How has been the historical performance of the String Metaverse?
Breakdown:
String Metaverse reported net sales of Rs 151.21 crore in March 2024, a substantial increase from Rs 0.00 in March 2023 and a notable rise from Rs 1.26 crore in March 2020. The total operating income for March 2024 also reached Rs 151.21 crore, reflecting the company's successful revenue generation. The total expenditure, excluding depreciation, was Rs 138.32 crore, which is an increase from Rs 0.73 crore in the previous year. This resulted in an operating profit (PBDIT) of Rs 13.76 crore for March 2024, compared to a loss of Rs 0.73 crore in March 2023. The profit before tax stood at Rs 10.82 crore, a significant turnaround from a loss of Rs 1.31 crore the previous year, leading to a profit after tax of Rs 10.82 crore, again a marked improvement from a loss of Rs 1.26 crore in March 2023. The earnings per share (EPS) for March 2024 was Rs 1.12, compared to a loss per share of Rs 0.49 in the previous year. The operating profit margin for March 2024 was 8.52%, indicating a positive trend from 0.0% in March 2023. Overall, String Metaverse has demonstrated a strong recovery and growth trajectory in its financial performance over the past year.
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Investors Returns (3 years) –
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