String Metaverse Ltd (BSE: BGPL), the first Web3.0 company to be listed on the Indian stock markets, has announced impressive financial results for the first nine months of FY25 (Q1-Q3), reporting revenue of ₹253.51 Cr and a Profit After Tax (PAT) of ₹22.34 Cr.
Q3 Key Highlights &ndash; Driving Growth Across the Ecosystem
<ul style="text-align: justify;">
<li>Revenue:₹115.69 Cr</li>
<li>Profit After Tax:₹10.21 Cr</li>
<li>Global User Base:Over 3 million across gaming platforms (Source: Google Analytics)</li>
<li>Expansion into Ras Al-Khaimah (UAE)for Digital Advisory &amp; High-Frequency Trading (HFT) operations</li>
<li>Introduction of In-App Purchasesacross the String Ecosystem</li>
<li>Launch of String Arcade&ndash; A TON Blockchain gaming platform featuring retro &amp; modern games</li>
<li>Launch of String SpinWin&ndash; A Telegram-based free-to-play roulette game</li>
</ul>
Ecosystem Growth &amp; Product Expansion &ndash; 3 Million Users &amp; Counting
String Metaverse continues to experience rapid user adoption, driven by strategic product launches and ecosystem expansion. In Q3, the company introduced&nbsp;String Arcade, a gaming platform that offers classic retro games like&nbsp;Pac-Man&nbsp;and&nbsp;Snake, alongside modern mobile hits such as&nbsp;Flappy Bird&nbsp;and&nbsp;Doodle Jump-all powered by the TON blockchain. Additionally, the launch of&nbsp;String SpinWin, a free-to-play roulette game on Telegram, has attracted&nbsp;over 500,000 users in less than 60 days.
The company&rsquo;s blockchain-based mobile game,&nbsp;IdleMine, has surpassed&nbsp;1 million downloads&nbsp;on the Google Play Store (Source: Google Analytics), further solidifying its position in the gaming industry.
The Q3 revenue growth was significantly fueled by the successful integration of&nbsp;in-app purchases&nbsp;across all gaming platforms, enhancing monetization and driving record-breaking financial performance.
Expansion in Digital Advisory &ndash; String X Digital Advisory Platform
String Metaverse has expanded its operations in&nbsp;Ras Al-Khaimah (UAE)&nbsp;with the launch of its&nbsp;Digital Advisory platform. The company&rsquo;s platform is currently handling&nbsp;$200 million in trading volume every month&nbsp;on centralized exchanges.
String X&nbsp;has integrated with the&nbsp;Solana blockchain&nbsp;and will soon integrate with&nbsp;Base, Ethereum, Tron, and Binance Smart Chain, expanding its capabilities in Decentralized Exchanges (DEX) and Decentralized Finance (DeFi).
With these developments, the&nbsp;String X Digital Advisory Platform&nbsp;aims to process&nbsp;$1 Billion USD in transactions&nbsp;in combined centralized and decentralized trading volume every month.
CEO&rsquo;s Vision for Future Growth
Commenting on the company&rsquo;s performance,&nbsp;Santosh Althuru, CEO of String Metaverse, shared his vision for the company&rsquo;s expansion:
"With the rapid growth of our user base across the String ecosystem, coupled with the expansion of our blockchain infrastructure and AI-powered digital advisory services, we are confident in achieving a&nbsp;100&#37 CAGR over the next three years."
About String Metaverse Ltd
String Metaverse Ltd (BSE: BGPL) is a pioneering Web3.0 company listed on the Indian stock markets. The company is at the forefront of blockchain technology, offering innovative gaming platforms, digital advisory services, and decentralized finance solutions. With a rapidly growing global user base, String Metaverse is committed to driving the future of digital ecosystems.
For more information, please visit: <a href="http://www.stringmetaverse.com/" target="_blank" rel="nofollow noopener">www.stringmetaverse.com</a>

String Metaverse continues to experience rapid user adoption, driven by strategic product launches and ecosystem expansion.

String Metaverse Ltd (Biogreen Papers Ltd, BSE 534535) Reports Strong Q1-Q3 FY25 Performance with Rs 253.51 Cr Revenue and Rs 22.34 Cr PAT

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Home / Buzz / Article / String Metaverse Ltd (Biogreen Papers Ltd, BSE 534535) Reports Strong Q1-Q3 FY25 Performance with Rs 253.51 Cr Revenue and Rs 22.34 Cr PAT

String Metaverse Ltd (Biogreen Papers Ltd, BSE 534535) Reports Strong Q1-Q3 FY25 Performance with Rs 253.51 Cr Revenue and Rs 22.34 Cr PAT

Other Articles

Mid-Day Fast