Blue Star and Godrej Properties Q2 Results: Market Update on November 6, 2025

Market Performance Today

The Indian stock market saw selective sectoral movements today, with Blue Star shares taking the spotlight after its Q2 results. Blue Star declined over 6 percent to trade at ₹1,796 apiece, reflecting concerns over seasonal demand. Meanwhile, Godrej Properties shares slipped nearly 5 percent to ₹2,186.60 on BSE and NSE, following the release of its quarterly numbers.

Blue Star Q2 FY26 Results

Blue Star reported its Q2 FY26 numbers for the July-September period with modest growth in profit and revenue.

• Net Profit: ₹99 crore, up 3% YoY from ₹96.19 crore in Q2 FY25
• Revenue from Operations: ₹2,422 crore, up 6% YoY from ₹2,276 crore

Room AC Segment Faces Slowdown

The room air conditioner segment continued to experience muted demand due to prolonged monsoon rains and cooler-than-usual temperatures. These conditions impacted secondary sales and delayed channel offtake.

• GST rate cuts effective from September deferred certain purchases in the room and commercial AC segments.
• Commercial Refrigeration and Commercial AC segments saw mixed demand, with orders slowing but expected to revive as seasonal conditions normalize.

Blue Star expressed optimism for Q3 FY26, noting that GST rate rationalization should positively influence Room AC demand, while cautioning that unseasonal rains remain a concern.

Blue Star Share Price Trend

• Dropped more than 6% today to ₹1,796
• Fell nearly 9% over the past five days
• Down over 4% in the past month
• However, gained more than 7% in the last six months

Godrej Properties Q2 FY26 Results

Godrej Properties also released its Q2 results for July-September FY26, showing strong profit growth but lower revenue.

• Net Profit: ₹405 crore, up 21% YoY from ₹335 crore
• Revenue from Operations: ₹740 crore, down 32% YoY
• Booking Value: ₹8,505 crore, up 64% YoY

Half-Year Performance

For H1 FY26, Godrej Properties’ booking value reached ₹15,587 crore, indicating steady progress toward its FY26 target of ₹32,500 crore.

Godrej Properties Share Price Movement

• Fell nearly 5% to ₹2,186.60
• Down around 5% in the past five days
• Gained over 8% in the past month
• Down nearly 20% so far in 2025

Summary

Blue Star and Godrej Properties posted contrasting results this quarter:

• Blue Star: Moderate revenue and profit growth but seasonal weakness in AC demand.
• Godrej Properties: Robust net profit and booking growth despite a decline in revenue.

Both companies’ stock movements today reflect market sensitivity to operational nuances and sector-specific trends.