«Back to Home
String Metaverse’s Profit Surges 92.3% in H1 FY27 as Revenue Climbs 86.1%; Company Sharpens Focus on Agentic Gaming
ANI
06 Nov 2026, 18:02 GMT+
Hyderabad (Telangana) [India], November 6: String Metaverse Limited (BSE: META), a Web3, blockchain and AI company, today announced its consolidated financial results for the quarter and half-year ended 30 September 2026. Revenue from operations for H1 FY27 rose 86.1% year-on-year to 802.66 crore, while profit after tax grew 92.3% to 76.79 crore, with earnings growing faster than revenue as EBITDA margin widened.
Strong First-Half Financial Performance
For the half-year ended 30 September 2026, revenue from operations rose 86.1% year-on-year to 802.66 crore. EBITDA (PBDIT) grew 91.3% to 91.18 crore, lifting EBITDA margin by 31 basis points to 11.4%. Profit after tax increased 92.3% to 76.79 crore.
For the quarter ended 30 September 2026, revenue from operations grew 76.5% year-on-year to 410.26 crore. EBITDA rose 83.2% to 47.32 crore, with the EBITDA margin up 42 basis points to 11.5%, and profit after tax increased 84.2% to 39.86 crore. On a sequential basis, Q2 revenue was 4.6% higher, and profit after tax was 7.9% higher than in Q1 FY27.
In the first six months of FY27, the Company generated 75.1% of its FY26 full-year revenue and 74.9% of its FY26 full-year profit after tax. Its H1 FY27 Rule of 40 score stood at 87.4%, more than double the 40% benchmark commonly used to gauge balanced growth and profitability.
“The first half of FY27 has been a defining period for String Metaverse. Delivering three-quarters of last year’s revenue and profit in just six months, while expanding margins, shows that our growth is both scalable and profitable. We are now sharpening our focus on agentic gaming, payment rails for AI agents and our broader AI ecosystem, where we see the opportunity to build scalable digital businesses that will drive the Company’s next phase of growth.”
– Ganesh Meenavalli, Managing Director, String Metaverse Limited
About String Metaverse Limited
String Metaverse Limited (BSE: META) is a Web3, blockchain and AI company headquartered in Hyderabad, India, with international offices in Hong Kong, Dubai, Ras Al Khaimah and Singapore. Its work is guided by a single vision: “Every Interaction is a Transaction.”
Investor Relations: Chowda Reddy, Company Secretary | [email protected] | +91 90004 21290
(ADVERTORIAL DISCLAIMER: The above press release has been provided by India PR Distribution. ANI will not be responsible in any way for the content of the same.)
More India’s News
Russia-Ukraine maritime conflict threatens trade routes
18th GRIHA Summit Concludes with a Call to Accelerate India’s Low-Carbon Transition from Sustainable Buildings to Resilient Infrastructure
Amit Shah, CM Dhami honour six Uttarakhand children with State Child Bravery Award
Karnataka Minister Rizwan Arshad flags vehicle damage risk from excess ethanol blending in petrol
Ayodhya gears up for 10th Deepotsav, artists bring Ramayana characters to life
Festive Decor Turns DLF Malls Into Destinations as Families Embrace the Season of Celebration
Planning a Kashmir Trip? The Complete Guide, From First-Timer Basics to Insider Tips
Delhi HC directs ‘Doosra’ makers to display disclaimer, furnish Rs 2 crore bank guarantee over Ganguly’s rights
India’s electronics manufacturing push moves upstream as ECMS approvals cross Rs 77,000 crore
“Why only talk about PoK?”: Tipra Motha founder terms partition handling a ‘historical blunder’, calls for action on border security
Bharti Airtel’s net subscriber additions plunge 78% in Q2 following withdrawal of Rs 299 prepaid plan: Citi
British Council Marks Global Reading Achievement With GUINNESS WORLD RECORDS
Delhi Court dismisses plea seeking FIR against CM Gupta over alleged remarks on officials
Lead Reclaim and Rubber Products Sees EBITDA Cross Rs 5.7 Crore as Operating Margins Expand to 15.89 percent
AvenuesAI Q2 revenue jumps 47% as AI-first fintech transformation gathers momentum
India welcomes all satcom players, Starlink last to submit compliance documents: Govt sources amid Musk’s allegations of market entry barriers
Couple dies after coming under train near Mandya in Karnataka, probe underway
ACC Men’s U19 Asia Cup 2026: Aaryavir Sehwag’s unbeaten 70 power India to 10-wicket win over Nepal
Diwali 2026: Kayo Detox Spotlights Lung Health Awareness With After Smoke Shots
PoJK activist accuses Pakistan of killing 119 civilians, enforced disappearances amid five months of unrest
String Metaverse’s Profit Surges 92.3% in H1 FY27 as Revenue Climbs 86.1%; Company Sharpens Focus on Agentic Gaming
a daily newsletter full of things to discuss over
drinks.and the great thing is that it’s on the house!
