BLUESTONE2025-07-012025-09-30BLUESTONE2025-09-30BLUESTONE2025-03-31BLUESTONE2025-04-012025-09-30BLUESTONE2025-07-012025-09-30in-capmkt:OtherExpenses1MemberBLUESTONE2025-07-012025-09-30in-capmkt:OtherExpenses2MemberBLUESTONE2025-07-012025-09-30in-capmkt:OtherExpenses3MemberBLUESTONE2025-07-012025-09-30in-capmkt:OtherExpenses4MemberBLUESTONE2025-04-012025-09-30in-capmkt:OtherExpenses1MemberBLUESTONE2025-04-012025-09-30in-capmkt:OtherExpenses2MemberBLUESTONE2025-04-012025-09-30in-capmkt:OtherExpenses3MemberBLUESTONE2025-04-012025-09-30in-capmkt:OtherExpenses4MemberBLUESTONE2025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1BLUESTONE2025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain1BLUESTONE2025-06-30RelatedPartyTransactionDomain1BLUESTONE2025-09-30RelatedPartyTransactionDomain1BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain2BLUESTONE2025-06-30RelatedPartyTransactionDomain2BLUESTONE2025-09-30RelatedPartyTransactionDomain2BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain3BLUESTONE2025-06-30RelatedPartyTransactionDomain3BLUESTONE2025-09-30RelatedPartyTransactionDomain3BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain4BLUESTONE2025-06-30RelatedPartyTransactionDomain4BLUESTONE2025-09-30RelatedPartyTransactionDomain4BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain5BLUESTONE2025-06-30RelatedPartyTransactionDomain5BLUESTONE2025-09-30RelatedPartyTransactionDomain5BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain6BLUESTONE2025-06-30RelatedPartyTransactionDomain6BLUESTONE2025-09-30RelatedPartyTransactionDomain6BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain7BLUESTONE2025-06-30RelatedPartyTransactionDomain7BLUESTONE2025-09-30RelatedPartyTransactionDomain7BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain8BLUESTONE2025-06-30RelatedPartyTransactionDomain8BLUESTONE2025-09-30RelatedPartyTransactionDomain8BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain9BLUESTONE2025-06-30RelatedPartyTransactionDomain9BLUESTONE2025-09-30RelatedPartyTransactionDomain9BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain10BLUESTONE2025-06-30RelatedPartyTransactionDomain10BLUESTONE2025-09-30RelatedPartyTransactionDomain10BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain11BLUESTONE2025-06-30RelatedPartyTransactionDomain11BLUESTONE2025-09-30RelatedPartyTransactionDomain11BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain12BLUESTONE2025-06-30RelatedPartyTransactionDomain12BLUESTONE2025-09-30RelatedPartyTransactionDomain12BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain13BLUESTONE2025-06-30RelatedPartyTransactionDomain13BLUESTONE2025-09-30RelatedPartyTransactionDomain13BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain14BLUESTONE2025-06-30RelatedPartyTransactionDomain14BLUESTONE2025-09-30RelatedPartyTransactionDomain14BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain15BLUESTONE2025-06-30RelatedPartyTransactionDomain15BLUESTONE2025-09-30RelatedPartyTransactionDomain15BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain16BLUESTONE2025-06-30RelatedPartyTransactionDomain16BLUESTONE2025-09-30RelatedPartyTransactionDomain16BLUESTONE2025-07-012025-09-30RelatedPartyTransactionDomain17BLUESTONE2025-06-30RelatedPartyTransactionDomain17BLUESTONE2025-09-30RelatedPartyTransactionDomain175444842025-09-30Statement15444842025-07-012025-09-30Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544484BLUESTONENOTLISTEDINE304W01038BlueStone Jewellery and Lifestyle LimitedMain BoardEquity2025-04-012026-03-312025-11-042025-10-29INRMillionsQuarterlySecond quarterSingle segmentDesign, manufacture and sale of jewellery2025-11-0415:00:002025-11-0416:20:00trueCash Flow IndirectNot applicabletruetrueNANAfalsetrue2024-12-10https://www.bluestone.com/investor-relations.htmltrue1falseThe Company has not defaulted on any loans and debt securities during quarter ended September 30, 20252025-07-012025-09-30UnauditedStandalone5130930000115230000524616000043997400000-12975700007136600005222900005113800008877500005737250000-4910900000-4910900000000-4910900000000-4910900002820000-4882700001513200001-3.52-3.5200-3.52-3.521) The unaudited standalone financial results of BlueStone Jewellery and Lifestyle Limited (formerly known as BlueStone Jewellery and Lifestyle Private Limited) ("the Company") have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013, read together with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015 as amended. <BR> <BR> 2) The unaudited standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 04 November 2025. These unaudited standalone financial results have been subjected to review by the statutory auditors of the Company and they have issued an unmodified conclusion on these unaudited standalone financial results. <BR> <BR> 3) During the quarter ended 30 September 2025, the Company has completed its Initial Public Offering (IPO) comprising a fresh issuance of 15,860,735 equity shares with a face value of INR 1/- each and Offer for Sale of 13,939,063 equity shares of face value of INR 1/- each. These shares were offered at an issue price of INR 517/- per equity share. The Company raised a total of INR 15,406.50 million (including INR 8,200 million with respect to fresh issuance of equity shares) and the Company's equity shares were listed on the BSE Limited and National Stock Exchange of India Limited with effect from 19 August 2025. Consequently, the requirement of submission of standalone financial results is applicable on listing of equity shares of Company from the quarter ended 30 June 2025. <BR> The utilisation of net IPO proceeds is summarised below: <BR> (Rs. in million) <BR> Sr. No Item Head Amount as proposed in the Offer Document Amount utilized upto 30 September 2025 Total unutilised amount as on 30 September 2025 <BR> 1 Working capital requirement 7,500.00 1,906.50 5,593.50 <BR> 2 General corporate purpose 207.50 207.50 <BR> 3 Issue expenses 492.50 492.50 <BR> Total 8,200.00 1,906.50 6,293.50 <BR> <BR> 4) The unaudited standalone financial results for the quarter and half year ended 30 September 2024 included above are prepared based on the information compiled by the management in accordance with Ind AS 34 and have not been subjected to audit or review by the statutory auditors. <BR> <BR> 5) The Company operate in a single operating segment of design, manufacture and sale of jewellery. Accordingly, the Company has only one reportable segment and disclosure as per Ind AS 108 "Operating Segment" is not applicable. <BR> <BR> 6) During the half year ended 30 September 2025, the Company has granted 1,647,192 (30 September 2024: 1,983,527) Employee Stock Options (ESOP's) under Employee stock option plan 2014. <BR> <BR> 7) During the quarter ended 30 September 2025, the Promoter contributed Rs. 76.83 million towards the “PC shortfall amount” in compliance with Regulation 15 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations. <BR> <BR> 8) During the quarter ended 30 September 2025, the Board of Directors of the Company, at its meeting held on 4 July 2025, approved the conversion of the following series of Compulsorily Convertible Preference Shares (“CCPS”) into equity shares of the Company: <BR> a) Series A, B, B1, B2, B3, C, D, D1, D2, D3, E and F CCPS, converted at a ratio of 10:1, resulting in the allotment of 70,179,070 equity shares of face value INR 1/- each; <BR> b) Series E2 CCPS, converted at a ratio of 5.013:1, resulting in the allotment of 1,984,380 equity shares of face value INR 1/- each; and <BR> c) Series G and H CCPS, converted at a ratio of 1:1, resulting in the allotment of 28,061,187 equity shares of face value INR 1/- each. <BR> <BR> 9) During the quarter ended 30 September 2024: <BR> a) the Board of Directors of the Company approved the conversion of series G CCPS converted at a ratio of 1:1, resulting in the allotment of 984,790 equity shares of face value INR 1/- each. <BR> b) the Company has raised Rs. 6,340.06 million through the issuance of Series H Compulsory Convertible Preference Shares and right equity shares. <BR> c) the Board of Directors in its meeting held on September 27, 2024, approved the acquisition of a stake in Redefine Fashion Private Limited (an Associate) for a total consideration of Rs 104.99 million, as per the definitive agreements made between the Company, Redefine Fashion Private Limited, and its Promoters. The Company has acquired 100 equity shares and 170,526 Compulsory Convertible Preference Shares (Non-voting) as part of this transaction. <BR> d) the Company has categorized 3,223,260 equity shares held by BlueStone Trust (formerly known as BlueStone Jewellery and Lifestyle Private Limited Management Stock Transfer trust) as 'treasury shares' in compliance with applicable Indian Accounting Standards, the Trust has transferred all of its holdings to its beneficiaries and no longer possesses any shares in the Company. <BR> e) the Company issued 104,512 equity shares pursuant to