String Metaverse, recognized as India's pioneering publicly listed Web3 infrastructure and gaming company, has reported outstanding financial and operational results for the second quarter and half-year period concluding September 30, 2025. This period signifies a remarkable phase of exponential growth, enhanced operational scalability, and significant expansion across its core ecosystems, positioning the company as a formidable player in the global Web3 landscape.

The company's financial performance for Q2 FY26 demonstrated exceptional upward momentum. String Metaverse's consolidated total income experienced a substantial leap of 165.41 percent year-on-year (YoY), reaching ₹233.27 crore, a considerable increase from ₹87.89 crore recorded in the same quarter of the previous fiscal year. Profit after tax (PAT) saw an impressive surge of 220.59 percent, climbing to ₹21.64 crore from ₹6.75 crore. Furthermore, the company’s EBITDA aggressively grew by 223 percent, amounting to ₹25.83 crore, up from ₹8 crore in the corresponding period.

The first half of the financial year 2025-26 (H1 FY26) also reflected robust financial health. String Metaverse's revenue for H1 FY26 soared by 213.49 percent YoY, totaling ₹432.34 crore, compared to ₹137.91 crore in the prior year's first half. PAT for the period escalated by 229.18 percent YoY, reaching ₹39.93 crore from ₹12.13 crore. A strong indicator of improved liquidity and operational efficiency, Cash EBIT for H1 FY26 witnessed a 226.20 percent YoY jump, settling at ₹47.65 crore. The EBITDA margin for the first half of the year significantly expanded from 2.48 percent to an impressive 7.50 percent, underscoring the company's increasing profitability.

Operationally, String Metaverse's gaming ecosystem recorded substantial healthy growth. The active user base expanded by 17.5 percent quarter-on-quarter (QoQ), growing from 4 million to 4.7 million users. This growth was primarily fueled by the successful launches of new titles such as IdleMine 3.0, String Drive, String Tetris, and Rabbit 9x. The $IDLE Token, now seamlessly integrated across all String platforms, achieved a notable $50 million in trading volume and successfully processed 1 million on-chain transactions within Q2 alone, highlighting its critical role in the ecosystem.

Beyond gaming, the company made significant strides in DeFi and high-performance computing (HPC) infrastructure. String Metaverse deployed Solana validation nodes and processed an impressive over $80 million in DeFi transaction volume. Its subsidiary, String Fintech HK Ltd, further bolstered its presence by achieving $920 million in perpetual transaction volume across major platforms like Deribit and Binance. In the HPC infrastructure segment, String Metaverse established advanced colocation servers at key global financial hubs, including LD-4 (Deribit), TY-4 (Binance), and TY-4 (Hyperliquid). These state-of-the-art servers are instrumental in powering real-time trading, ultra-low latency execution, and sophisticated high-frequency strategies across String’s expansive global network.

Ganesh Meenavalli, Managing Director of String Metaverse, emphasized the significance of these achievements, stating,