iWorld
ALTBalaji partners with Ujjivan Small Finance Bank; offers customers significant value deal
MUMBAI: Known to be the one-stop destination for entertainment that also provides viewers an affordable viewing experience, ALTBalaji, one of India’s leading homegrown platforms, has joined hands with Ujjivan Small Finance Bank. As part of the deal, Ujjivan Bank customers can avail of a 15 per cent discount on the ALTBalaji subscription by using the Ujjivan Bank RuPay Debit Card.
Having played a vital role in the massification of content in Tier II and III markets, ALTBalaji has revolutionized how India consumes content. Led by its clutter-breaking shows, that span diverse genres, the homegrown platform has established a foothold in non-metros like no other. With Ujjivan Bank’s diversified portfolio seeing more than 39 per cent of its customers spread across semi-urban and rural markets, this partnership helps ALTBalaji reach out to a fresh set of viewers from Bharat by making their content more accessible.
Customers can use the offer which is valid till 31 October , 2020 by using the code FIFJ7by. The code is applicable for the Quarterly Subscription pack and its validity will start from the date of activation. Users can click on the link https://bit.ly/ALTBalaji_Baarish_S2 and they will be navigated to the app store or Google Play Store depending on their smartphone. This association will allow ALTBalaji to tap into a new set of customers while simultaneously motivating them to stay indoors.
"Having established our presence with entertaining Hindi originals, we have been working towards the massification of OTT space across markets. Ujjivan Small Finance Bank's well-established presence will see us tap into a new segment of hinterland audiences and help them discover our engaging content. With a vast number of viewers in these areas having an account with Ujjivan Bank, this association will ease the subscription process for them with value benefits. Users can avail this offer in just a few clicks making it extremely simple and convenient,” ALTBalaji CEO, and, Balaji Telefilms Group COO Nachiket Pantvaidya said.
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.
