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Slowing orders, cost overruns to crimp Blue Star's margins

Air conditioning major Blue Star expects its margins will decline 3-5% over the next few quarters due to the continued challenges in its electro mechanical projects and packaged air conditioning business.

August 02, 2011 / 04:58 PM IST
 
 
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Nachiket Kelkar
Moneycontrol.com


Air conditioning major Blue Star expects margins to decline 3-5% over the next few quarters on continued challenges in its electro mechanical projects and packaged air conditioning business.

"The overall investment climate has significantly deteriorated in 6-9 months

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