{"id":138769,"date":"2024-11-12T18:31:00","date_gmt":"2024-11-12T13:01:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=138769"},"modified":"2024-11-12T18:34:51","modified_gmt":"2024-11-12T13:04:51","slug":"string-metaverse-ltd-highlights-strong-growth-with-137-82-crores-revenue-12-13-crores-pat-in-h1-of-fy25-amidst-strategic-expansion","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/string-metaverse-ltd-highlights-strong-growth-with-137-82-crores-revenue-12-13-crores-pat-in-h1-of-fy25-amidst-strategic-expansion\/","title":{"rendered":"String Metaverse Ltd Highlights Strong Growth with\u00a0 \u20b9137.82 Crores Revenue, \u20b912.13 Crores PAT in H1 of FY25 Amidst Strategic Expansion.\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1497914582\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Hyderabad, India, November 2024 \u2013 String Metaverse Limited (Bio Green Papers Ltd, BSE\u00a0 534535) has reported impressive revenue of \u20b9137.82 crores and a profit after tax (PAT) of\u00a0 \u20b912.13 crores for the first half of FY25. The PAT figure includes a one-time expense of \u20b92.45\u00a0 crores related to merger stamp duty and authorized capital fees. These results reflect the company\u2019s successful pivot to cutting-edge domains such as Web3 gaming, artificial intelligence (AI), and blockchain technology.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1178386310\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading\"><strong>Key Highlights:&nbsp;<\/strong><\/h2><p>\u2b9a Revenue: \u20b9137.82 crores in six months&nbsp;<\/p><p>\u2b9a Profit After Tax: \u20b912.13 crores (includes one-time costs)&nbsp;<\/p><p>\u2b9a Global User Base: Over 2 million active users across gaming platforms \u2b9a Attention Economy: Captured 126 billion seconds of engagement in six months&nbsp; (Source: Google Analytics)&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1759689355\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Building digital communities through String Metaverse&#8217;s Ecosystem for the attention economy, which is valued at an estimated $7 trillion.\u00a0<\/p><p>Through its UAE subsidiary, String Metaverse, the company has secured strategic licenses,\u00a0 including an AI license, blockchain node license, digital asset trading license, and e-sports license in RAK DAO. These licenses position String Metaverse as a formidable player in the blockchain-enabled gaming and digital commerce space.\u00a0<\/p><h2 class=\"wp-block-heading\"><strong>Innovation with Project MidEarth&nbsp;<\/strong><\/h2><p>The company is advancing Project MidEarth, a revolutionary initiative to create an \u201cArmy of&nbsp; AI Agents\u201d that integrates blockchain technology for AI monetization.&nbsp;<\/p><p><strong>These AI agents are designed to perform roles such as:\u00a0<\/strong><\/p><ul class=\"wp-block-list\"><li>\u2714 Managing digital assets&nbsp;<\/li>\n\n<li>\u2714 Facilitating payments between agents and humans&nbsp;<\/li>\n\n<li>\u2714 Providing liquidity as a service&nbsp;<\/li>\n\n<li>\u2714 Enhancing digital asset security&nbsp;<\/li>\n\n<li>\u2714 Driving data-driven decision-making in trading<\/li><\/ul><p><strong>String Metaverse Limited. (Bio Green Papers Limited)\u00a0CIN: L62099TG1994PLC017207,\u00a0<\/strong><\/p><p>Registered Office Address: Sy.No 66\/2, Street No.03, 2nd floor, Rai Durgam, Prashanth Hills, Nav Khalsa, GachiBowli, Hyderabad, RangaReddy, Telangana, India, 500008. Tel: 040 29390760 <strong>Email: <\/strong>cs@stringmetaverse.com, info@stringmetaverse.com <strong>Website: <\/strong>www.stringmetaverse.com&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-4149893310\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The project aims to pioneer the AI agent economy, enabling real-time settlements and fostering trustless, truth-based systems through blockchain integration.\u00a0<\/p><h2 class=\"wp-block-heading\"><strong>Future Outlook:&nbsp;<\/strong><\/h2><p>Santosh Althuru, CEO of String Metaverse, stated, \u201cWe are building an agent economy that will grow alongside the human economy, enabling commerce and monetization across multiple blockchains. We anticipate achieving a CAGR of 70% to 100% over the next three\u00a0 years, driven by innovations in AI and blockchain commerce.\u201d\u00a0<\/p><p>With its focus on technological advancements and strategic global partnerships, String\u00a0 Metaverse Limited is set to redefine the future of AI-driven commerce and blockchain gaming.<\/p><div class=\"trade-after-content\" id=\"trade-2906081479\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Hyderabad, India, November 2024 \u2013 String Metaverse Limited (Bio Green Papers Ltd, BSE\u00a0 534535) has reported impressive revenue of \u20b9137.82 crores and a profit after tax (PAT) of\u00a0 \u20b912.13 crores for the first half of FY25. The PAT figure includes a one-time expense of \u20b92.45\u00a0 crores related to merger stamp duty and authorized capital fees. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":137670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-138769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>String Metaverse Ltd Highlights Strong Growth with\u00a0 \u20b9137.82 Crores Revenue, \u20b912.13 Crores PAT in H1 of FY25 Amidst Strategic Expansion.\u00a0 - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/string-metaverse-ltd-highlights-strong-growth-with-137-82-crores-revenue-12-13-crores-pat-in-h1-of-fy25-amidst-strategic-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"String Metaverse Ltd Highlights Strong Growth with\u00a0 \u20b9137.82 Crores Revenue, \u20b912.13 Crores PAT in H1 of FY25 Amidst Strategic Expansion.\u00a0\" \/>\n<meta property=\"og:description\" content=\"Hyderabad, India, November 2024 \u2013 String Metaverse Limited (Bio Green Papers Ltd, BSE\u00a0 534535) has reported impressive revenue of \u20b9137.82 crores and a profit after tax (PAT) of\u00a0 \u20b912.13 crores for the first half of FY25. 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The PAT figure includes a one-time expense of \u20b92.45\u00a0 crores related to merger stamp duty and authorized capital fees. 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