the exercise of stock options under the Employee Stock Option Plan, 2014. <BR> <BR> 10) Figures of previous periods / year have been regrouped, wherever necessary. <BR> <BR> 11) The above unaudited standalone financial results are available on the Company's website viz. www.bluestone.com and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com). <BR> <BR> 2025-04-012025-09-30UnauditedStandalone100567000002341100001029081000085754800000-256965000013374700001050030000996240000172021000011109780000-8189700000-8189700000000-8189700000000-818970000800000-8181700001513200001-9.34-9.3400-9.34-9.34Power and fuel53830000Contract labour charges96730000Advertisement & marketing costs420290000Others316900000Power and fuel112700000Contract labour charges186860000Advertisement & marketing costs760380000Others660270000105521900009110000003282000010280000027298000000020756300002075630000016785300001463154000019621280000404220000775600006897700005576160000110000341884000010166660000020863000029996570000004462811000015132000016645590000167969100001679691000015772100000007596150000917336000036770000000921013000057445800002515500001440720000169227000067051400001414199000044421400003694000000186210700000027831200000446281100001031120000-3095810000-2150000006544000035390000-44790000-329260000076850000016419300000996240000092700001330000187860000375100000014577000051081000000-48880000-763090000-80300000136620000-6823500000000-10070000-6924200000000000025100005356600000003330000000000000000001331000000-5180560000-5583940000007970840000000007192480000715687000076137000007095200000065355600002592000000259200000430570000689770000Re-measurement of employee defined benefit plans28200002820000Re-measurement of employee defined benefit plans80000080000000002820000800000BlueStone Jewellery and Lifestyle Limited******Gaurav Singh Kushwaha******KMPRemunerationApproved by the Board of director and/or shareholder as per companies Act, 2013 and rules thereon.1765000036000006540000BlueStone Jewellery and Lifestyle Limited******Rumit Dugar******KMPRemunerationNot applicable73900009600002200000BlueStone Jewellery and Lifestyle Limited******Jasmeet Kaur Saluja******KMPRemunerationNot applicable130000900000BlueStone Jewellery and Lifestyle Limited******Paras Dilip Shah******KMPRemunerationNot applicable73000000BlueStone Jewellery and Lifestyle Limited******Rohit Bhasin******DirectorRemunerationApproved by the Board of director and/or shareholder as per companies Act, 2013 and rules thereon.7000000150000BlueStone Jewellery and Lifestyle Limited******Rajesh Dahiya******DirectorRemunerationApproved by the Board of director and/or shareholder as per companies Act, 2013 and rules thereon.600000050000BlueStone Jewellery and Lifestyle Limited******Neha******DirectorRemunerationApproved by the Board of director and/or shareholder as per companies Act, 2013 and rules thereon.9000000300000BlueStone Jewellery and Lifestyle Limited******Arpital Tomar******Relative of KMP and Promoter GroupSale of goods or servicesNot applicable3000000BlueStone Jewellery and Lifestyle Limited******Neha******DirectorSale of goods or servicesNot applicable16000000BlueStone Jewellery and Lifestyle Limited******Poonam Dugar******Relative of KMPSale of goods or servicesNot applicable6000000BlueStone Jewellery and Lifestyle Limited******Sudeep Nagar******Senior Managerial PersonnelSale of goods or servicesNot applicable1000000BlueStone Jewellery and Lifestyle Limited******Vipin Sharma******Senior Managerial PersonnelSale of goods or servicesNot applicable7000000BlueStone Jewellery and Lifestyle Limited******Duhita Nath******Relative of DirectorSale of goods or servicesNot applicable031900003190000BlueStone Jewellery and Lifestyle Limited******Ethereal House Private Limited******SubsidiarySale of goods or servicesNot applicable226000000BlueStone Jewellery and Lifestyle Limited******Ethereal House Private Limited******SubsidiarySale of fixed assetsNot applicable71000000BlueStone Jewellery and Lifestyle Limited******Ethereal House Private Limited******SubsidiaryAny other transactionReimbursement of expensesNot applicable4000000BlueStone Jewellery and Lifestyle Limited******Gaurav Singh Kushwaha******KMPAny other transactionIn terms of Regulation 15 of SEBI ICDR Regulations, the amount represents the Promoter Contribution Shortfall.Not applicable7683000000108270000Public Issues2025-08-1482000000002025-09-30trueCare Ratings LimitedfalseNANilNilRumit DugarChief Financial OfficerMumbai2025-11-04