How has been the historical performance of String Metaverse?

Jun 30 2025 10:38 PM IST
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String Metaverse experienced significant growth, reporting net sales of 151.21 Cr in March 2024, up from 0.00 Cr in March 2023, with a profit after tax of 10.82 Cr and an EPS of 1.12, marking a strong financial turnaround. The net profit margin improved to 7.16% in March 2024 from 0.0% the previous year.
Answer:
The historical performance of String Metaverse shows significant growth in recent years, particularly in the fiscal year ending March 2024.

Breakdown:
String Metaverse reported net sales of 151.21 Cr in March 2024, a substantial increase from 0.00 Cr in March 2023 and 1.26 Cr in March 2020. The total operating income followed a similar trend, reaching 151.21 Cr in March 2024, compared to 0.00 Cr in the previous year. The company achieved an operating profit (PBDIT) of 13.76 Cr in March 2024, a notable recovery from a loss of 0.73 Cr in March 2023 and losses in earlier years. The profit before tax also turned positive at 10.82 Cr in March 2024, compared to a loss of 1.31 Cr in March 2023. Consequently, the profit after tax for March 2024 was 10.82 Cr, a significant improvement from a loss of 1.26 Cr in the previous year. The earnings per share (EPS) rose to 1.12 in March 2024, recovering from a negative EPS of -0.49 in March 2023. Overall, the company demonstrated a strong turnaround in financial performance, with a net profit margin of 7.16% in March 2024, compared to 0.0% in March 2023.
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