Bluestone Jewellery and

Bluestone delivered a strong Q4 FY26 with standalone revenue growth of 49.1% YoYCurrent reported value: 49.1% YoY. No comparable prior figure is available in the source record. to ₹2,441 crore for the full year, driven by resilient consumer demand, same-store sales growth of 34%Current 34%. Reported change: +34pp YoY., and successful recalibration of entry-level offerings amid rising gold prices. The omni-channel model continues to gain traction, with 340Current 340. Reported change: +65 stores YoY. stores across 134 cities and repeat customer contributions rising. Management guided for ~20% annual store additionsCurrent reported value: ~20% annual store additions. No comparable prior figure is available in the source record. and plans to keep marketing spend at ~6% of revenueCurrent reported value: ~6% of revenue. No comparable prior figure is available in the source record. while shifting toward brand-building investments. Key risks include potential gold price volatility impacting consumer sentiment and inventory turns, which fell to 1.13x due to gold price inflation. The company remains confident in its design-led, vertically integrated model to capture market share in the underpenetrated jewelry market.