IPO-Bound Kuku Technologies Turns Profitable In FY26, Revenue Surges 6X To ₹1,484 Cr

Kuku Technologies Limited, the parent entity behind audio OTT platform Kuku FM and microdrama app Kuku TV, achieved profitability in fiscal year 2026 (FY26) for the first time, marking a significant turnaround from a net loss of ₹152.6 Cr in the preceding fiscal year. The company's main revenue driver, subscriptions, surged sixfold to ₹1,475.4 Cr, accounting for over 99% of its operating revenue.

Other sources of income included pay-per-piece content purchases (₹6.9 Cr) and advertising (₹1.9 Cr), totaling ₹1,510.4 Cr in total income. India contributed around 99% of Kuku Technologies' operating revenue, with international markets accounting for the remaining ₹20.5 Cr. The profitability, however, was affected by deferred tax credits of ₹98.2 Cr and a tax expense of ₹4 Cr, reducing the profit to ₹88.6 Cr when these factors are excluded.

The company's operating earnings improved dramatically, reaching an EBITDA profit of ₹82.9 Cr in FY26 compared to an EBITDA loss of ₹159.8 Cr in the prior year. Kuku Technologies, which plans to list on the stock market soon, intends to use the capital raised from its IPO to enhance technology infrastructure, expand content production, and broaden geographic reach.