iWorld
The Black Demon to make digital premiere on Lionsgate Play
Mumbai: This Mexican legend is what nightmares are made of. A family holiday gone terribly wrong, The Black Demon is set to make its digital premiere exclusively on 8 September only on Lionsgate Play in India. Starring Josh Lucas, Fernanda Urrejola, Julio Cesar Cedillo and Venus Ariel, this Adrian Grunberg thriller drama follows Paul and his family in a hellish ordeal where they realise that a local oil rig is being terrorised by a gigantic megalodon. Stranded in the middle of the ocean with no one to their rescue, they must make it out alive to save the villagers.
Talking about the most challenging part of filming and his favorite scene, actor Josh Lucas said, “ I think it’s a weird thing to say that my favorite scenes to shoot were probably the underwater scenes, they were really strange. Because I was shooting underwater, sometimes 6 to 8 hours a day with this team of divers and pretending to be removing a bomb and fighting against a shark, doing this kind of wild stuff! You’re alone in this environment with a group of divers, and you’re trying to communicate back and forth with your family who is on a raft up above, and the whole thing is in your imagination. Yet, you’re 30 feet deep for six hours at times and it is kind of like this oil rig (points to the set) that this group of people created. It was just challenging in a way that was like when you walk away everyday being exhausted with the thought of ‘wow I might’ve done something really cool’. I hope the emotion of those experiences is really there in the film.”
Prepare for the Mexican curse to bring nature’s wrath this 8 September on Lionsgate Play
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.
