Bengaluru, Oct. 23 -- BlueStone Jewellery and Lifestyle Ltd is reworking its entry-level jewellery offerings and testing new retail formats as rising gold prices reshape customer demand. The strategy comes as the retailer's September-quarter (Q2FY27) revenue rose 43.9% year-on-year, even as same-store sales growth moderated from the preceding quarter. Its shares fell about 11% on the BSE on Friday.

The company's consolidated revenue came in at Rs.745 crore, matching Bloomberg's estimate. Its consolidated net loss stood at Rs.4.37 crore, wider than the estimated loss of Rs.3.23 crore, though narrowing significantly from a net loss of Rs.52.10 crore in the corresponding period of the previous fiscal year. Meanwhile, operational efficiency ...