Blue Star quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	2,931	2,422	+21.0%
EBITDA	203	183	+10.4%
EBITDA margin	6.9%	7.6%	−0.7 pts
Profit before tax	157	133	+17.6%
Net profit	124	98.8	+25.4%
EPS	₹6.03	₹4.80	+25.6%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	2,931	3,378	4,072	2,925	2,422	2,982	4,019	2,807	2,276	2,865	3,328	2,241	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	15.8	20.8	24.0	11.9	10.0	16.1	24.0	8.7	18.5	23.8	12.4	12.7
	2,947	3,399	4,096	2,937	2,432	2,998	4,043	2,816	2,294	2,889	3,340	2,254
	2,068	2,141	2,479	2,119	1,735	2,078	2,602	2,083	1,633	1,626	2,102	1,410
	127	493	293	426	164	352	452	274	231	454	315	399
	21.8	11.9	425	−288	−95.7	−146	35.0	−235	−190	109	122	−109
	252	249	235	223	227	232	267	234	220	198	230	185
	16.9	13.5	23.1	22.1	16.9	10.1	18.8	15.9	6.5	7.6	12.2	10.2
	67.9	56.6	48.2	45.9	43.4	41.4	35.4	35.0	30.0	28.0	28.3	23.5
	260	307	313	224	209	266	383	241	233	241	318	201
	2,813	3,273	3,817	2,773	2,299	2,834	3,794	2,649	2,163	2,663	3,126	2,120
	203	175	326	221	183	200	279	209	149	238	242	155
	135	118	278	175	140	159	244	174	119	210	214	132
Profit
	134	126	279	165	133	165	249	167	131	226	214	134
	23.0	9.2	17.5	−56.4	0.0	0.0	0.0	12.5	0.0	0.0	0.0	0.0
	157	135	296	108	133	165	249	180	131	226	214	134
	32.8	29.0	48.3	30.9	33.4	45.2	56.1	42.8	36.2	53.8	48.8	27.2
	0.6	3.1	24.6	−3.8	−0.0	−2.8	−1.2	3.7	−1.2	3.5	5.6	6.7
	33.4	32.1	72.9	27.1	33.4	42.4	54.8	46.5	35.0	57.3	54.4	33.9
	0.7	−0.2	3.7	−0.7	−1.0	−1.4	−0.4	−0.7	−0.3	0.1	0.4	0.1
	124	103	227	80.6	98.8	121	194	132	96.1	169	160	100
	123	103	224	81.2	99.8	122	194	133	96.4	169	159	100
	1.5	−1.7	5.7	2.2	6.6	1.8	2.3	−0.7	2.6	−0.6	−1.0	0.3
	125	101	233	82.8	105	123	196	132	98.7	168	159	101
	124	103	227	80.7	99.0	121	194	133	96.2	169	—	100
	−0.0	0.0	0.1	−0.1	−0.2	−0.1	0.4	−0.1	−0.1	−0.1	—	0.1
Per share
	₹6.03	₹4.99	₹11.05	₹3.92	₹4.80	₹5.88	₹9.44	₹6.44	₹4.67	₹8.21	₹7.77	₹4.89
	₹6.03	₹4.99	₹11.05	₹3.92	₹4.80	₹5.88	₹9.44	₹6.44	₹4.67	₹8.21	₹7.77	₹4.89
Other comprehensive income — detail
	1.5	−1.7	5.7	2.2	6.6	1.8	2.3	—	—	—	—	—
	−2.2	−1.0	−2.4	0.5	0.4	−0.6	1.8	−1.7	−2.0	−0.3	−0.9	−0.7
	−0.6	−0.3	−0.6	0.1	0.1	−0.1	0.5	—	—	—	—	—
	—	—	—	—	—	—	—	−0.4	−0.5	−0.1	−0.2	−0.2
	—	−1.0	7.5	1.8	6.2	2.2	0.9	0.5	4.1	−0.4	—	0.8
	−3.1	0.0	0.0	0.0	0.0	0.0	0.0	—	—	—	—	—
	—	—	—	—	—	—	—	0.0	0.0	0.0	0.3	0.0
	125	101	233	82.8	105	123	196	132	98.8	168	160	101
	−0.0	0.0	0.3	−0.1	−0.2	−0.1	0.4	−0.1	−0.1	−0.1	−0.8	0.1
Per share — as-filed variants
	₹6.03	₹4.99	₹11.05	₹3.92	₹4.80	₹5.88	₹9.44	₹6.44	₹4.67	₹8.21	₹7.77	₹4.89
	₹6.03	₹4.99	₹11.05	₹3.92	₹4.80	₹5.88	₹9.44	₹6.44	₹4.67	₹8.21	₹7.77	₹4.89
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	715	732	875	668	619	698	929	685	602	677	789	542
	24.4%	21.7%	21.5%	22.8%	25.6%	23.4%	23.1%	24.4%	26.5%	23.6%	23.7%	24.2%
Adjusted (ex-exceptional items) — derived
	134	126	279	165	133	165	249	167	131	226	214	134
	23.0	9.2	17.5	−56.4	0.0	0.0	0.0	12.5	0.0	0.0	0.0	0.0
	106	95.5	214	123	98.8	121	194	123	96.1	169	160	100
	₹5.15	₹4.65	₹10.41	₹5.98	₹4.80	₹5.88	₹9.44	₹5.99	₹4.67	₹8.21	₹7.77	₹4.89

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

BLUESTARCO₹1,673.00

Blue Star Ltd.

· Consumer Goods

Annual Quarterly₹ CrorePeersVOLTAS HAVELLS AMBER KALYANKJIL LGEINDIA DIXON TITAN ASIANPAINTMcap ₹34,397 Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	2,241.2	3,327.8	2,865.4	2,276.0	2,807.4	4,019.0	2,982.3	2,422.4	2,925.3	4,072.1	3,377.9	2,931.0
Other Income	12.7	12.4	23.8	18.5	8.7	24.0	16.1	10.0	11.9	24.0	20.8	15.8
Total Income	2,253.9	3,340.2	2,889.1	2,294.5	2,816.1	4,043.0	2,998.3	2,432.4	2,937.2	4,096.0	3,398.7	2,946.7
Expenses
+ Cost of Materials Consumed	1,409.8	2,101.6	1,625.7	1,632.7	2,083.1	2,602.3	2,077.8	1,735.2	2,118.9	2,479.0	2,141.3	2,068.1
+ Purchases of Stock-in-Trade	398.9	315.2	453.9	231.2	274.5	452.3	352.4	163.5	426.2	293.2	493.0	126.5
+ Changes in Inventories	-109.3	121.8	109.1	-190.2	-235.2	35.0	-146.0	-95.7	-287.8	425.3	11.9	21.8
+ Employee Benefit Expense	185.3	229.7	197.8	220.0	234.2	266.9	232.4	227.2	223.4	235.2	249.4	251.7
+ Finance Costs	10.2	12.2	7.6	6.5	15.9	18.8	10.1	16.9	22.1	23.1	13.5	16.9
+ Depreciation & Amortisation	23.5	28.3	28.0	30.0	35.0	35.4	41.4	43.4	45.9	48.2	56.6	67.9
+ Other Expenses	201.1	317.6	241.1	232.9	241.5	383.0	265.7	208.7	223.8	313.1	307.4	260.3
Total Expenses	2,119.6	3,126.4	2,663.2	2,163.1	2,648.9	3,793.7	2,833.7	2,299.2	2,772.5	3,817.1	3,273.1	2,813.1
EBITDA	155.4	241.9	237.8	149.3	209.4	279.4	200.0	183.4	220.7	326.3	175.0	202.6
EBIT	131.9	213.6	209.8	119.4	174.4	244.0	158.6	140.1	174.9	278.0	118.3	134.7
Profit
PBT before Exceptional Items	134.3	213.8	225.9	131.4	167.2	249.2	164.6	133.2	164.7	278.9	125.6	133.6
+ Exceptional Items	0.0	0.0	0.0	0.0	12.5	0.0	0.0	0.0	-56.4	17.5	9.2	23.0
Pretax Income	134.3	213.8	225.9	131.4	179.7	249.2	164.6	133.2	108.3	296.4	134.8	156.6
+ Current Tax	27.2	48.8	53.8	36.2	42.8	56.1	45.2	33.4	30.9	48.3	29.0	32.8
+ Deferred Tax	6.7	5.6	3.5	-1.2	3.7	-1.2	-2.8	-0.0	-3.8	24.6	3.1	0.6
Tax Expense	33.9	54.4	57.3	35.0	46.5	54.8	42.4	33.4	27.1	72.9	32.1	33.4
+ Share of Associates & JVs	0.1	0.4	0.1	-0.3	-0.7	-0.4	-1.4	-1.0	-0.7	3.7	-0.2	0.7
Net Income	100.5	159.7	168.8	96.1	132.5	194.0	120.8	98.8	80.6	227.2	102.5	123.9
+ Net Income — Continuing Ops	100.4	159.4	168.7	96.4	133.2	194.4	122.2	99.8	81.2	223.5	102.7	123.2
+ Other Comprehensive Income	0.3	-1.0	-0.6	2.6	-0.7	2.3	1.8	6.6	2.2	5.7	-1.7	1.5
Total Comprehensive Income	100.7	158.7	168.1	98.7	131.8	196.3	122.6	105.3	82.8	232.9	100.8	125.4
