Omnichannel jewellery retailer Bluestone turns profitable as Q3 revenue hits Rs 748 crore

Bluestone posted an operating revenue of Rs 748.6 crore in Q3, up 27.5% year-on-year (YoY) from Rs 587 crore from the year prior. The company’s expenses rose marginally by 9% to Rs 688.9 crore in the December quarter from Rs 629.8 crore a year ago. However, the company’s revenues rose faster, by 27.5%, leading to its first-ever profit.