Gaming
S8ul wins India qualifier for Pokémon Unite Worlds 2026
Fourth qualification; to compete for $500,000 in San Francisco 28–30 Aug.
MUMBAI: If consistency were a power-up, S8ul would be permanently maxed out. S8ul has once again stamped its authority on India’s Pokémon Unite scene, clinching the India Qualifier for the World Championship Series 2026 and booking a spot at the global finals in San Francisco. The win marks a record fourth appearance for S8ul at the world championship, more than any other Indian team. Even more telling: across five Indian qualifiers held so far, the team has now won four, underlining a grip on the title that looks less like dominance and more like routine.
The road to qualification was clinical. Playing a double-elimination format, S8ul swept past Anti Secure, GodLike and Team QML with identical 2-0 victories in the upper bracket. The final hurdle, however, demanded nerve. In a best-of-five grand final, they edged out Revenant XSpark 3-2 in a tightly fought series.
Led by captain Manmohan Singh (All Might), alongside Anklesh Satelkar (Novaa), Darshan Nate (Kai), Naitik Jain (Wolf) and Md Sarim Hasan (Qing), the team combined composure with adaptability two traits that have become their trademark in high-pressure matches.
For their victory, S8ul secured $15,000 (approximately Rs 14.1 lakh) from the qualifier’s $25,000 prize pool (around Rs 23.5 lakh). The bigger prize, however, awaits, a shot at the $500,000 (roughly Rs 4.7 crore) global pool at the World Championships, scheduled from August 28 to 30.
The result adds to what has already been a packed trophy cabinet in 2026. S8ul’s BGMI roster lifted the BGIS 2026 title, its Valorant squad won VCSA Split 1, and its Apex Legends team delivered a top-five finish at the ALGS 2026 Championship, the best-ever by an Indian organisation. Even beyond esports, Grandmaster Nihal Sarin’s Menorca Open win adds to the collective momentum.
With selection as one of 40 global Club Partners by the Esports Foundation for the Esports World Cup 2026, S8ul is now eyeing qualification across 13 titles, ranging from Apex Legends and BGMI to Street Fighter 6 and Trackmania.
For now, though, all roads lead to San Francisco. And if past form is any indicator, S8UL won’t just be showing up, they’ll be showing up to win.
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.
