String Metaverse Ltd Reports Strong Q3 FY25 Results with ₹115.69 Cr Revenue and ₹10.21 Cr Profit

Hyderabad: String Metaverse Ltd (BSE: BGPL), India’s first listed Web3.0 company, has announced its financial results for the third quarter of FY25, reporting a consolidated revenue of ₹115.69 crore and a profit after tax (PAT) of ₹10.21 crore. The company recorded a 31.75% increase in revenue and a 51.26% rise in PAT compared to the previous quarter.

The company’s user base has crossed 3 million across its gaming platforms, supported by key product launches and ecosystem expansion. String Metaverse introduced String Arcade, a blockchain-powered gaming platform featuring retro and modern games, and String SpinWin, a Telegram-based roulette game that has gained over 500,000 users in just two months. IdleMine, the company’s blockchain-based mobile game, has surpassed 1 million downloads on the Google Play Store.

A major driver of revenue growth this quarter was the successful implementation of in-app purchases across all gaming platforms, which significantly boosted monetization.

String Metaverse has also expanded operations in Ras Al-Khaimah, UAE, with the launch of its Digital Advisory platform, String X, which currently manages $200 million in monthly trading volume on centralized exchanges. The platform has integrated with the Solana blockchain and plans to expand to Base, Ethereum, Tron, and Binance Smart Chain to enhance its decentralized finance capabilities. With these developments, the company aims to process $1 billion in combined centralized and decentralized trading volume every month.

Santosh Althuru, CEO of String Metaverse, expressed confidence in the company’s future growth, stating that the expansion of its blockchain infrastructure and AI-powered digital advisory services will drive a 100% compound annual growth rate (CAGR) over the next three years.

String Metaverse Ltd is a pioneering Web3.0 company listed on the Indian stock markets, specializing in blockchain gaming, digital advisory services, and decentralized finance solutions. With a rapidly growing global user base, the company is committed to shaping the future of digital ecosystems.