loading
loading
Jewellery retailer Bluestone has appointed Amit Jain, co-founder and CEO of CarDekho Group, as a Non-Executive Non-Independent Director, effective September 14, 2026. The appointment was approved at the company’s 15th Annual General Meeting (AGM), according to its regulatory filing accessed by Entrackr. Jain has been appointed in place of Sameer Dileep Nath, who retired by rotation after choosing not to seek re-appointment. Founded in 2011, BlueStone is a jewellery retailer that operates through its online platform and offline store network. The company offers jewellery products and has been expanding its physical retail presence across India. The company claims to be India’s second-largest digital-first omnichannel jewellery brand and expanded its retail footprint by adding 12 stores during Q1 FY27, taking its network to 352 stores across 139 cities. BlueStone now serves over 12,660 PIN codes, with nearly half of its stores located in Tier II and Tier III markets. In Q1 FY27, BlueStone’s operating revenue grew 49% year-on-year to Rs 737 Cr, while the company turned profitable with a net profit of Rs 6 Cr, compared with a loss of Rs 35 Cr in Q1 FY26. The company also reported strong operating performance during the quarter, continuing its profitability momentum. BlueStone operates in India’s highly competitive organised jewellery market, where it competes with CaratLane, Tanishq, Kalyan Jewellers, Senco Gold, PC Jeweller and Thangamayil Jewellery, among others.
document fetched 2026-09-17 02:50