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Spuul adds ‘Mardaani’

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MUMABI: Spuul, the popular online streaming service for Indian cinema and television, is proud to have added ‘Mardaani’ on pay-per-view to their movie catalogue offered via subscription services.

 

‘Mardaani’ is the story of a cop, Shivani Shivaji Roy (Rani Mukerji), who confronts the mastermind behind a child trafficking mafia. The mafia kingpin makes the mistake of kidnapping and smuggling a teenage girl, Pyari, out of the city. What follows is a cat-and-mouse game between the fearless cop and the ruthless mafia don in a very personal war. Rani Mukerji plays an edge of the seatrole of a lifetime, in this raw and gritty film, which is a distinct departure from Pradeep Sarkar’s style of filmmaking.

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At a time when there’s rampant violence against women, this movie is a must-watch for everyone.

 

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Spuul users worldwide can watch this crime drama on all second screen devices including mobile, tablets, web, smart TVs, as well as stream to their TVs via Chromecast.

 

Speaking on this development, Spuul Chief Content Officer Prakash Ramchandani said, “We are delighted to make the latest movies easily accessible for our users. The release of Mardaani this festive season reiterates our commitment to providing the best content to our subscribers.”

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“A digital distribution platform like Spuul provides us a window to connect with all YRF movie lovers and enables access of our film catalogue by allowing a real movie watching experience anytime and anywhere, as per our viewer’s convenience,” said Yash Raj Films Vice President – Digital Anand Gurnani.

 

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Spuul, standing by its promise of delivering diverse content to its users, has been adding new-age movies and TV show such as Ankhon Dekhi, Main Tera Hero, Queen, Gunday, Bigg Boss 8 hosted by Salman Khan, and many more. Spuul users can also access hassle-free entertainment at home or while travelling with free offline download. We are working behind the scenes to bring you the best in Indian entertainment so stay tuned for more!

 

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Gaming

Bluestone FY26 revenue rises to Rs 2,436 crore, turns profitable

Q4 profit at Rs 31 crore, full-year profit at Rs 13 crore vs loss last year.

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MUMBAI: From sparkle to numbers, Bluestone seems to be polishing more than just jewellery this year. Bluestone Jewellery and Lifestyle Limited reported a sharp turnaround in FY26, with revenue from operations rising to Rs 2,436 crore (Rs 24,364 million), up from Rs 1,770 crore (Rs 17,700 million) in FY25. The company posted a full-year profit of Rs 13 crore (Rs 131.79 million), a significant recovery from a loss of Rs 222 crore (Rs 2,218 million) a year ago.

Total income for the year stood at Rs 2,486 crore (Rs 24,860 million), compared to Rs 1,830 crore (Rs 18,300 million) in the previous year, reflecting both topline growth and improved operational momentum.

The March quarter, however, told a more nuanced story. Revenue from operations came in at Rs 681 crore (Rs 6,814 million), down from Rs 748 crore (Rs 7,486 million) in the year-ago period, though higher than Rs 461 crore (Rs 4,613 million) in the preceding December quarter. Net profit for Q4 stood at Rs 31 crore (Rs 311.81 million), compared to Rs 68 crore (Rs 688 million) a year earlier, but a clear reversal from a loss of Rs 51 crore (Rs 512 million) in Q3.

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Margins were shaped by higher input costs, with raw material consumption rising to Rs 2,204 crore (Rs 22,043 million) for the full year, alongside employee benefit expenses of Rs 282 crore (Rs 2,824 million) and finance costs of Rs 210 crore (Rs 2,104 million). Other expenses came in at Rs 371 crore (Rs 3,715 million), slightly lower than Rs 393 crore (Rs 3,938 million) in FY25.

On the balance sheet front, total assets expanded to Rs 4,961 crore (Rs 49,610 million) as of March 31, 2026, from Rs 3,532 crore (Rs 35,322 million) a year earlier, driven largely by a surge in inventories to Rs 2,672 crore (Rs 26,718 million). Equity also strengthened to Rs 1,803 crore (Rs 18,030 million), nearly doubling from Rs 911 crore (Rs 9,107 million).

Cash flows reflected the cost of growth. Net cash used in operating activities stood at Rs 199 crore (Rs 1,990 million), while investing activities saw an outflow of Rs 239 crore (Rs 2,392 million). Financing activities, however, generated Rs 497 crore (Rs 4,971 million), helping the company end the year with cash and cash equivalents of Rs 108 crore (Rs 1,075 million), up from Rs 49 crore (Rs 487 million).

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Earnings per share for FY26 came in at Rs 1.10, a sharp improvement from a negative Rs 79.74 in FY25, underlining the shift from losses to profitability.

With revenue scaling up, costs still glittering on the higher side, and profitability finally back in the black, BlueStone’s FY26 performance suggests a business mid-transition less about shine alone, and more about sustaining it.

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