StockWatch
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Paper & Paper Products
Quarterly Result11 Aug 2026, 01:22 pm

String Metaverse Q1 FY27 Revenue Surges 97% to ₹392.42 Cr

AI Summary

String Metaverse Limited reported a strong Q1 FY27, with revenue soaring 97.13% year-over-year to ₹392.42 crore, up from ₹199.07 crore in Q1 FY26. Profit After Tax (PAT) more than doubled, increasing by 101.80% to ₹36.92 crore from ₹18.30 crore in the prior year. This performance is attributed to the company's expansion in artificial intelligence, blockchain, and digital financial infrastructure. A key strategic initiative highlighted is the launch of Billson Chain, developed in partnership with Hedera, which aims to bring commercial transaction records on-chain for blockchain-verifiable digital records. The company is positioning its technology strategy around the convergence of AI, blockchain, digital assets, tokenization, and programmable financial infrastructure.

Key Highlights

  • Revenue surged 97.13% YoY to ₹392.42 crore in Q1 FY27.
  • Profit After Tax (PAT) more than doubled, up 101.80% YoY to ₹36.92 crore.
  • Launched Billson Chain in partnership with Hedera to expand blockchain strategy.
  • Focusing on AI, blockchain, and digital financial infrastructure for future growth.
  • Company formerly known as Bio Green Papers Limited.