Mumbai, Aug 6 : Blue Star Limited on Thursday reported a 15.3 per cent year-on-year (YoY) decline in net profit for the June quarter (Q1 FY27), as margin pressure and lower operating profitability offset healthy growth in revenue.

The cooling products and refrigeration major posted profit of Rs 102.5 crore for the quarter despite reporting a one-time gain.

In the corresponding quarter of the previous financial year (Q1 FY26), the firm reported a profit of Rs 121 crore, according to its stock exchange filing.

The air-conditioning and commercial refrigeration company registered strong revenue growth during the quarter, with revenue rising 13.3 per cent year-on-year to Rs 3,378 crore from Rs 2,982 crore.

However, operating performance weakened during the period. Earnings before interest, taxes, depreciation and amortisation (EBITDA) declined 12.3 per cent to Rs 175 crore from Rs 200 crore a year earlier.

EBITDA margin contracted to 5.2 per cent from 6.7 per cent in the year-ago quarter, as per its regulatory filing.

The company said the quarter's earnings included a one-time gain of Rs 9.2 crore, as per its filing.

Meanwhile, tax expenses declined to Rs 32.1 crore from Rs 42.4 crore in the corresponding quarter last financial year.

Following the announcements, the shares of the company were trading at Rs 1,565.40, down by 5.98 per cent or Rs 99.60.

Founded in 1943, Blue Star is among India's leading air-conditioning and commercial refrigeration companies.

The company manufactures and markets a broad range of cooling solutions, including room air conditioners, commercial air-conditioning systems, refrigeration products and cold-chain equipment.

Apart from its product business, Blue Star also undertakes mechanical, electrical and plumbing (MEP) as well as electro-mechanical projects across commercial, industrial and infrastructure sectors.

With manufacturing facilities located across India and operations spanning multiple international markets, the company caters to residential, commercial and institutional customers through a diversified portfolio of cooling and engineering solutions.

/IANS