String Metaverse Q1 FY27: Revenue Surges 97.13%, Profit After Tax Doubles Amid Blockchain Expansion

String Metaverse Q1 FY27: Revenue Surges 97.13%, Profit After Tax Doubles Amid Blockchain Expansion​

HYDERABAD, India | August 11, 2026 -String Metaverse Limited reported a robust first-quarter performance for fiscal year 2027, highlighting significant growth in revenue and profit as the technology company accelerates its expansion across artificial intelligence (AI), blockchain infrastructure, and digital finance.

The company announced that revenue for the quarter ending June 30, 2026, reached ₹392.42 crore, marking an approximately 97.13% increase compared to Q1 FY26. Profit After Tax (PAT) more than doubled to ₹36.92 crore from ₹18.30 crore a year earlier, reflecting a growth rate of approximately 101.80%.

The financial outcomes underscore String Metaverse's ability to scale its technology businesses while making strategic investments in emerging infrastructures related to AI, blockchain, and tokenized financial systems.

Q1 FY27 Financial Performance Summary​

String Metaverse's first-quarter figures demonstrate substantial year-over-year improvements:

Strategic Leap with Billson Chain​

In addition to the strong financial results, String Metaverse highlighted the introduction of Billson Chain as a pivotal strategic initiative. This platform was developed in partnership with Hedera and is designed to introduce invoices, receipts, and commercial transaction records onto a blockchain.

Billson Chain aims to create verifiable digital records for enterprise and financial applications. The platform seeks to connect conventional commercial transactions with blockchain-based verification, tokenization, and programmable settlement processes. Potential uses for the technology include automated reconciliation, invoice verification, tokenized receivables, enterprise payments, financing, and establishing programmable settlement infrastructure.

String Metaverse views Billson Chain as part of a broader shift toward financial infrastructure capable of managing transactions between enterprises, consumers, and eventually, autonomous AI systems.

Focus on Convergence: AI and Financial Infrastructure​

The company is strategically positioning its technology roadmap around the convergence of artificial intelligence, blockchain, digital assets, tokenization, and programmable financial infrastructure, anticipating increased automation in global commercial activities.

String Metaverse's longer-term technology architecture is being developed across three interconnected layers: AI and Digital Infrastructure leading to Blockchain and Tokenization, culminating in Financial Transaction Infrastructure.

Ganesh Meenavalli, Managing Director at String Metaverse Limited, commented on the performance, stating that Q1 FY27 represents another strong quarter. He emphasized the continued focus on scaling technology businesses while maintaining financial discipline. "The launch of BillsOnChain in partnership with Hedera expands our strategy into real world commerce," he noted. "We believe the convergence of AI, blockchain, tokenization and programmable settlement will fundamentally reshape how businesses and autonomous systems transact globally."

String Metaverse Limited continues to invest in scalable technology platforms with a focus on profitable growth.

Stock Price Movement​

At 13:23, String Metaverse Ltd. sees its shares climbing to ₹6.83, gaining 4.92%. The stock has actively traded through an intraday range, moving from a low of ₹6.19 up to the current level.