BlueStone Jewellery & Lifestyle

BlueStone Jewellery and Lifestyle Limited has published the audio recording of its Q1 FY 2025-26 earnings conference call on its company website. The recording is accessible through the company's investor relations section and via a direct link. The company is listed on both NSE (symbol: BLUESTONE) and BSE (scrip code: 544484). The filing was signed by Managing Director Gaurav Singh Kushwaha and dated September 06, 2025.

Bluestone is pursuing sustained expansion through omni-channel scale-up and technology-led design differentiation. The company has outlined plans for double-digit same-store growth, margin improvement, and pan-India store additions. Bluestone aims to capture growth in an industry with projected compound annual growth rate of 18-21%.

Bluestone Jewellery and Lifestyle Limited reported standalone revenues of INR 4,926 million for the quarter ended June 30, 2025, representing 41.4% year-on-year growth despite elevated gold prices. The company's customer base expanded 34.4% year-on-year to 816,000 customers. Same-store sales growth reached 18.4% year-on-year, while the company added 17 new stores during the quarter, bringing total store count to 292 across 122 cities. Adjusted EBITDA surged 630% year-on-year to INR 830 million with margins improving to 16.8% from 3.3% in the same quarter last year. Even excluding inventory gains of INR 228 million, Adjusted EBITDA was INR 602 million with 12.2% margins. The company reported contribution margins of 31.8%, up 131 basis points year-on-year, driven by manufacturing efficiencies from new facilities. Repeat revenue share increased to 50.7% from 43.2% in the prior year quarter. The company maintained its omni-channel strategy while focusing on operational leverage in advertising and corporate costs. Management indicated Q2 trends are ahead of May-June exit rates from Q1, supported by an earlier festive season timing.