Blue Star Q3 FY26 results (Oct–Dec 2025) and concall

Consumer Durables · Concall AI · Call held 30 Jan 2026

Company page: Blue Star share price, financials & guidance record

Blue Star reported a subdued Q3 FY26 with modest revenue growth and a decline in net profit due to an exceptional item related to Gratuity and Leave Encashment. Despite challenging market conditions, the Room Air-Conditioner business showed signs of revival, and cost control measures helped maintain margins. The company is optimistic about a strong Q4 FY26, driven by seasonal demand and new energy label norms.

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What they filed

Q3 FY26: revenue up 3.5%, net profit down 54.6% against the same quarter last year.

₹ Cr · quarterly

Line item	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26
Revenue	2,682	3,805	2,847	2,295	2,775 +3%
Expenses	2,516	3,567	2,672	2,158	2,610
EBITDA	166	237	175	137	165 −1%
Margin	6%	6%	6%	6%	6%
Other income	6	19	16	10	-45
Interest	17	20	11	17	23
Depreciation	26	26	32	35	37
Profit before tax	129	210	147	94	60 −53%
Tax rate	25%	25%	26%	26%	27%
Net profit	97	157	109	70	44 −55%
EPS	4.71	7.65	5.28	3.40	2.13

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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