Omnichannel jewellery retailer Bluestone reported operating revenues of Rs 681 crore in the March quarter, up 48% from Rs 461 crore in Q4 FY25.
The company also reported a net profit of Rs 31 crore in Q4 of FY26, against a Rs 51.2 crore net loss a year ago.
For the full year ending on March 31, 2026, its revenue from operations rose 38% to Rs 2,436 crore, from Rs 1,770 crore in FY25. On an annual basis, it posted a net profit of Rs 13 crore compared to Rs 222 crore net loss in the year prior. Bluestone posted its first-ever quarterly profit of Rs 68.8 crore in Q3FY26.
In the March quarter, the company’s expenses expanded due to higher input and employee costs.
Meanwhile, Bluestone issued 1,29,573 shares worth Rs 7 crore under its employee stock option plan (Esop) on Thursday. Last week, the company had rolled out fresh Esops worth nearly Rs 11 crore comprising 2.09 lakh equity shares.
The Bengaluru-based company listed on the exchanges last August after raising Rs 1,540 crore. The company disclosed it has utilised Rs 725 crore of the Rs 750 crore set aside as working capital. Including other costs such as general corporate and issue expenses, it has totally spent about Rs 763 crore as of March 31, 2026.
On Thursday, Bluestone shares closed at Rs 547.95 after rising 1.05% on BSE.
