ₹7229.22 crores.