Archive · 21 Jul 2026
BlueStone Reports Third Profitable Quarter, Shares Surge 20%
BlueStone, a company that sells jewelry both online and in stores, just announced its third quarter in a row of making a profit.
This is really good news, and it made their stock price go up by 20%.
They made ₹6 crore in profit, which is a lot more than they did last year.
They also opened 12 new stores and plan to open many more because they see a lot of growth potential, especially in smaller cities.
Even though their profit was less than the previous quarter, they are still doing really well and expect to keep growing.
BlueStone reported its third consecutive profitable quarter with a net profit of ₹6 Cr in Q1 FY27.
Revenue grew by 50% year-over-year and 8% quarter-over-quarter to ₹736.8 Cr.
Same-store sales grew by 39% year-over-year, indicating strong consumer demand.
The company added 12 new stores, increasing its total store count to 352 across 139 cities.
BlueStone plans to double its store count to 706 by FY30 and aims for ₹12,000 Cr in annual revenue by then.
- Who
- BlueStone, an omnichannel jewellery retailer
- What
- Reported third consecutive profitable quarter with 50% revenue growth and 39% same-store sales growth
- When
- Q1 FY27
- Where
- India
- Why
- Due to strong consumer demand and effective omnichannel model despite volatile gold prices
Optimistic Outlook
Sequential Profit Decline
Profitability and Growth
Optimistic Outlook
BlueStone's omnichannel model is driving sustained profitability and growth, with a 50% revenue increase and 39% same-store sales growth.
Sequential Profit Decline
Despite profitability, the company's profit after tax (PAT) declined by 80% sequentially from the previous quarter.
- Profit
- ₹6 Cr in Q1 FY27
- Revenue Growth
- 50% YoY
- Same-Store Sales Growth
- 39% YoY
- Store Count
- 352 stores across 139 cities
- Market Capitalization
- ₹10,972 Cr ($1.1 Bn)
- Projected Revenue for FY30
- ₹12,000 Cr
- Repeat Customers
- 60% of revenue