iWorld
Spuul premiers Mumbhai Connection
Spuul, the popular online streaming service for Indian cinema and television, brings the ultimate movie experience right to its users with the premiere of Mumbhai Connection. Viewers can avail the offline sync feature to watch this highly appreciated movie, which had a day and date release on Spuul on Friday, August 22.
Spuul users worldwidecan watch Mumbhai Connection on all second screen devices including mobile, web, smart TV’s etc. the same day it hits theatres. Spuul, which is the official online partner for the movie has opted for the day and date strategy to offer trade with the advantage of multiple screens. This initiative comes in the wake of providing content to its customers so as to avoid piracy.
Mumbhai Connection is the story of an Indian salesman who joins an Atlanta IT company only to learn that it is run by the Mumbai mafia. Revealing the functioning of the powerful and dangerous mafia, it shows how the salesman’s life changes overnight as he finds himself trapped. Mumbhai Connection features RafiqBatcha, Srinivas, Dick Mays, Aliessa P. Badresia, Chrissy Chambers, Eli Jones and David Peirce. The movie is about the hardships of a boy who has all the goodness in his heart and mind.
Speaking on this development, Prakash Ramchandani, Chief Content Officer, Spuul said, “Spuul is very well placed to meet the growing demands of the movie watchers online. We are excitedto add Mumbhai Connection in our library and make quality content easily accessible. The idea is to curb piracy and provide a legal platform for the industry.”
RafiqBatcha, Producer-Actor of Mumbhai Connection, said,“The Mumbhai Connection team is very pleased to be associated with Spuul and have them as Video on demand partners. Mumbhai Connection is dark absurd comedy about the world of IT clashing with the world of Mafia. Its novel plotline is bound to connect with metro audiences in India especially the youth who are cutting edge users of technology. With Spuul as partner, we are able to make our award winning film available on platforms that these audiences use most the most for their media consumption. Mumbhai Connection is the first Hindi film set and shot in Atlanta, USA.”
Spuul, standing by its promise of being consistent and providing new content recently introduced the comedy club, which includes funny shows like Jay Hind!. The users can also have hassle – free entertainment at home or while travelling with offline sync for free. We are working behind the scenes to bring you the best in Indian entertainment so stay tuned for more!
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.
