Gaming
Creative Monkey Games wins Best Gaming Startup of the Year Award by FICCI
Mumbai: Creative Monkey Games, a leading mobile gaming platform, has been honoured with the prestigious ‘Best Gaming Startup of the Year’ Award at the FICCI-Bionic enabled – Future Innovation Reskilling Start-up Transformation (FIRST) 2023 Summit and Awards. This recognition underscores Creative Monkey Games’ exceptional contributions to the gaming industry and its commitment to providing immersive and innovative gaming experiences.
The FICCI-FIRST Summit and Awards, held in Chennai, celebrated Creative Monkey Games for its remarkable journey in the world of mobile gaming. The Company has gained worldwide acclaim, boasting over 40 million downloads globally and a diverse collection of more than 50 games.
Creative Monkey Games CEO, co-founder & technology entrepreneur Deepak Aravind, expressed his excitement about receiving the award, stating, “This recognition by FICCI is a testament to the hard work and dedication of our entire team at Creative Monkey Games. Kavitha and Me founded this Company with a vision to offer the best mobile gaming experiences globally, and I am thrilled to see that vision come to life. We are committed to pushing the boundaries of mobile gaming with innovative ideas and captivating content.”
Creative Monkey Games has emerged as a frontrunner in the cricket gaming category, with titles such as World Cricket Battle 2 and Cricket Gangsta™ gaining immense popularity among players worldwide. These games offer fun-filled gameplay, cutting-edge graphics, intuitive controls, and dynamic features that redefine the mobile gaming experience. Furthermore, Creative Monkey Games is set to revolutionise the e-Sports industry by introducing Gully Cricket, a move that is expected to elevate the gaming industry to new heights.
Creative Monkey Games operates on a Freemium model, allowing users to download games for free from both the App Store and Google Play Store. The company generates revenue through in-app purchases, subscriptions and advertisements, making it accessible to a wide range of gamers.
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.
