BlueStone hits 20% upper circuit after reporting third consecutive profitable quarter

BlueStone Jewellery and Lifestyle shares hit 20% upper circuit at Rs 732.45 after reporting third consecutive profitable quarter in Q1 FY27.

Operating revenue rose 49% year-on-year to Rs 737 crore in Q1 FY27, with a profit of Rs 6 crore versus a loss of Rs 35 crore in Q1 FY26.

EBITDA nearly doubled to Rs 110 crore, and EBITDA margin expanded to 15%.

The company added 12 stores in Q1 FY27, expanding its network to 352 stores across 139 cities.

BlueStone is India's second-largest digital-first omnichannel jewellery brand, servicing over 12,660 PIN codes.