iWorld
Hooq announces release of first Hollywood original series
MUMBAI: Hooq is marking its presence as one of the homes of Hollywood original series. The platform announced its first foray into Hollywood originals with Crackle’s The Oath. The series is debuting with all 10 episodes on 8 March 2018 in the US, and it will be fully available on Hooq after 24 hours, from 9 March 2018.
Hooq chief content officer Jennifer Batty said, “This marks a truly significant milestone for HOOQ Originals. While we continue to blaze a trail for homegrown Asian content and talent, we are now proud to strengthen our offering and bring in the best original content that Hollywood has to offer. With established producers of gritty visual stories like Joe Halpin and Curtis “50 Cent” Jackson on the team and not to mention hard hitters like Ryan Kwanten and Sean Bean, we’re confident that we’ve got a winner here. I can’t wait for you all to see it.”
Set in Los Angeles, this hard-hitting crime drama dives deep into a world of gangs made up of those sworn to protect and defend. The Oath chooses to tread where most cop dramas don’t, shedding light on corruption and “police gang” culture by examining secret societies that are nearly impossible to join. Only a select few make the cut but, once inside, members will do what they must to protect each other from enemies not only on the outside but also from within.
Hooq CEO Peter Bithos said, “We have always dedicated ourselves to bringing our subscribers the best that Asia and Hollywood have to offer. With The Oath now joining our family of Originals, we’re proud to continue bringing the kind of stories that our customers love and continue to expect from us. This is the first of many to come.”
Created by Joe Halpin (Hawaii Five-O, Secrets and Lies), the characters and relationships in the series are informed by his first-hand experience working as a Los Angeles County Sheriff’s Department deputy in South Central for 18 years, 12 of which was as an undercover officer.
The Oath stars Ryan Kwanten (True Blood), Cory Hardrict (American Sniper, Gran Torino), Katrina Law (Training Day), Arlen Escarpeta (The Magicians), JJ Soria (Animal Kingdom, The Fosters) andGame Of Thrones alum Sean Bean.
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.
