iWorld
Reliance Jio adds 1.76 million wireless subscribers in Oct
Mumbai: Telecom giant Reliance Jio has added 1.76 million net wireless subscribers in October, according to Telecom Regulatory Authority of India (Trai) subscription data. Vodafone Idea lost 0.96 million subscribers followed by Bharti Airtel at 0.48 million, the data revealed.
The total number of wireless subscribers increased from 1166.02 million to 1166.30 million. In urban areas, wireless penetration decreased from 637.89 million to 637.44 million. Wireless subscriptions in rural areas increased from 528.13 million to 528.86 million.
Trai reported 996.47 million active wireless subscribers out of which Reliance Jio had the highest share with 358.49 million followed by Bharti Airtel at 346.11 million, Vodafone Idea at 234.33 million and BSNL at 56.93 million.
The number of telephone subscribers increased from 1189.15 million to 1189.62 million. Urban subscription decreased from 659.09 million to 658.83 million whereas rural subscription increased from 530.06 million to 530.79 million.
In October, Trai received information from 577 broadband operators viz-a-viz 522 in the previous month. It reported that total broadband subscribers increased from 794.88 million to 798.95 million. The number of mobile device users increased from 769.22 million to 773.09 million. Wired subscribers increased from 24.39 million to 24.55 million and fixed wireless subscribers increased from 1.28 million to 1.31 million.
At the end of October, the top five broadband service providers stood as follows Reliance Jio Infocomm Ltd at 430.75 million subscribers, Bharti Airtel at 208.71 million subscribers, Vodafone Idea at 122.47 million subscribers, BSNL at 24.57 million subscribers and Atria Convergence at 1.97 million subscribers.
The top five wired broadband service providers were BSNL at 4.72 million subscribers, Reliance Jio Infocomm Ltd at 4.16 million subscribers, Bharti Airtel at 3.98 million subscribers, Atria Convergence Technologies at 1.97 million subscribers and Hathway Cable & Datacom at 1.07 million subscribers.
The top five wireless broadband service providers were Reliance Jio Infocomm Ltd at 426.60 million subscribers, Bharti Airtel at 204.73 million subscribers, Vodafone Idea at 122.47 million subscribers, BSNL at 19.85 million subscribers and Tikona Infinet Ltd. at 0.30 million subscribers.
The number of wireline subscribers increased from 23.13 million to 23.32 million with a net increase of 0.19 million. BSNL and MTNL held 45.07 per cent of the wireline market share.
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.
