String Metaverse: Explosive Q1 Growth Signals Web3 Boom in India

String Metaverse Ltd (BSE: META | 534535), India’s pioneering listed Web3 infrastructure company, announced stellar first-quarter results for FY26. Revenue surged by a remarkable 298%, while net profit soared by an equally impressive 240% year-on-year.

This unprecedented growth underscores the burgeoning adoption of Web3 technologies within India. The company’s robust operational performance showcases its ability to capitalise on this expanding market.

The Hyderabad-based firm’s success reflects a wider trend of increased investment and innovation in India’s rapidly evolving digital landscape.

This significant financial performance positions String Metaverse as a key player in India’s Web3 journey, potentially attracting further investment and driving technological advancements in the sector. The company’s future trajectory will be closely watched as an indicator of India’s overall Web3 potential. The results, released on August 5, 2025, have sent positive ripples through the Indian stock market.

Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.