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Quarterly Result6 Nov 2026, 02:49 pm

String Metaverse H1 FY27 Profit Surges 92.3% to ₹76.79 Cr

AI Summary

String Metaverse Limited announced a significant surge in its financial performance for the first half of FY27 (ended September 30, 2026). Revenue from operations climbed 86.1% year-on-year to ₹802.66 crore, while profit after tax grew by an impressive 92.3% to ₹76.79 crore. The company's EBITDA also saw a substantial increase of 91.3% to ₹91.18 crore, with EBITDA margins widening. For the second quarter of FY27, revenue rose 76.5% to ₹410.26 crore and profit after tax increased 84.2% to ₹39.86 crore. String Metaverse highlighted that its H1 FY27 performance represents 75% of its full-year FY26 revenue and profit, with a strong Rule of 40 score of 87.4%. The company is sharpening its focus on agentic gaming and its broader AI ecosystem for future growth.

Key Highlights

  • H1 FY27 revenue up 86.1% YoY to ₹802.66 crore.
  • H1 FY27 profit after tax up 92.3% YoY to ₹76.79 crore.
  • Q2 FY27 revenue grew 76.5% YoY to ₹410.26 crore.
  • Company achieved 75% of FY26 revenue in H1 FY27.
  • Focus shifting towards agentic gaming and AI ecosystem.