iWorld
Esports team GodLike Esports collaborates with blockchain-based fan engagement startup Stan
Mumbai: Esports organisation GodLike Esports has entered into a strategic agreement with Bengaluru-headquartered esports fan engagement startup Stan. This will enable them to provide officially licensed non-NFT digital collectibles for GodLike BGMI team’s fans and followers, among other services and rewards.
The key objective of the partnership between Stan and GodLike, which was facilitated by Numen Esports and Gaming, is to build an ecosystem for fans in order to connect with them actively and unlock new experiences for the fan base.
Following this partnership, Stan shall be giving access to GodLike fans to chat, play and even meet GodLike team members; furthermore, Stan users will also have a chance to visit GodLike’s Bootcamp, India’s largest gaming/esports facility.
Among the key players of Godlike Esports BGMI team with whom Stan has collaborated include: Chetan ‘Kronten’ Chandgude, Abhijit ‘Ghatak’ Andhare, Jonathan ‘Jonathan’ Amaral, Vivek ‘ClutchGod’ Abbas, Abhishek ‘ZGOD’ Choudhary and Suraj ‘Neyoo’ Mujumdar.
In addition, they have also collaborated with an influencer and an ex-professional player Kronten, GodLike owner, founder and director Abhijit ‘Ghatak’ Andhare (also an influencer and an ex-professional player).
Speaking on the partnership with GodLike, Stan co-founder and COO Nauman Mulla said, “Entering into a strategic partnership with the biggest organisation in India, GodLike Esports, was a no brainer for us at Stan, as want to give access to all the GodLike superfans, all of that Stan is offering. We aim to work with all the major stakeholders in this esports ecosystem, which is why we are very excited about this partnership. We intend to empower fans and connect them with their favourite esports athletes and creators; and to that end, now Stan users will be able to play a game, chat, make a live call, and meet GodLike members. We are proud to announce that Stan is the only platform today giving access to GodLike fans to meet, chat, play and also visit their gaming facility, and no other application or company are offering these services.”
Kronten said, “We are excited to partner with a brand as visionary and groundbreaking as Stan. Physical collectibles and memorabilia have been a part of sporting culture across the globe for so long and converting these to digital tokens using advanced technology will revolutionise fan engagement. All of us at GodLike are looking forward to engaging with our fans and community through Stan.”
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.
