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Results · 22 October 2026BlueStoneOmnichannel jewellery retailerbluestone.com ↗

BlueStone revenue FY27: ₹745.03 Cr, net loss ₹4.37 Cr

BlueStone posts small Q2 loss, plans ₹300 Cr debt

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BlueStone revenue

BlueStone reported revenue of ₹745.03 Cr in FY27, with a net loss of ₹4.37 Cr. Reported 22 October 2026.

Revenue (FY27)₹745.03 Cr
Net loss (FY27)₹4.37 Cr
ResultsQ2 FY27Commerce & Consumer BrandsBengaluruFounded 2011
  • BlueStone is a Bengaluru jewellery retailer selling online and through its own stores across India
  • September-quarter revenue rose 45% from a year earlier to ₹745 crore, while a net loss of ₹4.4 crore remained
  • The loss is about 92% smaller than last year, and the board approved raising up to ₹300 crore through debt

What happened

  • Q2 FY27 revenue reached ₹745.03 crore, up 45%.
  • Consolidated net loss was ₹4.37 crore.
  • Last year's loss in the same quarter was ₹52.10 crore.
  • Board cleared a debt raise of up to ₹300 crore.
  • First-half profit stood at ₹1.59 crore.

Why it matters

  • Standalone numbers show a small profit before tax of ₹1.75 crore.
  • The subsidiary pulls the consolidated figure into a loss.
  • Debt has climbed.

The business

  • BlueStone sells fine jewellery online and in stores.
  • It was founded in Bengaluru in 2011.

The founders

GS

Gaurav Singh Kushwaha

Founder
in

In numbers

₹745.03 CrRevenue from operations · Q2 FY27
₹4.37 CrNet loss · Q2 FY27

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