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Blue Star's Q1FY26 revenue rose 4.1% to Rs 2,982.25 Cr, but net profit dropped 28.4% to Rs 120.82 Cr, mainly from unseasonal rains impacting Room AC sales. Strong growth in Electro-Mechanical Projects and Commercial AC drove a 12.5% order book increase to Rs 6,843.04 Cr. Commercial Refrigeration also saw robust performance. While Med Tech faced headwinds, Industrial Solutions grew. The company expects demand to rebound during the festive season, with B2B segments offsetting initial Q1 slowdown.