Net Income to Common	100.4	—	168.8	96.2	132.6	193.6	121.0	99.0	80.7	227.1	102.5	123.9
Minority Interest	0.1	—	-0.1	-0.1	-0.1	0.4	-0.1	-0.2	-0.1	0.1	0.0	-0.0
Per Share
Basic EPS	4.89	7.77	8.21	4.67	6.44	9.44	5.88	4.80	3.92	11.05	4.99	6.03
Diluted EPS	4.89	7.77	8.21	4.67	6.44	9.44	5.88	4.80	3.92	11.05	4.99	6.03
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	2.3	1.8	6.6	2.2	5.7	-1.7	1.5
+ Items NOT to be Reclassified to P&L	-0.7	-0.9	-0.3	-2.0	-1.7	1.8	-0.6	0.4	0.5	-2.4	-1.0	-2.2
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	0.5	-0.1	0.1	0.1	-0.6	-0.3	-0.6
+ Tax on Items NOT to be Reclassified — alt tag	-0.2	-0.2	-0.1	-0.5	-0.4	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	0.8	—	-0.4	4.1	0.5	0.9	2.2	6.2	1.8	7.5	-1.0	—
+ Tax on Items to be Reclassified	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	-3.1
+ Tax on Items to be Reclassified — alt tag	0.0	0.3	0.0	0.0	0.0	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	100.6	159.5	168.2	98.8	131.8	195.9	122.7	105.5	82.8	232.6	100.8	125.4
Comprehensive Income — Non-controlling Interests	0.1	-0.8	-0.1	-0.1	-0.1	0.4	-0.1	-0.2	-0.1	0.3	0.0	-0.0
Per Share — as-filed variants
Basic EPS — Continuing Operations	4.89	7.77	8.21	4.67	6.44	9.44	5.88	4.80	3.92	11.05	4.99	6.03
Diluted EPS — Continuing Operations	4.89	7.77	8.21	4.67	6.44	9.44	5.88	4.80	3.92	11.05	4.99	6.03
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	541.7	789.2	676.8	602.2	685.0	929.3	698.1	619.4	667.9	874.6	731.8	714.6
Gross Margin %	24.17	23.72	23.62	26.46	24.40	23.12	23.41	25.57	22.83	21.48	21.66	24.38
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	134.3	213.8	225.9	131.4	167.2	249.2	164.6	133.2	164.7	278.9	125.6	133.6
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	12.5	0.0	0.0	0.0	-56.4	17.5	9.2	23.0
Net Income Adj (tax-effected)	100.5	159.7	168.8	96.1	123.2	194.0	120.8	98.8	122.8	214.0	95.5	105.8
EPS Adj	4.89	7.77	8.21	4.67	5.99	9.44	5.88	4.80	5.98	10.41	4.65	5.15
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Filed Debt Equity	0.00	0.00	0.00	0.00	0.00	0.07	0.07	0.27	0.27	0.18	0.00	0.14
Filed Dscr	0.00	32.00	112.00	58.00	18.00	27.12	74.83	15.63	12.41	19.23	29.23	31.40
Filed Iscr	23.00	32.00	112.00	58.00	18.00	27.12	74.83	15.63	12.41	19.33	29.23	31.40
Paid Up Equity Capital	41.1	41.1	41.1	41.1	41.1	41.1	41.1	41.1	41.1	41.1	41.1	41.1

