BlueStone Sees FY25 Losses Soar 56% On Offline Push

The omnichannel jewellery brand reported a revenue of INR 1,770 Cr in FY25, up 39.9% from INR 1,265.8 Cr last year

BlueStone’s total expenses rose 41.7% to INR 2,049.9 Cr in FY25 compared to INR 144.5 Cr in FY24

The company’s net loss for the period surged 56% to INR 221.8 Cr in FY25 from INR 142.2 Cr a year ago

Jewellery startup Bluestone recorded a 56% surge in its net loss to INR 221.8 Cr in FY25 from INR 142.2 Cr a year ago. 

According to its red herring prospectus (RHP) filed on August 5, the omnichannel…