Outcome of Board Meeting held on 25th May, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
String Metaverse Limited reported strong FY2026 consolidated results with revenue of Rs 1,069.11 Crores, a 162% jump from Rs 407.36 Crores in FY2025. Net profit surged 193% to Rs 10,252.65 Lakhs from Rs 3,524.56 Lakhs. The gaming and IT services segment drove growth with HFT contributing Rs 110.48 Lakhs in Q4FY26. Foreign subsidiaries in Hong Kong, Singapore, and Dubai contributed significantly with total revenues of Rs 1,05,643.15 Lakhs. Standalone results show modest growth with revenue of Rs 1,293.69 Lakhs and net profit of Rs 305.62 Lakhs. Statutory auditors Gorantla & Co issued unmodified (clean) audit opinions on both standalone and consolidated results. The Audit Committee noted a first-time SEBI Insider Trading Regulations violation by a Designated Person, issuing a warning letter. The company raised Rs 4,925.15 Lakhs through equity issuance during the year.
Strong operational performance with 162% revenue growth and 193% profit growth. The significant gap between consolidated and standalone results indicates heavy reliance on subsidiary performance, which investors should monitor. The insider trading violation represents a governance concern, though it was a first offense resulting in a warning rather than severe action.