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Blue Star Q2 FY27 results (July–September 2026)

Filed with NSE on Thursday, 29 October 2026 at 4:16 pm IST

Blue Star (NSE: BLUESTARCO) reported its Q2 FY27 results (July–September 2026) on Thursday, 29 October 2026 at 4:16 pm IST. Consolidated net profit was ₹124 crore, up 25.2% from ₹99 crore in Q2 FY26 and up 20.9% from ₹103 crore in Q1 FY27. Revenue from operations was ₹2,931 crore, up 21.0% year on year and down 13.2% from the previous quarter.

Q2 FY26 results (a year earlier): 5 November 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹124 Cr+25.2% vs Q2 FY26+20.9% vs Q1 FY27
Revenue from operations: ₹2,931 Cr+21.0% vs Q2 FY26−13.2% vs Q1 FY27
Operating margin (EBIT): 4.6%−1.2 pts vs Q2 FY26+1.1 pts vs Q1 FY27EBIT ₹135 Cr
EBITDA: ₹203 Cr+10.4% vs Q2 FY26+15.8% vs Q1 FY27margin 6.9%
Earnings per share (basic): ₹6.03+25.6% vs Q2 FY26+20.8% vs Q1 FY27
Net profit margin: 4.2%+0.1 pts vs Q2 FY26+1.2 pts vs Q1 FY27

Questions

What was Blue Star's net profit in Q2 FY27?

Consolidated net profit was ₹124 crore, up 25.2% from ₹99 crore in Q2 FY26 and up 20.9% from ₹103 crore in Q1 FY27.

What was Blue Star's revenue in Q2 FY27?

Revenue from operations was ₹2,931 crore, up 21.0% year on year and down 13.2% from the previous quarter.

What was Blue Star's EPS in Q2 FY27?

Basic earnings per share were ₹6.03, against ₹4.80 in Q2 FY26.

How were Blue Star's Q2 FY27 results?

Both grew from a year earlier: net profit was up 25.2% at ₹124 crore and revenue was up 21.0% at ₹2,931 crore. The operating margin was 4.6%, down 1.2 percentage points from 5.8% a year earlier. Against Q1 FY27, net profit was up 20.9% and revenue down 13.2%.

What was Blue Star's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹135 crore, a margin of 4.6%, against 3.5% in Q1 FY27 and 5.8% in Q2 FY26. EBITDA was ₹203 crore, 6.9% of revenue.

What was Blue Star's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹226 crore, up 2.9% from ₹220 crore in the same months a year earlier. Revenue from operations was ₹6,309 crore, up 16.7%.

What is Blue Star's net profit margin?

Blue Star's net profit margin was 4.2% in Q2 FY27 (net profit as a share of revenue from operations), against 4.1% in Q2 FY26 (up 0.1 percentage points). For FY26 as a whole it was 4.3%.

What was Blue Star's net profit in FY26?

Consolidated net profit was ₹528 crore in FY26 (April 2025–March 2026), down 10.8% from ₹591 crore in FY25. It was ₹415 crore in FY24 and ₹400 crore in FY23: up 31.8% over three years, 9.6% a year on average.

What was Blue Star's revenue in FY26?

Revenue from operations was ₹12,402 crore in FY26 (April 2025–March 2026), up 3.6% from ₹11,968 crore in FY25. It was ₹9,685 crore in FY24 and ₹7,977 crore in FY23: up 55.5% over three years, 15.8% a year on average.

How has Blue Star's profit changed over the last four quarters?

Net profit by quarter: ₹80.7 crore in Q3 FY26, ₹227 crore in Q4 FY26, ₹103 crore in Q1 FY27 and ₹124 crore in Q2 FY27. That is ₹534 crore over the four quarters, down 2.2% from ₹546 crore in the four quarters before. Revenue from operations: ₹2,925 crore, ₹4,072 crore, ₹3,378 crore and ₹2,931 crore.

When did Blue Star announce its Q2 FY27 results?

On Thursday, 29 October 2026 at 4:16 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 5 November 2025.

When will Blue Star announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Blue Star figures come from?

From Blue Star's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 29 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.