Bluestone targets 5x revenue jump to ₹12,000 cr by FY30, plans 237 new company stores

Bluestone is betting on everyday personal luxury jewellery to drive a 5x revenue surge to ₹12,000 crore by FY30, backed by 237 new company-owned stores and ₹1,578 crore in A&P over four years. FY26 revenue rose 38% to ₹2,441 crore with PAT of ₹26 crore vs prior loss. Analysts flag execution risk on aggressive targets.

— Filed Fri, 5 Jun, 2026, 15:05 IST · Source Mint · Updated

Bluestone targets 5x revenue growth to ₹12,000 crore by FY30, betting on everyday personal luxury jewellery demand. Plans 237 new company-owned stores, converting franchises, while rival Titan eyes doubling jewellery revenue. Analysts remain cautious on aggressive targets.

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