String Metaverse Limited – H1 FY27 Financial Results
On 7 November 2026, String Metaverse Limited (BSE: META), a Web3, blockchain and AI firm headquartered in Hyderabad, released its consolidated results for the quarter and half‑year ended 30 September 2026.
Half‑Year Performance
The company reported revenue from operations of ₹802.66 crore, an 86.1% year‑on‑year increase. EBITDA (PBDIT) rose to ₹91.18 crore, up 91.3%, lifting the EBITDA margin by 31 basis points to 11.4%. Profit after tax reached ₹76.79 crore, marking a 92.3% YoY growth. The H1 figures represent 75.1% of FY26 full‑year revenue and 74.9% of FY26 full‑year profit after tax. The company’s Rule of 40 score for the period was 87.4%, well above the 40% benchmark.
Q2 FY27 Highlights
For the quarter ended 30 September 2026, revenue from operations climbed 76.5% YoY to ₹410.26 crore. EBITDA increased 83.2% to ₹47.32 crore, expanding the EBITDA margin by 42 basis points to 11.5%. Profit after tax grew 84.2% to ₹39.86 crore. On a sequential basis, Q2 revenue was 4.6% higher and profit after tax 7.9% higher than in Q1 FY27.
Management Commentary
Managing Director Ganesh Meenavalli stated that the first half of FY27 was a defining period, delivering three‑quarters of the prior year’s revenue and profit in six months while expanding margins. He announced a sharpened focus on agentic gaming, payment rails for AI agents, and the broader AI ecosystem, which the company views as the next phase of scalable digital growth.
Company Overview and Contacts
String Metaverse Limited operates in the Web3, blockchain and AI space with international offices in Hong Kong, Dubai, Ras Al Khaimah and Singapore. The firm’s vision is “Every Interaction is a Transaction.” Investor relations are handled by Chowda Reddy, Company Secretary, reachable at cs@stringmetaverse.com or +91 90004 21290.
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