ShareChat parent Mohalla Tech records 40% rise in revenue for FY26

Mohalla Tech, the parent company behind the popular social media platforms ShareChat, Moj, and QuickTV, announced a significant 40% rise in revenue for the fiscal year 26 (FY26), reaching Rs 1,016 crore, up from Rs 723 crore in the previous year. This growth was primarily attributed to the company's expansion into micro-dramas, a new revenue stream that combines advertising and subscription models.

The addition of micro-drama app QuickTV and Moj+ to the company's repertoire contributed Rs 293 crore in subscription revenue, marking its first full year of operation.

Mohalla Tech's annual recurring revenue (ARR) had reached Rs 1,500 crore by the first half of FY27, with the company expecting to achieve its first-ever full-year EBITDA profit for the fiscal year 27. EBITDA losses had narrowed by 58% to Rs 91 crore in FY26, down from Rs 219 crore in FY25. Positive cash flows were recorded for four consecutive quarters, and EBITDA was positive for two straight quarters by the first half of FY27.

Ankush Sachdeva, Co-founder and CEO of Mohalla Tech, remarked that after years of strategic discipline, the company had turned a corner in its path to profitability. The shift towards profitability has been marked by the achievement of a sustainable core business and the acceleration of growth. Manohar Charan, Co-founder and CFO, added that the company's advertising business showed strong momentum, with ad revenue growing 40% year-on-year in Q2 FY27, and is expected to continue growing during the festive season.

Daily consumption of micro-dramas had also increased six and a half times in just a year, reaching over 1 billion units per day.

The company's ads business, particularly the free-to-watch and ad-supported micro-drama format, had broadened its advertiser base across ShareChat and Moj.