BlueStone scales to 340 stores across 140 cities as Q4 revenue jumps 48% to Rs 681.5 crore
Founder Gaurav Singh Kushwaha's omnichannel jewellery play has compounded at 47% over three years, with Q4 revenue rising 48% YoY to Rs 681.5 crore and net profit of Rs 32 crore. The 2011-launched brand now spans 340+ stores in 140 cities, blending tech-led design with physical retail.
What happened
BlueStone · Profile of Bluestone founder Gaurav Singh Kushwaha tracing the omnichannel jewellery retailer's journey from 2011 launch to 340+ stores across 140
Key facts
- 340 stores
- 140 cities
- Rs 681.5 crore Q4 revenue
- 48% YoY growth
- Rs 32 crore net profit
- 47% 3-year CAGR
- 350 launch designs
Why this matters
BlueStone's tech-led design plus physical retail blueprint makes it both a category consolidator and a strategic target for legacy jewellers seeking digital-native distribution and younger-cohort affinity.