Bluestone’s board has given a go ahead for its initial public offering through which the jewellery retailer is looking to raise Rs 1,000 crore in fresh capital. The company is expected to file its draft red herring prospectus over the course of next week or so, people aware of the matter said. Offline store expansion…
Representative image Jewellery retailer Bluestone has recorded a 64% increase in operating revenue for the year ended March 2024, according to data sourced from Tofler. Its losses for the full year narrowed by about 15% to Rs 142.2 crore. The Bengaluru-based company’s revenue from operations grew to Rs 1,265.8 crore in FY24 from Rs 770.7…
Representative image Jewellery retailer Kalyan Jewellers on Monday said its revenue from India operations witnessed an on-year growth of around 39 per cent during the second quarter of 2024-25, led by robust footfalls across markets with a healthy same-store-sales-growth. “Our India operations witnessed revenue growth of approximately 39 per cent during the second quarter of…
Jewellery retailer Senco Gold Ltd is expecting 12 per cent jump in revenue this festive season as compared to the last festive season, Suvankar Sen, MD and CEO, Senco Gold Ltd told ETRetail. As compared to the last festive year, gold prices have jumped almost 18 per cent, so this festive season, it is also…
New Delhi: Jewellery retailer PC Jeweller Ltd on Wednesday reported a consolidated net profit of Rs 156.06 crore for the first quarter ended June 30, compared to a net loss of Rs 171.62 crore a year earlier. The company’s revenue from operations surged to Rs 401.15 crore during the April-June quarter of this fiscal from…
Jewellery retailer Bluestone is negotiating an investment of about Rs 830 crore ($100 million) from Peak XV Partners, Steadview Capital and Think Investments, people aware of the matter said. This pre-IPO (initial public offering) round will be a mix of share sale by early backers and fresh capital infusion that is expected to value the…
New Delhi: Jewellery major Kalyan Jewellers saw its consolidated revenue grow by about 34 per cent during Q4 FY2024 despite a sharp rise in gold prices during the second half of the quarter, the company said in a quarterly update on BSE. For the full year FY2024, the jewellery retailer saw its revenue grow by…
Representative image. New Delhi: Jewellery retailer Joyalukkas is aiming to increase its India revenue to Rs 17,500 crore by the end of the financial year 2024, shared a top official of the company. Talking to ETRetail, Joy Alukkas, Chairman and MD, Joyalukkas India said that the jewellery chain is eyeing a 20 per cent YoY…
LONDON: Jewellery retailer Pandora raised its growth targets on Thursday, saying investments in the brand and store network were paying off, although it sounded a note of caution on China. Pandora’s shares jumped 5.9% in early trading after the company gave its updated outlook, ahead of a capital markets day in London on Thursday, and…
Jewellery retailer Senco Gold & Diamonds has launched its first virtual showroom ‘Sencoverse‘ on the metaverse. The company in a media release issued on Thursday said that it is India’s first virtual jewellery showroom on metaverse aimed at connecting with the new age customers to redefine their shopping by providing them with a more customized…
