BlueStone Jewellery Q2 net loss narrows to Rs 3.23 crore
Mumbai, Oct. 23 -- Revenue increased 1.11% quarter on quarter from Rs 736.85 crore.
Consolidated adjusted net loss narrowed to Rs 3.23 crore from Rs 51.75 crore a year earlier. However, the company swung to a loss from an adjusted net profit of Rs 6.96 crore in Q1 FY27.
Pre-tax loss stood at Rs 4.37 crore, compared with a profit of Rs 5.96 crore in Q1 FY27, but narrowed from a loss of Rs 52.1 crore in Q2 FY26.
Total expenditure rose 36.41% year on year to Rs 714.01 crore. Raw material consumption increased 33.65% to Rs 588.02 crore, while employee expenses declined 2.09% to Rs 70.58 crore. Interest expenses rose 11.37% to Rs 58.38 crore, and depreciation increased 24.07% to Rs 63.87 crore.
Customer base crosses one million
BlueStone'...
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