Bluestone Jewellery Q3 Profit Soars to ₹69 Crore on Strong Sales, Margins Up

• Bluestone Jewellery and Lifestyle Limited reported a net profit of ₹69 crore in Q3, a significant turnaround from a ₹27.2 crore loss last year.
• Revenue increased by 27.5% year-on-year to ₹748.6 crore, driven by higher sales and improved customer engagement.
• EBITDA surged to ₹166.7 crore from ₹50.2 crore, with EBITDA margin expanding sharply to 22.3% from 8.5%.
• The company's strong performance is attributed to strategic initiatives like product innovation, targeted marketing, and retail expansion.
• Investors reacted positively, with shares closing up 11.56% on the NSE following the Q3 results announcement.

Why It Matters: Bluestone Jewellery achieved a remarkable Q3 profit of ₹69 crore due to robust sales and improved margins.