Blue Star experienced a robust summer AC sales season, but rising input costs significantly impacted profit margins. The company’s MD anticipates continued margin pressure, revising full-year guidance downwards. While the festive season offers a glimmer of hope for recovery, Blue Star is strategically investing in the high-growth data centre cooling sector, aiming for substantial revenue contribution by FY29.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets