iWorld
Companies deploy security for cable network to help set new digitalisation standard
MUMBAI: Verimatrix, the specialist in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe, today announced that Sunny Digital Home Entertainment, Pvt, Ltd, a joint venture company of Teleecare Networks India Private Limited and a leading cable MSO for the southern region of India, has selected the Verimatrix Video Content Authority System (VCAS) for DVB solution to provide revenue security for its digital cable service expansion in the Telangana state. Sunny Digital chose the proven cardless security solution to enable its analog-to-digital transition and create a foundation for future hybrid network and multi-screen services.
Sunny Digital is a digital cable MSO based in Hyderabad, India providing more than 650 international, national and regional satellite channels. The company’s cable-based solution enables it to reach all parts of Telangana State and provides a wealth of content, commerce and e-services. VCAS for DVB provides Sunny Digital with a cost-effective revenue security solution that offers robust, chip-level security without having to manage the logistics of smartcards.
“Our approach to the transition from analog to digital is revolutionizing the services we can provide to our customers in Telangana,” said Mr. Y.S. Krishna, Director, Sunny Digital Home Entertainment Pvt Ltd. “We chose Verimatrix as our revenue security partner because of their expertise and tremendous success the company has had in deployments globally, and in India. We are confident Verimatrix is the best partner to provide robust revenue security solutions that will help ensure our competitive stance and future growth.”
Sunny Digital is delivering “triple play” technology that provides a multi-screen, multi-service and app-based access to a world of content and services. The cardless VCAS for DVB solution offers a more secure approach than smartcards as it incorporates embedded security features in the set-top box at the chipset level ensuring that the descrambling keys or control words cannot be intercepted in the clear and shared over the Internet. This system also offers renewability of security subsystems with flexible options that enable operators to stay a step ahead of potential pirates. VCAS for DVB has been integrated with set-top boxes from MICO Panodic and LGCNS for the Telangana deployment.
“We are thrilled to be part of the Sunny Digital technology ecosystem that is bringing advanced digital TV to Southern India,” said Steve Oetegenn, president, Verimatrix. “Over the last several years, Verimatrix has been a part of many digitalisation efforts in India, laying a solid foundation for the variety of services that will transform the way entertainment is consumed in the country.”
Verimatrix will illustrate how security solutions are at the core of all key monetization strategies for the pay-TV and Internet video service at IBC 2016 (booth #5.A59). For additional information or to book an appointment with the team please visit www.verimatrix.com/ibc2016.
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.
