BlueStone Jewellery Turnaround: Posts Q1 FY27 Net Profit of ₹5.96 Crore as Revenue Grows 49.6% YoY

BlueStone Jewellery and Lifestyle Limited has published its consolidated unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27). Driven by strong top-line expansion, the company staged a complete financial turnaround, swinging from a net loss in the corresponding quarter of the previous fiscal to a positive bottom line.

Key Financial Highlights (Q1 FY27 vs Q1 FY26)

Revenue from Operations: Surged 49.56% year-on-year (YoY) to ₹7,368.46 million compared to ₹4,926.78 million recorded in Q1 FY26. On a sequential basis, operational revenue grew 8.13% from ₹6,814.72 million in Q4 FY26.

Total Income: Advanced 48.95% YoY to ₹7,518.12 million against ₹5,047.40 million in Q1 FY26, supported by other income of ₹149.66 million.

Profit Before Tax (PBT): Turned around sharply to ₹59.61 million, bouncing back from a loss before tax of ₹347.45 million in Q1 FY26 (though down sequentially from ₹311.81 million in Q4 FY26).

Net Profit After Tax (PAT): Stood at ₹59.61 million, marking a complete recovery compared to a net loss of ₹347.45 million in Q1 FY26.

Total Comprehensive Income: Registered at ₹59.55 million for the quarter, compared to a total comprehensive loss of ₹349.47 million in Q1 FY26 and total comprehensive income of ₹308.39 million in Q4 FY26.

Earnings Per Share (EPS): Basic EPS stood at ₹0.46 and diluted EPS at ₹0.44 (face value of ₹1 per share, un-annualised), compared to a negative EPS of ₹9.86 in Q1 FY26 and ₹2.05 in Q4 FY26.

Detailed Expense Breakdown

Total consolidated expenses for Q1 FY27 grew 38.33% YoY to ₹7,448.21 million compared to ₹5,384.50 million in Q1 FY26, trailing total income growth and aiding operating profitability:

Cost of Raw Materials Consumed: Rose to ₹7,120.01 million compared to ₹4,175.74 million in Q1 FY26 and ₹7,196.99 million in Q4 FY26.

Purchase of Stock-in-Trade: Stood at ₹47.58 million against ₹36.50 million in Q1 FY26.

Change in Inventories: Recorded a negative inventory movement of ₹(2,803.47) million during the quarter compared to ₹(1,308.11) million in Q1 FY26.

Employee Benefits Expense: Advanced 20.61% YoY to ₹758.86 million from ₹629.21 million in Q1 FY26.

Finance Costs: Stood at ₹553.65 million compared to ₹528.68 million in Q1 FY26 and ₹525.34 million in Q4 FY26.

Depreciation and Amortization Expense: Rose to ₹604.46 million compared to ₹486.84 million in Q1 FY26.

Other Expenses: Increased 39.67% YoY to ₹1,167.12 million against ₹835.64 million in Q1 FY26.

Profitability & Equity Attributability

Share of Loss from Investment: Share of loss of investment accounted for using the equity method stood at ₹10.30 million compared to ₹10.35 million in Q1 FY26.

Holding Company Profit Share: Profit attributable to owners of the holding company stood at ₹69.60 million for Q1 FY27, compared to a loss of ₹345.20 million in Q1 FY26. Non-controlling interest accounted for a loss share of ₹9.99 million.

Paid-Up Share Capital: Paid-up equity share capital (face value ₹1 per share) stood at ₹152.40 million as of June 30, 2026, compared to ₹35.23 million in Q1 FY26.

Other Equity: Reserves stood at ₹17,854.70 million as per the audited full-year balance sheet for the fiscal year ended March 31, 2026.

Source : Equity Bulls

Keywords

BlueStoneJewellery Q1FY27 Q1FY2027 ResultUpdate