String Metaverse’s Profit Surges 92.3% in H1 FY27 as Revenue Climbs 86.1%; Company Sharpens Focus on Agentic Gaming

String Metaverse’s Profit Surges 92.3% in H1 FY27 as Revenue Climbs 86.1%; Company Sharpens Focus on Agentic Gaming

Hyderabad (Telangana) [India], November 6: String Metaverse Limited (BSE: META), a Web3, blockchain and AI company, today announced its consolidated financial results for the quarter and half-year ended 30 September 2026. Revenue from operations for H1 FY27 rose 86.1% year-on-year to ₹802.66 crore, while profit after tax grew 92.3% to ₹76.79 crore, with earnings growing faster than revenue as EBITDA margin widened.

Strong First-Half Financial Performance

For the half-year ended 30 September 2026, revenue from operations rose 86.1% year-on-year to ₹802.66 crore. EBITDA (PBDIT) grew 91.3% to ₹91.18 crore, lifting EBITDA margin by 31 basis points to 11.4%. Profit after tax increased 92.3% to ₹76.79 crore.

Q2 FY27 Performance

For the quarter ended 30 September 2026, revenue from operations grew 76.5% year-on-year to ₹410.26 crore. EBITDA rose 83.2% to ₹47.32 crore, with the EBITDA margin up 42 basis points to 11.5%, and profit after tax increased 84.2% to ₹39.86 crore. On a sequential basis, Q2 revenue was 4.6% higher, and profit after tax was 7.9% higher than in Q1 FY27.

H1 FY27 Milestones

In the first six months of FY27, the Company generated 75.1% of its FY26 full-year revenue and 74.9% of its FY26 full-year profit after tax. Its H1 FY27 Rule of 40 score stood at 87.4%, more than double the 40% benchmark commonly used to gauge balanced growth and profitability.

Managing Director’s Statement

“The first half of FY27 has been a defining period for String Metaverse. Delivering three-quarters of last year’s revenue and profit in just six months, while expanding margins, shows that our growth is both scalable and profitable. We are now sharpening our focus on agentic gaming, payment rails for AI agents and our broader AI ecosystem, where we see the opportunity to build scalable digital businesses that will drive the Company’s next phase of growth.”

— Ganesh Meenavalli, Managing Director, String Metaverse Limited

About String Metaverse Limited

String Metaverse Limited (BSE: META) is a Web3, blockchain and AI company headquartered in Hyderabad, India, with international offices in Hong Kong, Dubai, Ras Al Khaimah and Singapore. Its work is guided by a single vision: “Every Interaction is a Transaction.”

Investor Relations: Chowda Reddy, Company Secretary | cs@stringmetaverse.com  |   91 90004 21290

String Metaverse Ltd (Biogreen Papers Ltd, BSE 534535) Posts Q2 FY25 Consolidated Revenue of Rs 87.8 Crores and EBITDA of Rs 7.91 Crores

String Metaverse Ltd (Biogreen Papers Ltd, BSE 534535) Posts Q2 FY25 Consolidated Revenue of Rs 87.8 Crores and EBITDA of Rs 7.91 Crores

Hyderabad (Telangana) [India], November 13: String Metaverse Limited (formerly Biogreen Papers Ltd, BSE 534535) has announced its Q2 FY25 financial results, reporting a consolidated revenue of Rs87.8 crores and an **EBITDA of Rs7.91 crores.

String Metaverse Limited (Bio Green Papers Ltd, BSE 534535) has reported impressive revenue of Rs137.82 crores and a profit after tax (PAT) of Rs12.13 crores for the first half of FY25. The PAT figure includes a one-time expense of Rs2.45 crores related to merger stamp duty and authorized capital fees. These results reflect the company’s successful pivot to cutting-edge domains such as Web3 gaming, artificial intelligence (AI), and blockchain technology.

Key Highlights:

* Revenue: Rs137.82 crores in six months.

* Profit After Tax: Rs12.13 crores (includes one-time costs).

* Global User Base: Over 2 million active users across gaming platforms.

* Attention Economy: Captured 126 billion seconds of engagement in six months (Source: Google Analytics).

Building digital communities through String Metaverse’s Ecosystem for the attention economy, which is valued at an estimated $7 trillion.

Through its UAE subsidiary, String Metaverse, the company has secured strategic licenses, including an AI license, blockchain node license, digital asset trading license, and e-sports license in RAK DAO. These licenses position String Metaverse as a formidable player in the blockchain-enabled gaming and digital commerce space.

Innovation with Project MidEarth

The company is advancing Project MidEarth, a revolutionary initiative to create an “Army of AI Agents” that integrates blockchain technology for AI monetization.

These AI agents are designed to perform roles such as:

– Managing digital assets

– Facilitating payments between agents and humans

– Providing liquidity as a service

– Enhancing digital asset security

– Driving data-driven decision-making in trading

The project aims to pioneer the AI agent economy, enabling real-time settlements and fostering trustless, truth-based systems through blockchain integration.

Future Outlook:

Santosh Althuru, CEO of String Metaverse, stated, “We are building an agent economy that will grow alongside the human economy, enabling commerce and monetization across multiple blockchains. We anticipate achieving a CAGR of 70% to 100% over the next three years, driven by innovations in AI and blockchain commerce.”

With its focus on technological advancements and strategic global partnerships, String Metaverse Limited is set to redefine the future of AI-driven commerce and blockchain gaming.