BlueStone swings to ₹6 crore Q1 profit as income rises 49%
BlueStone Jewellery and Lifestyle reported Q1 consolidated net profit of ₹5.96 crore, against a ₹34.74 crore loss a year earlier. Total income rose 49% to ₹751.81 crore, while its network reached 352 stores across 139 cities, including five new Tier-2 and Tier-3 markets.
BlueStone turned profitable in Q1, posting ₹5.96 crore net profit as income rose 49% to ₹751.81 crore despite higher gold duty. The Bengaluru-based jeweller expanded to 352 stores across 139 cities, adding five Tier-2 and Tier-3 locations.
Why this matters
No related recent BlueStone signals were provided, limiting comparison with earlier company updates. The Q1 turnaround combines higher income with expansion into additional Tier-2 and Tier-3 markets.
Retail-company signals are accelerating, up 948100% QoQ.