ShareChat Parent Mohalla Tech’s FY26 Loss Widens 79% To ₹1,978 Cr, Revenue Inches Past ₹1,000 Cr Mark

Mohalla Tech, the parent company of social media platforms ShareChat and Moj, announced that its consolidated net loss widened by 78.5% in the financial year 2026 (FY26) to ₹1,978.4 Cr. Despite the loss, operating revenue increased by 40.4% to ₹1,016.3 Cr. The main reasons for the loss were higher expenses due to stock-based compensation payments, foreign exchange losses, and finance costs.

ShareChat's advertising revenue declined by 13% YoY to ₹251.8 Cr, while livestreaming revenue grew by almost 9% YoY to ₹471.8 Cr. The company launched its microdrama platform QuickTV in February 2025, which contributed to a 30% share of the top line revenue, amounting to ₹292.7 Cr. The growth in QuickTV subscriptions helped offset the decline in advertising revenue.

However, higher customer acquisition costs and the difficulty of converting free users into paying subscribers for microdramas pose challenges for the startup's monetisation strategies. Despite these challenges, Mohalla Tech is optimistic about its future financial performance in FY27, targeting an EBITDA profit of ₹25 Cr, with at least ₹15 Cr expected in the second half of the year.