BlueStone Zooms 20% After Reporting Third Consecutive Profitable Quarter
India, July 21 -- Shares of omnichannel jewellery major BlueStone rallied as much as 20% to touch an intraday high of Rs.729 on the BSE today following the company's financial disclosures for Q1 FY27.
As of 14:15 IST, shares of the company were trading 18.4% higher at Rs.722. The company's market capitalisation stood at Rs.10,972 Cr (about $1.1 Bn).
The Accel-backed D2C company reported a net profit of Rs.6 Cr in the first quarter of FY27, as against a net loss of Rs.34.7 Cr in the year-ago period. However, its PAT declined 80% on a sequential basis from Rs.31.2 Cr in Q4 FY26.
Meanwhile, operating revenue grew 50% YoY and 8% QoQ to Rs.736.8 Cr.
BlueStone said that its standalone adjusted PAT for the quarter stood at Rs.14 Cr compared ...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.