Bluestone Jewellery Q4 back in black with ₹32-cr net profit, revenue jumps 48%, margins swell

Bluestone Jewellery Q4 back in black with ₹32-cr net profit, revenue jumps 48%, margins swell


Jewellery platform Bluestone Jewellery and Lifestyle Ltd on Thursday (April 23) reported a net profit of ₹32 crore in the fourth quarter, compared with a loss of ₹51 crore in the same period last year. Revenue rose 47.7% year-on-year to ₹681.4 crore from ₹461.3 crore.

EBITDA stood at ₹126 crore, up from ₹27 crore in the corresponding quarter of the previous year. EBITDA margin improved to 18.4% from 5.8% a year ago.

The company reported a milestone year with its first full year of reported profit after tax. The company posted strong same-store sales growth (SSSG) of 34% year-on-year during the quarter. During FY26, BlueStone added 65 stores, taking its total store count to 340 across 134 cities.

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BlueStone’s CEO Gaurav Singh Kushwaha said, “This year marks a significant milestone as we delivered our first full -year of reported net profit, underscoring an inflection point in the Company’s profitability journey. This comes on the back of strong growth momentum, reflected in our 49% YoY revenue growth (retail sales) for the quarter and 38% YoY for FY26. The demand environment continues to demonstrate resilience, underpinned by a structural shift toward omnichannel engagement and a growing consumer preference for design -led expression.”

He added, “Throughout this year, we have demonstrated strong operating leverage in the business, reflected in our adjusted EBITDA growth of 277.3% YoY for FY26. The quarter’s operating performance also reflects embedded leverage in the business. We generated a significant standalone cash profit of ₹82 crore for the quarter.”

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Founded in 2011, BlueStone specialises in gold, diamond, gemstone, and platinum jewellery, operating with an in-house design, manufacturing, and retail model. It delivers through both online platforms and physical stores, offering over 8,000 unique designs.

Shares of Bluestone Jewellery and Lifestyle Ltd ended at ₹551.15, up by ₹8.90, or 1.64%, on the BSE today, April 23.



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