Blue Star's Q3 FY 2025-26 Quarterly Results
- 30 Jan 2026
Result Summary
- Blue Star Ltd reported a 20.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.3%.
- Its expenses for the quarter were up by 20.6% QoQ and 4.7% YoY.
- The net profit decreased 18.5% QoQ and decreased 39.2% YoY.
- The earnings per share (EPS) of Blue Star Ltd stood at 3.92 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 2937.19 | 2432.38 | 2816.09 | 20.8% | 4.3% |
Total Expenses | 2772.53 | 2299.22 | 2648.89 | 20.6% | 4.7% |
Profit Before Tax | 108.31 | 133.16 | 179.71 | -18.7% | -39.7% |
Tax | 27.07 | 33.39 | 46.53 | -18.9% | -41.8% |
Profit After Tax | 80.55 | 98.78 | 132.46 | -18.5% | -39.2% |
Earnings Per Share | 3.92 | 4.80 | 6.44 | -18.3% | -39.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Blue Star Ltd is a prominent player in the air conditioning and commercial refrigeration industry in India. The company offers a comprehensive range of products and services, including room air conditioners, packaged air conditioners, chillers, cold rooms, and refrigeration products. Blue Star also provides after-sales services, which contribute significantly to its business operations. The company operates in both the residential and commercial sectors, catering to a diverse clientele. As of the latest data I have up until October 2023, it is clear that Blue Star has been a significant player in its industry, although recent specific developments are not available in the provided data.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Blue Star Ltd reported a total income of ₹2937.19 crores. This represents a quarter-over-quarter increase of 20.8% compared to ₹2432.38 crores in the second quarter of the fiscal year 2026 (Q2FY26). Additionally, there was a year-over-year growth of 4.3% relative to the total income of ₹2816.09 crores in Q3FY25. These figures highlight a positive trajectory in revenue for the company over the past year and quarter.
Profitability
Profitability metrics for Blue Star Ltd in Q3FY26 present a mixed picture. The company reported a profit before tax of ₹108.31 crores, which is a decrease of 18.7% from the previous quarter's ₹133.16 crores and a significant drop of 39.7% compared to ₹179.71 crores in Q3FY25. The tax expense for Q3FY26 was ₹27.07 crores, down by 18.9% from Q2FY26 and 41.8% from Q3FY25. Consequently, the profit after tax stood at ₹80.55 crores, reflecting a decline of 18.5% QoQ and 39.2% YoY. Earnings per share for this quarter were ₹3.92, falling from ₹4.80 in the previous quarter and ₹6.44 in Q3FY25.
Operating Metrics
Operating expenses for Blue Star Ltd in Q3FY26 were ₹2772.53 crores, marking a 20.6% increase from ₹2299.22 crores in Q2FY26 and a 4.7% rise from ₹2648.89 crores in Q3FY25. Despite the increase in expenses, the growth in total income suggests that the company has been able to manage its operational costs in alignment with revenue growth, although profitability margins have seen a decline. The data indicates that while the company has been successful in increasing its revenue stream, it faced challenges in maintaining its profit margins amidst rising expenses over the quarter and year.