BlueStone hits 20% upper circuit after reporting third consecutive profitable quarter

•BlueStone Jewellery and Lifestyle's shares hit a 20% upper circuit at Rs 732.45 on Tuesday.

•The company posted its third consecutive profitable quarter in Q1 FY27 with a 49% year-on-year increase in operating revenue to Rs 737 crore.

•BlueStone reported a profit of Rs 6 crore in Q1 FY27, compared to a loss of Rs 35 crore in Q1 FY26.

•The company's operating performance improved sharply, with reported EBITDA nearly doubling to Rs 110 crore and EBITDA margin expanding to 15%.

•BlueStone expanded its retail footprint by adding 12 stores during Q1 FY27, taking its network to 352 stores across 139 cities.