Outcome of Board Meeting held on 22nd January,2026.
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The Board of String Metaverse approved consolidated unaudited results for Q3 FY26 (quarter ended Dec 31, 2025). Consolidated revenue from operations jumped to ₹27,835 lakhs from ₹11,569 lakhs in Q3 FY25, a rise of about 140%. Nine-month FY26 revenue reached ₹70,971 lakhs versus ₹25,351 lakhs in the same period last year. Consolidated profit after tax for Q3 FY26 stood at ₹2,789 lakhs (₹1,021 lakhs in Q3 FY25), with EPS of ₹2.38 versus ₹0.94. The business spans Gaming (main contributor) and High-Frequency Trading (HFT) segments. Standalone results remain small at ₹335 lakhs revenue and ₹13.46 lakhs PAT for the quarter. The Board also approved increasing Authorized Share Capital from ₹130 crore to ₹200 crore (adding 7 crore new equity shares of ₹10 each), subject to shareholder approval via Postal Ballot. Additionally, the Board explored ESOP implementation and proposed a Promoter Group Offer for Sale (OFS) to comply with Minimum Public Shareholding norms.
Strong YoY revenue and profit growth signals a rapid scaling phase, largely driven by subsidiaries (consolidated vs standalone gap is huge). The capital expansion and promoter OFS suggest upcoming equity dilution and float increase — existing shareholders should watch for potential share supply pressure from the OFS and any further fund-raising activity.