BlueStone Reports 49% Revenue Growth in Q4FY26, Achieves First Full Year of Profitability

BlueStone Jewellery and Lifestyle Limited has reported a strong financial performance for the fourth quarter of FY26, marking a significant milestone in its growth journey. The company recorded a 49% year-on-year (YoY) increase in standalone revenue, reaching ₹688 crore for the quarter.

One of the key highlights of the quarter was a robust Same Store Sales Growth (SSSG) of 34% YoY, indicating strong demand across existing stores. The company also saw a sharp rise in profitability, with its standalone adjusted EBITDA growing by 243.1% YoY to ₹147 crore.

In a major turnaround, BlueStone reported a profit after tax (PAT) of ₹36 crore in Q4FY26, compared to a loss of ₹49 crore in the same period last year. FY26 also became a landmark year for the company as it achieved its first full year of positive PAT, reflecting improved operational efficiency and business strength.

The company continued to expand its offline presence during the year, adding 65 new stores in FY26. This has taken its total store count to 340 across 134 cities in India, further strengthening its omnichannel retail strategy.

Commenting on the results, Gaurav Singh Kushwaha said the company has reached an important inflection point in its profitability journey. He highlighted that the strong growth momentum, including 49% YoY revenue growth in the quarter and 38% for the full financial year, reflects rising consumer demand and a shift toward omnichannel shopping experiences.

He also pointed out that the company’s adjusted EBITDA for FY26 grew by 277.3% YoY, supported by improved operating leverage. Additionally, BlueStone generated a standalone cash profit of ₹82 crore during the quarter.

Founded in 2011 as a digital-first brand, BlueStone has grown into one of India’s leading omnichannel jewellery retailers. The company offers a wide range of products, including diamond, gold, platinum, and studded jewellery, through its website, mobile app, and physical stores.

With a strong focus on design-led products and a seamless online-to-offline customer experience, BlueStone is now entering FY27 with solid growth momentum and plans to further expand its customer base and market presence.

-By Shivani Solanki

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Indian Startup Times

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