Archive · 21 Jul 2026
BlueStone Reports Strong Q1FY27 Growth
BlueStone Jewellery and Lifestyle, a company that sells jewelry and lifestyle products both online and in stores, had a really good first quarter of their financial year 2027.
They made a lot more money compared to the same time last year, with their revenue going up by almost 49%.
They also made a profit of Rs 14 crore, which is great because last year they had a loss.
They opened new stores in smaller cities and their existing stores also sold more.
However, there is a concern because the government increased the tax on jewelry, which might make people buy less in the future.
Overall, the company is doing well but needs to watch out for how this tax change affects their sales.
BlueStone reported a 48.8% year-on-year rise in revenue to Rs 733 crore for Q1FY27.
Adjusted profit after tax was Rs 14 crore, up from a loss of Rs 21 crore in the previous year.
Ebitda rose 134.6% to Rs 55 crore, with a margin expansion of 273 basis points.
Same-store sales growth stood at 39%, and the company added 12 new stores.
The recent customs duty increase to 15% may impact consumer demand in the coming quarters.
- Who
- BlueStone Jewellery and Lifestyle
- What
- Reported a 48.8% year-on-year rise in revenue for Q1FY27
- When
- Quarter ended June
- Where
- Bengaluru-based company
- Why
- Strong market performance and strategic expansions
Positive Outlook
Potential Challenges
Revenue Growth
Positive Outlook
BlueStone reported a 48.8% year-on-year rise in revenue, indicating strong market performance.
Potential Challenges
The recent customs duty increase may negatively impact consumer demand in the coming quarters.
Profitability
Positive Outlook
The company achieved an adjusted profit after tax of Rs 14 crore, a significant improvement from the previous year's loss.
Potential Challenges
The full impact of the customs duty hike on profitability is yet to be seen.
- Revenue
- Rs 733 crore
- Adjusted PAT
- Rs 14 crore
- Ebitda
- Rs 55 crore
- Same-Store Sales Growth
- 39%
- Number of Stores
- 352
- Customs Duty Increase
- 15%
- Stock Price Change
- Up 2.48%