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Tata Play strikes the right chord with Apple Music offer for users

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MUMBAI: Tata Play is turning up the volume on value. The content distribution giant has teamed up with Apple Music to make subscribers’ playlists longer, livelier and best of all free for the first few months. The special promotional offer extends across Tata Play Binge, Tata Play Mobile app, and Tata Play Fiber, ensuring that no matter how subscribers tune in, they can do it to the sound of Apple’s iconic beats.

The deal gives new Apple Music users a complimentary four-month subscription, while qualifying returning users can enjoy three months free before the regular plan of Rs 119 per month kicks in. The offer, available to all Tata Play customers across DTH, OTT, and broadband services, adds another note to the company’s mission of delivering “value beyond entertainment.”

“At Tata Play, we’re constantly innovating to enrich our subscribers’ entertainment experience,” said Tata Play chief commercial and content officer Pallavi Puri. “This promotional offer gives our customers easy access to over 100 million songs, curated playlists, and live radio through Apple Music all integrated seamlessly with Tata Play platforms.”

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For Apple India, this partnership hits all the right notes. “Expanding our collaboration with Tata Play marks an important step forward in our growing partnership,” said Apple India director of content and services Shalini Poddar. “With the integration of Apple Music, we’re delivering a more immersive and personalised audio experience to Tata Play’s audience, bringing Apple Music to even more customers.”

Subscribers can redeem the offer through a promo code, after which it transitions into a regular Apple Music plan. For Tata Play, the move amplifies its growing effort to blend entertainment ecosystems combining video, broadband, and now, music into a unified experience for Indian households.

By adding Apple Music’s signature soundscape to its content mix, Tata Play isn’t just streaming shows anymore, it’s orchestrating an experience where every user can, quite literally, play it their way.

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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.

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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.

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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).

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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.

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