BlueStone Q1 FY27 Revenue Jumps 48.8% YoY to ₹7,332 Mn

BlueStone Jewellery and Lifestyle Ltd reported a strong start to FY27 with Q1 revenue surging 48.8% year-on-year to ₹7,332 million. This growth was driven by a 39% same-store sales growth (SSSG) and an expanding consumer base, which grew 21% YoY. Pre-IndAS EBITDA saw a significant increase of 134.6% YoY to ₹548 million, with EBITDA margins expanding by 273 basis points to 7.5%. The company added 12 new stores, expanding its presence to 352 stores across 139 cities, with a focus on Tier 2 and Tier 3 markets. Repeat consumers now account for 59.7% of revenue, highlighting customer loyalty and cost efficiencies. Advertising and promotion spend remained stable at 6.9% of sales.