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BlueStone’s Lacklustre Q1 Show
BlueStone’s maiden financial results as a listed company showed glittering sales blemished by persistent losses. Even though the losses fell sequentially, the company’s future plans involve a lot more capital expenditure.
Before we see that, here’s a quick snapshot of the Q1 results
- Consolidated net loss declined 41% YoY to INR 34 Cr
- Operating revenue surged 42% YoY to INR 492 Cr
- Expenses zoomed 29% YoY to INR 538 Cr
- ESOP costs surged 175% YoY to…
