BlueStone posts third profitable quarter as Q1 revenue rises 50%
BlueStone reported Q1 FY27 net profit of ₹6 crore against a ₹34.7 crore loss a year earlier, with operating revenue up 50% to ₹736.8 crore. The jewellery retailer added 12 stores, taking its network to 352 across 139 cities, and is targeting 706 stores by FY30.
BlueStone returned to profit in Q1 FY27 as revenue rose 50% and same-store sales grew 39%. The jewellery retailer added 12 stores, entered five smaller cities, and plans to double its network to 706 stores by FY30, targeting ₹12,000 Cr revenue.
Why this matters
BlueStone's profit return builds on recent signals of roughly 49% Q1 revenue growth driven by same-store sales and smaller-city expansion, while another update flagged an 80.8% sequential profit decline.
Retail-company signals are accelerating, up 953800% QoQ.
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