String Metaverse Q2 FY27 Results: Net Profit ₹39.9 Cr, Up 84.7% YoY
String Metaverse Ltd reported revenue from operations of ₹410.3 Cr (+76.5% YoY) and net profit of ₹39.9 Cr (+84.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹39.9 Cr · +84.7% YoY
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String Metaverse Ltd reported revenue from operations of ₹410.3 Cr (+76.5% YoY) and net profit of ₹39.9 Cr (+84.7% YoY) for Q2 FY27.
String Metaverse has scheduled a Board meeting for 6 November 2026. The agenda covers financial results and a fund-raise proposal via equity or debt securities.
String Metaverse allotted 1.68 crore equity shares at ₹8.85 each to 14 non-promoter allottees. The preferential issue raised approximately ₹14.83 Crore in fresh equity capital.
String Metaverse Ltd appointed Dr. Sethurathnam Ravi as Director Emeritus in an honorary and advisory capacity, effective October 20, 2026.
String Metaverse Ltd announced EGM voting results, where shareholders approved the special resolution for the issue of equity shares on a preferential basis.
String Metaverse Ltd filed its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.
String Metaverse's EGM placed a preferential issue of up to 8.32 crore shares at ₹8.85 each for approval. The resolution covers approximately ₹73.63 crore in fresh equity capital.
String Metaverse Ltd received BSE in-principle approval for a preferential issue of 8.32 crore shares at Rs. 8.85 each. The issue is valued at Rs. 73.63 crore.
Mr. Sethurathnam Ravi resigned as Chairman and Non-Executive Director of String Metaverse Ltd, effective September 30, 2026.
String Metaverse Ltd issued an EGM notice to seek shareholder approval for a preferential equity issue of 8.32 crore shares worth ₹73.63 Crore.
String Metaverse Limited issued a corrigendum correcting the name of a proposed investor for its previously announced preferential issue. All other details remain unchanged.
String Metaverse Limited has scheduled an Extraordinary General Meeting (EGM) on October 15, 2026, to seek approval for issuing equity shares on a preferential basis.
String Metaverse board approved a ₹73.63 crore preferential equity issue at ₹8.85 per share. EGM set for October 15, 2026 for shareholder approval.
String Metaverse Ltd has scheduled a Board Meeting on September 17, 2026, to consider raising funds through the issuance of equity shares or other securities.
String Metaverse Ltd received a Dun & Bradstreet Financial Strength rating of 3A1 with a Strong composite appraisal. The rating reflects the company's tangible net worth for FY26.
Shareholders of String Metaverse Ltd approved the appointment of Shri Sethurathnam Ravi as Chairman through postal ballot. The resolution received overwhelming support.
String Metaverse's subsidiary, String Fintech HK Limited, received a 'Strong' 3AA1 risk rating from Dun & Bradstreet, validating its global financial infrastructure and institutional credibility.
String Metaverse Ltd announced its wholly-owned subsidiary, String Fintech HK Limited, received a '3AA1' credit rating with a 'Strong' risk indicator from Dun & Bradstreet.
String Metaverse Ltd reported no deviation or variation in the utilization of Rights Issue proceeds for the quarter ended 30th June, 2026.
String Metaverse reported explosive Q1FY27 growth with Operating Revenue of ₹392.42 Cr. Strategy focuses on Web3 infrastructure and 'Bills on Chain' verified through Hedera blockchain.
String Metaverse reported Q1 FY27 revenue of ₹392.42 crore, a 97.13% year-on-year surge. Net profit doubled to ₹36.92 crore alongside the launch of its Billson Chain blockchain platform.
String Metaverse Ltd reported revenue from operations of ₹392.4 Cr (+97.3% YoY) and net profit of ₹36.9 Cr (+101.6% YoY) for Q1 FY27.
String Metaverse Ltd scheduled a board meeting for August 11, 2026. The board will consider financial results and a proposal for raising funds.
String Metaverse Ltd issued a postal ballot notice to seek shareholder approval for the appointment of Shri. Sethurathnam Ravi as Director and Chairman.
String Metaverse launched the 'BillsOnChain' beta version on the Hedera Network. The AI-enabled blockchain platform focuses on secure digital billing and tokenized invoicing records.
String Metaverse Ltd reconstituted its Audit Committee with three independent directors. This is a routine governance update with no financial impact.
String Metaverse Limited announced a 2:9 bonus issue for public shareholders, fixing June 19, 2026, as the record date. The move aims to achieve minimum public shareholding compliance.
String Metaverse Limited shareholders approved a bonus share issuance via postal ballot for MPS compliance. The resolution passed with a requisite majority through electronic voting.
String Metaverse achieved ₹1,076.55 Cr revenue and ₹102.53 Cr PAT in FY26, positioning as a Web3 financial operating system for the on-chain economy.
String Metaverse Limited announced a leadership overhaul including the appointment of Dr. Sethurathnam Ravi as Chairman. This follows the resignations of two directors and committee reconstitution.