Gaming
Stanfest to bring Ashish Chanchlani, Fukra Insaan and 200 more creators
Mumbai: Stan has announced India’s biggest creator gathering, “Stanfest 2024”. The upcoming event on 24 November 2024 at Phoenix Palassio Courtyard, Lucknow, features a lineup of over 200+ creators attending from different genres like Lifestyle, gaming, music, comedy, motovloggers,sports among others. Fans can look forward to seeing Ashish Chanchlani, Abhishek Malhan aka ‘Fukra Insaan,’ Round2Hell, UK07, Mortal, and Anurag Diwedi.
The event is set to offer a wide range of activities designed to connect and engage attendees with their favorite creators including fun-filled engagement sessions with creators, a mini tournament hosted by the title sponsor of Stanfest, Zupee, and the semi-finals and finals of Esports LAN tournament with the winner getting a Trip to Thailand. The Zupee mini tournament offers fans to play with their favorite creators and get rewards. The event will also celebrate excellence in gaming and esports through an award ceremony. Towards the end, a live music performance would wrap the event on a musical note.
The event will also offer multiple themed areas designed to offer an immersive experience for attendees.The event sponsors, Bingo and GetRizzed, will have dedicated experience to actively engage the audience with exciting competitions and attractive rewards. Additionally, the Stan arena and Ludo arena will feature multiple interactive booths, offering a variety of gaming activities and immersive experience zones designed to captivate and entertain attendees in the event.. Audiences can participate in tournaments, games to win goodies and rewards including a Royal Enfield Bullet. The event will also feature a cosplay arena where award winning artists will be joining showcasing their talent.
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.
