BlueStone Q2 FY27 Revenue Up 45% to Rs 745 Cr, Losses Narrow 92%
Jewellery retailer BlueStone reported 45% year-on-year growth in revenue from operations in Q2 FY27, while narrowing its net loss by 91.6%.
Revenue from operations rose to Rs 745 crore in Q2 FY27 from Rs 514 crore in Q2 FY26, according to unaudited consolidated financial statements sourced from the NSE. Net loss fell to Rs 4.37 crore from Rs 52 crore a year earlier.
The company had posted a profit of around Rs 6 crore in Q1 FY27. For the first half of FY27, BlueStone reported a net profit of Rs 1.59 crore, compared to a net loss of Rs 86.85 crore in H1 FY26. Half-year revenue from operations reached Rs 1,482 crore, up 47.3% from Rs 1,006 crore in the corresponding period last year.
What BlueStone does
BlueStone is a Bengaluru-based jewellery retailer. Income from the sale of jewellery remained the company’s primary source of revenue.
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Total expenditure increased 34% to Rs 772 crore in Q2 FY27 from Rs 576 crore in Q2 FY26. The cost of materials was the largest cost centre at Rs 470 crore, up 51.4% year-on-year.
In September 2026, BlueStone appointed CarDekho Group CEO and co-founder Amit Jain as a Non-Executive Independent Director.
At the end of the trading session, BlueStone shares closed at Rs 760.45 apiece, and the company had a market capitalisation of Rs 11,305 crore.
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