String Metaverse Ltd Reports Q1 FY26 Consolidated Revenue of ₹199 Cr and PAT of ₹18.29 Cr

String Metaverse Ltd Reports Q1 FY26 Consolidated Revenue of ₹199 Cr and PAT of ₹18.29 Cr

Hyderabad (Telangana) [India], August 4: String Metaverse Ltd (BSE: META | 534535), India’s pioneering publicly listed Web3 infrastructure company, today announced its consolidated financial results for the first quarter of FY26. The company reported consolidated revenue of ₹199.14 crore and profit after tax (PAT) of ₹18.29 crore, reflecting its rapidly scaling global operations and strong performance across digital infrastructure verticals.

  • Q1 FY26 Consolidated Financial Highlights

Revenue: ₹199.14 Crore (Q1 FY26)

Profit After Tax (PAT): ₹18.29 Crore

PAT Margin: 9.19%

Operating EBITDA: ₹21.83 Crore

  • YoY Growth (vs Q1 FY25):

Revenue: +298%

Net Profit: +240%

“This quarter demonstrates the strength of our diversified revenue streams and scalable technology platforms,” said the management. “Our focus on infrastructure-first deployment is translating into profitable growth and global reach.”

  • Business Drivers & Strategic Execution

Blockchain Node Infrastructure: Activation of Solana and Hyperliquid validator nodes through String DePIN & AI Ltd in Ras Al Khaimah contributed to predictable, protocol-based revenues.

Fintech Expansion: The company’s newly acquired Canada MSB license allows issuance of crypto-linked virtual debit cards in over 100 countries, in collaboration with Visa, Mastercard, and UnionPay.

Web3 Gaming & Monetization: Increasing user engagement in String’s Web3 ecosystem drove digital asset monetization through in-app activity and ad-based revenue, supported by the launch of its Singapore-based RTB Ad Exchange.

  • Leadership Commentary

“Our Q1 FY26 results mark a significant inflection point for String Metaverse,” said Santosh A, Director at String Metaverse Ltd.

“This performance reinforces our belief that decentralized financial infrastructure, programmable payments, and on-chain data monetization will define the next decade. We are building at the convergence of these shifts — with operational velocity and global scale.”

About String Metaverse Ltd

String Metaverse Ltd (BSE: META) is India’s first listed Web3 infrastructure and gaming company, powering the foundational architecture of the Internet Financial System. The company operates globally across:

Blockchain validation nodes (Solana)

Fintech platforms for global crypto payments and digital card issuance

Web3 real-time bidding (RTB) for gaming and attention monetization

HFT and liquidity engine powering DeFi and centralized markets

String’s operations span India, Hong Kong, Singapore, Dubai, Toronto, and Ras Al Khaimah, serving millions of users and enterprises across the decentralized financial landscape.

String Metaverse (Bio Green Papers, BSE: 534535) Reports Q1 FY25: Rs 50.02 Cr Revenue, Rs 5.38 Cr PAT

String Metaverse (Bio Green Papers, BSE: 534535) Reports Q1 FY25: Rs 50.02 Cr Revenue, Rs 5.38 Cr PAT

String Metaverse LTD, following its merger with Bio Green Papers Limited (BSE: 534535) as approved by the Honourable National Company Law Tribunal (NCLT) under the scheme of arrangement of the Insolvency and Bankruptcy Code (IBC), has reported robust financial results for the first quarter of FY 2025. The company achieved consolidated revenue of Rs 50.02 crores and a profit after tax (PAT) of Rs 5.38 crores.

Backed by Spacenet Enterprises LTD (NSE: SPCENET) and 63 Moons Technologies Ltd (NSE: 63MOONS) step down subsidiary 3.0 VERSE Ltd. investments, String Metaverse will be the first Web 3.0 enterprise to start trading on BSE main board.

String Metaverse has global offices in Gift City, Hyderabad, UAE and HK.

The merger has strengthened the company’s position, leading to a consolidated revenue of Rs 151.21 crores and a PAT of Rs 10.82 crores for FY 2024, highlighting the successful integration and growth potential of the combined entity.

The Evolution Web 3.0

Web 1.0: Primarily focused on email and messaging, laying the foundation for digital communication.

Web 2.0: Marked by centralized social communities such as Instagram, Facebook, and WeChat, where monetization is predominantly controlled by large corporations like Meta, Microsoft, and Google.

Web 3.0: Digital communities are created for the people and by the people, enabling users to share, create, and transact within decentralized communities.

“In this new age of the Attention Economy, individuals are rewarded for the time they spend engaging online, transforming their attention and time into digital assets”

“New technological innovations are set to dominate global equity market caps. Disruptive technologies such as Web 3.0’s ‘Public Blockchains,’ Energy Storage, Artificial Intelligence, and Robotics currently have a combined market cap of approximately USD 19 trillion. This is expected to grow to USD 220 trillion by 2030, in contrast to non-innovative companies, whose combined market cap is projected to grow from USD 98 trillion to USD 140 trillion” according to a research report by ARK Investment.

“With Web 3.0 and Next-Generation technologies growing at an unprecedented pace, we are confident of achieving a CAGR of 100 per cent growth for the next 3 years,” stated Krishna Mohan Meenavalli, Founder of String Metaverse Ltd.