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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
String Metaverse Ltd (BSE: META | 534535), India's first listed Web3 infrastructure company, announced strong Q1 FY26 consolidated results. Revenue came in at ₹199.14 crore, up 298% year-on-year, while net profit (PAT) reached ₹18.29 crore, up 240% year-on-year. The company posted a PAT margin of 9.19% and operating EBITDA of ₹21.83 crore. Growth was driven by three verticals: blockchain validation nodes (Solana and Hyperliquid, operated via subsidiary String DePIN & AI Ltd in Ras Al Khaimah), fintech expansion including a newly acquired Canada MSB license enabling crypto-linked virtual debit cards with Visa, Mastercard, and UnionPay in 100+ countries, and Web3 gaming monetization supported by a new Singapore-based RTB Ad Exchange. The company operates globally across India, Hong Kong, Singapore, Dubai, Toronto, and Ras Al Khaimah.
These are headline-grabbing growth numbers that, if sustainable, could support a positive stock reaction. However, the unusually large YoY jumps and the absence of detailed segmental or audited disclosures mean investors should wait for the full quarterly filing before drawing firm conclusions about earnings quality.