iWorld
Syntel Telecom rebrands as Syntel by Arvind
Mumbai: Syntel Telecom, an ICT company, has announced its rebranding to Syntel by Arvind. This significant change marks a new era for the Pune-based company, which started its journey as a telecommunication product manufacturer owned by the Arvind Group. The rebranding includes a fresh new logo and a revitalised identity, reflecting the company’s evolution and expansion over the years.
The new identity, Syntel by Arvind, is more than just a name change. It represents a blend of our rich history and our aspirations for the future, said Syntel by Arvind CEO Paresh Shetty. “The name ‘Syntel’ reflects synergy and technology – two driving forces that define our approach in today’s fast-paced world. This rebranding is a testament to our ongoing efforts to innovate and deliver cutting-edge solutions and products to our customers.”
Paresh added, “It’s giving me joy to share our new identity which not only honours our rich legacy of Arvind but also aligns with our vision for the future, as we continue to expand our product lines and solutions to meet the evolving needs of our customers and this rebranding to Syntel by Arvind signifies our commitment to innovation and growth. As we embark on this exciting new chapter, we remain deeply rooted in the principles that have guided us for over decades. Our commitment to our customers, partners, and employees remains unwavering as we continue to drive forward with renewed energy and vision.”
Founded in 1994, Syntel launched its first EPABX system under the brand name NEOS. Since then, the company has grown into a renowned name in the ICT industry, boasting a robust portfolio that includes both product manufacturing and solution provision.
Today, Syntel by Arvind operates in two primary segments: products and solutions. The product division includes security and surveillance systems under the SNEOS brand and enterprise communication solutions under the NEOS brand, these brands exemplify the company’s expertise in creating high-quality, reliable products tailored to modern business needs. On the other hand, the solutions division of Syntel by Arvind offers end-to-end solutions in enterprise communication, network infrastructure, audio-visual system integration and security & surveillance, ensuring comprehensive support for diverse business requirements.
The rebranding event, held at the company’s headquarters in Pune, showcased the new logo and identity, symbolising Syntel by Arvind’s dedication to delivering cutting-edge technology and exceptional customer service. “The new logo embodies this transformation, capturing the essence of both our heritage and our progressive outlook, it stands as a beacon of our enduring promise to deliver quality and value, while also embracing modernity and technological advancement,” said Syntel by Arvind COO Sandeep Kerulkar.
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.
