National News
Bluestone Turns Profitable as Q3 FY26 Revenue Rises 27.5% to Rs 748 Crore
Omnichannel jewellery retailer reports first-ever quarterly profit of Rs 68.8 crore; expenses grow slower than revenues
Omnichannel jewellery retailer Bluestone reported its first-ever profit in the third quarter of FY26, supported by strong revenue growth and operating leverage from its expanding retail network.
The company posted an operating revenue of Rs 748.6 crore in Q3 FY26, marking a 27.5% year-on-year (YoY) increase from Rs 587 crore in the same quarter last year. During the quarter, Bluestone recorded a net profit of Rs 68.8 crore, compared with a net loss of Rs 26.8 crore a year earlier.
While the company’s expenses rose by 9% to Rs 688.9 crore in the December quarter, up from Rs 629.8 crore a year ago, revenue growth outpaced cost increases, enabling the company to turn profitable for the first time.
Commenting on the performance, Bluestone chief executive Gaurav Singh Kushwaha said the company’s omni-channel model involves front-loaded costs, but as store revenues scale over time, operating leverage begins to emerge. He added that there remains significant runway for further expansion.
According to its investor presentation, Bluestone held a 28–32% market share in the omni-channel jewellery segment in FY25. During the December quarter, the company added 12 new stores, taking its total retail footprint to 323 stores across India.
Bluestone listed on Indian stock exchanges in August last year, raising Rs 1,540 crore. Of this, Rs 750 crore was earmarked for working capital requirements, with Rs 525 crore utilised as of December 31, 2025.
Following the announcement of its Q3 results, Bluestone’s shares rose 11.96% to close at Rs 474.75 on the BSE on Thursday.
National News
For Every Kind of Love: A Valentine’s Jewellery Edit by Kalyan Jewellers
Heartfelt designs that turn Valentine’s gifting into a timeless celebration of love, connection, and self-expression.
This Valentine’s Day, jewellery becomes more than a gift, it becomes an expression of emotion, connection, and personal meaning. From delicate heart-inspired motifs to contemporary designs accented with diamonds and subtle touches of colour, each piece is crafted to celebrate love in all its forms. Whether it’s a gesture of self-love, a symbol of a lifelong bond, or the start of something new, these timeless designs blend elegance with sentiment, creating keepsakes to be cherished long after Valentine’s Day has passed.
Golden Heart Pendant
Delicate yet deeply meaningful, this elegant pendant celebrates love through softly layered heart motifs finished with a subtle hint of sparkle. Designed to sit close to the heart, it makes a thoughtful Valentine’s Day gift perfect for everyday wear or as a quiet reminder of affection. A timeless piece that captures emotion in its simplest, most beautiful form.
Double Heart Ring
Soft, romantic, and effortlessly modern, this ring features two delicate heart motifs layered across sleek bands, accented with a gentle touch of sparkle. Designed to symbolise connection and togetherness, it’s perfect for everyday wear or as a meaningful Valentine’s Day gift. A subtle yet expressive piece that celebrates love in a beautifully understated way.
Forever in Bloom Bracelet
Delicate and charming, this bracelet features a graceful heart motif at the centre, framed by flowing gold lines and a soft pop of colour. Light and elegant in design, it sits beautifully on the wrist, making it perfect for everyday wear or a thoughtful Valentine’s Day gift. A subtle expression of affection, crafted to feel personal, playful, and timeless.
Bound by Love Ring
A romantic expression of connection and closeness, this heart-shaped ring features two gently intertwined outlines that symbolise love in constant motion. Accented with subtle sparkle, the design feels light, modern, and effortlessly elegant, perfect for everyday wear or as a meaningful Valentine’s gift. Whether worn as a promise, a celebration of togetherness, or a reminder of self-love, this piece captures the beauty of bonds that stay close to the heart.
Intertwined Hearts Bracelet
A graceful symbol of togetherness, this delicate bracelet features two fluid heart forms coming together in a soft, romantic embrace. Designed with gentle curves and subtle colour accents, it reflects the beauty of shared moments and intertwined journeys. Light yet expressive, the piece sits comfortably on the wrist, making it an effortless choice for everyday elegance or a heartfelt Valentine’s gift that celebrates love in its most natural, flowing form.
source : Kalyan Jewellers
For Every Kind of Love: A Valentine’s Jewellery Edit by Kalyan Jewellers
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