Jewellery Brand BlueStone Earned INR 771 Cr In FY23

Jewellery brand BlueStone’s operating revenue increased over 1.6X in FY23. Tata-backed startup’s loss surged 86% to INR 167.2 Cr from INR 1,268.4 Cr in FY22. Excluding the one-time expense of FY22 following the adoption of a new accounting policy, BlueStone’s net loss surged 183% in FY23 from INR 59 Cr in FY22.