iWorld
Tiki joins The Game Awards 2022 as global distribution partner
Mumbai: Tiki has announced its partnership with The Games Awards as their global distribution partner in India. With this, Tiki has gone the extra mile to contribute to the fastest-growing segment of the media and entertainment industry in India: the gaming sector. Tiki is the only short video platform in India to offer live streaming of the ceremony, and along with that, the brand has launched a collaborative hashtag #RealVSGame filter for the creators.
The Game Awards brings together game creators, esports athletes, digital influencers, fans, and the entertainment industry for a night of awards, exclusive game world premieres, and musical performances. In 2021, it delivered over 85 million live streams and was hailed as “the Oscars for the gaming world” by the New York Times. It is one of the largest live-streamed events of the year on the internet.
On the collaboration, Tiki CEO Ian Goh said, “Tiki is thrilled to announce that we’ve joined hands with The Game Awards (TGA) as its global distribution partner to bring world-class entertainment content to our 30 million-strong Tiki community. The amplified cultural impact of gaming, combined with the promise of the metaverse, has generated a plethora of opportunities for the creators. Gamers are passionate and tech-savvy but are also quite interested in fashion, fitness, and food. Therefore, Tiki aims to become a one-stop destination for all the needs of our creators.
Commenting on the partnership, TGA executive producer and host Geoff Keighley said, “Our partnership with short video platform Tiki highlights our commitment and effort to acknowledge and support the gaming sector in India. Through social media, the entertainment industry has the ability to vastly grow its audiences, not just locally but at a regional level as well. We bring together a diverse group of game developers, gamers, and notable names from popular culture to celebrate and advance gaming’s position as the most immersive, challenging, and inspiring form of entertainment. We strive to recognise those who improve the well-being of the community and elevate voices that represent the future of the medium via Tiki.”
The Indian short video market has experienced massive growth in the last two to three years. Short video formats are making inroads everywhere, from entertainment to commerce, edutainment to customer service, and even enterprise discussions. They are, undeniably, the medium of the future, and no one can afford to miss this train.
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.
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.
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).
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.
