String Metaverse Limited reported a 165.41% year-on-year increase in Q2 consolidated revenue, reaching ₹23,249.83 crore. The company’s EBITDA grew by 223% to ₹2,583.00 crore, while PAT increased by 220.59% to ₹2,163.65 crore. The gaming segment generated ₹20,421.01 crore in revenue, with the user base expanding to 4.7 million. The company integrated the $IDLE Token across its platforms and deployed validation nodes on the Solana blockchain. The Board approved fund-raising initiatives totaling up to ₹1,410 crores through rights issue, QIP, and other securities offerings. An employee stock option scheme covering 50 lakh equity shares was also approved.
