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    Home»Business

    String Metaverse Ltd Reports 298% Revenue & 240% Profit Growth in Q1 FY26

    Web3 Infrastructure Company Delivers Breakout Quarter with Strong Operational Performance and Global Scale-Up
    PNN NewsdeskPNN Newsdesk Business 2 Mins Read
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    Hyderabad (Telangana) [India], August 4: String Metaverse Ltd (BSE: META | 534535), India’s first listed Web3 infrastructure company, has reported explosive financial growth for the first quarter of FY26, with revenue increasing 298% and net profit expanding 240% year-over-year. The results signal strong operating momentum as the company scales its core verticals: blockchain validation, decentralized fintech, and Web3 gaming infrastructure.

    Q1 FY26 Financial Performance Snapshot

    • Revenue: ₹199.14 Crore
    • Net Profit (PAT): ₹18.29 Crore
    • PAT Margin: 9.19%
    • Operating EBITDA: ₹21.83 Crore

     YoY Growth (vs Q1 FY25):

    • Revenue: ▲ +298%
    • Net Profit: ▲ +240%

    “These results underscore the scalability of our business model,” said the company. “As global demand for decentralized infrastructure rises, we’re well positioned to deliver high-margin growth at the edge of digital transformation.”

    Key Growth Drivers

    Web3 Gaming Engagement: User activity across decentralized gaming platforms surged, contributing significantly to revenue through ad monetization and in-app purchases.

    Blockchain Node Operations: Solana and Hyperliquid validation nodes, now live under String DePIN & AI Ltd, added recurring on-chain yield streams.

    Fintech Expansion: Revenue contributions from early-stage virtual debit card issuance and crypto-to-fiat infrastructure began scaling across North America and Asia.

    Management Commentary

    “The Q1 FY26 financial performance is not just about growth — it reflects operating leverage across global units,” said Santosh A, Director at String Metaverse Ltd.

    “We’re executing across multiple verticals with capital efficiency, unlocking scalable revenue from gaming, payments, and decentralized compute infrastructure. Our focus remains on compounding value through digital rails that are borderless, interoperable, and real-time.”

    Outlook

    With a robust pipeline of international fintech licenses, blockchain node activations, and enterprise partnerships in play, String Metaverse expects continued revenue acceleration in the upcoming quarters. The company remains committed to building a global programmable finance ecosystem anchored in transparency, yield, and user-first design.

    About String Metaverse Ltd

    String Metaverse Ltd (BSE: META) is a Web3 infrastructure and gaming company headquartered in Mumbai, with global operations in Hong Kong, Dubai, Toronto, Singapore, and Ras Al Khaimah. The company builds and operates foundational components of the Internet Financial System — including:

    • Blockchain validation nodes (Solana)
    • Fintech platforms for crypto debit cards and cross-border payments
    • Web3 gaming & RTB advertising ecosystems
    • HFT-enabled decentralised liquidity infrastructure

    Media & Investor Relations

    Email ID: [email protected]

    Website: www.stringmetaverse.com

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    Blockchain crypto debit cards Decentralized Finance fintech Gaming Net Profit q1 fy26 results Revenue Growth solana string metaverse ltd web3
    PNN Newsdesk

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