Bluestone sees 64% revenue growth in FY24, narrows losses amid rising expenses

Jewellery retailer Bluestone increased its operating revenue by 64% in FY24, reaching Rs 1,265.8 crore, while narrowing its losses by 15% to Rs 142.2 crore. Total expenses also rose significantly. With backing from investors and a recent Rs 900-crore financing round, Bluestone is preparing for a nearly Rs 2,000-crore IPO.