Home / General / India’s Blue Star posts bigger-than-expected fall in quarterly profit on one-off labour charge

India’s Blue Star posts bigger-than-expected fall in quarterly profit on one-off labour charge

Indian air conditioner maker Blue Star reported a bigger-than-expected 39% fall in third-quarter profit on Thursday due to a one-time charge relating to India’s labour code revamp and weakness in its unitary products business.

Jan 29 (Reuters) – Indian air conditioner maker Blue Star (BLUS.NS), opens new tab reported a bigger-than-expected 39% fall in third-quarter profit on Thursday due to a one-time charge relating to India’s labour code revamp and weakness in its unitar… [1710 chars]

Source: Reuters | Published: 2026-01-29T11:09:08Z

Credit: Reuters

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *