Blue Star MD Flags Iran War Chill: Fuel Costs, Weak Rupee Threaten Summer Sales
MMoneycontrol•24-03-2026, 12:47
Blue Star MD Flags Iran War Chill: Fuel Costs, Weak Rupee Threaten Summer Sales
- •Blue Star MD B Thiagarajan expresses concern over the Iran war's impact on AC demand, not just production.
- •Anticipated 25% growth for summer sales now uncertain due to potential decline in purchasing power and inflation.
- •Company implementing a 13% price hike (8% for material costs, 5% for new energy labels), adding to consumer burden.
- •Secondary transportation costs and material issues (polystyrene, steel) expected to increase financial strain.
- •Gas supply disruptions, even for a week, could severely impact production, similar to demonetisation's shock.