iWorld
Parikshita Deka and Supratip Bhattacharya win Hipi G.O.A.T.2
Mumbai: The spotlight has shone brightly on musical brilliance, Hipi G.O.A.T. 2, singing challenge on Hipi, as it culminated with the emergence of many a fresh talent onto the digital stage. The resounding success of Hipi G.O.A.T. 2 underscores its unparalleled capacity to create life-changing opportunities for exceptional musical talents across India.
Guided by the remarkable Palak Muchhal, a true luminary of the music industry, Hipi G.O.A.T. 2 unfolded as a journey of discovery, passion, and artistry. The contest celebrated the boundless talent of Indian music creators and provided them with a unique platform to highlight their vocal gifts. The extraordinary number of participants and the video views during this journey testify to the extraordinary impact that Hipi G.O.A.T. 2 has had on the musical landscape.
As the grand finale unfolded, Supratip Bhattacharya and Pratiksha Deka emerged as shining stars, captivating audiences with unparalleled vocal prowess and distinct artistic expression. This victory not only marks a personal triumph for Supratip Bhattacharya and Pratiksha Deka but also signifies a groundbreaking entry into the world of music.
Hipi chief business officer GBS Bindra said, “Hipi G.O.A.T. 2 has been an amazing journey, showcasing the diverse and exceptional musical talents that India has to offer. The massive participation and the overwhelming response reaffirm our commitment to providing a platform that empowers creators and nurtures their talents. We are immensely proud of the impact this contest has had on the lives of talented individuals.”
With an astounding 350,000 video submissions and 1.2 billion cumulative video views, Hipi G.O.A.T. 2 succeeded in bringing voices from every corner of the nation. Participants from across the country showcased their musical talent creating a tapestry of harmonious melodies.
Throughout the journey, Hipi G.O.A.T. 2 remained steadfast in its commitment to nurturing creativity. Mentorship and duet opportunities with the illustrious Sireesha Bhagavatula, coupled with cash prizes, celebrated the journey of every participant and winner, solidifying Hipi’s reputation as a platform that changes lives.
The grand winner’s triumphant moment was crowned with the opportunity to record an original song for a music video, a collaboration set to be launched by the esteemed Zee Music Company. This victory is not just a personal achievement but a testament to the potential of platforms like Hipi to shape the future of the music industry.
As Hipi G.O.A.T. 2 reached its conclusion, Hipi stands firm in its commitment to providing a dynamic platform that empowers creators to display their talents, make connections, and impact audiences worldwide. The success of this season’s contest underscores Hipi’s role as a transformative force in the digital entertainment landscape, making dreams a reality for countless creators.
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.
