BlueStone Jewellery jumps as festive demand drives 45% YoY business growth in Q3 FY27 (QTD)

BlueStone Jewellery and Lifestyle rallied 3.91% to Rs 742 after the company reported 45% year-on-year (YoY) increase in business during the period from 1 October to 8 November 2026 (Q3 FY27 quarter-to-date), supported by strong festive-season demand.

The company said its growth momentum remained strong during the period, which included key festive occasions such as Dhanteras and Diwali. The growth was primarily driven by higher buyer transactions, while average realisations remained unchanged compared with the corresponding period last year.

BlueStone noted that consumer preference for jewellery as part of everyday wardrobes continued to gain traction. The company also witnessed improved demand for products across entry-level price points during the festive season.

Commenting on the performance, Founder and CEO Gaurav Singh Kushwaha said, ?We continued to build on our strong growth momentum, with robust festive season performance reflecting sustained consumer demand and the strength of our business model. Our business grew by 45% over the corresponding period last year. It?s exciting to see that growth was fundamentally buyer transaction led. More consumers are choosing BlueStone this festive season, reflecting the strength of our design-led proposition and our ability to offer differentiated jewellery across a wide range of price points.?

The company clarified that the Q3 FY27 quarter-to-date business figures are provisional, unaudited and subject to audit review.

Founded in 2011 as a digital-first, direct-to-consumer brand, BlueStone sells diamond, gold, platinum and studded jewellery through its website, mobile app and retail stores. Its portfolio includes rings, earrings, necklaces, bangles and solitaires. The company also operates manufacturing facilities to support its product range and expansion.

The company reported a 45.05% year-on-year rise in consolidated net sales to Rs 745.03 crore in Q2 FY27. Revenue increased 1.11% quarter on quarter from Rs 736.85 crore.

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