BlueStone’s Q1 Scorecard, Gupshup Axes 100 Jobs & More

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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…



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BlueStone’s Q1 Scorecard, Gupshup Axes 100 Jobs & More


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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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